M&A
M&A
-
The Onondaga, New York-based buyer agreed to pay $82.8 million for Elmira Savings Bank.
October 4 -
The acquisition of Sabal Capital Partners, which has been growing its footprint in commercial mortgage-backed securities lending, will help the Alabama bank build out its capital markets business.
October 4 -
Eagle said it would pay $41.3 million for First Community Bancorp. It would be the bank's fourth purchase of a Montana bank since 2018.
October 1 -
The companies said they are still waiting for the Federal Reserve to approve the deal, which was announced nearly a year ago and was scheduled to close by Oct. 15. The new deadline is March 1.
September 30 -
The company has agreed to buy Fortune Financial, which would give it a toehold in the St. Louis area.
September 30 -
The $63 million-asset Texas Federal Credit Union in Dallas is combining with the $1.6 billion-asset Texas Trust Credit Union in nearby Arlington.
September 30 -
The cash and stock deal, which is expected to close early next year, would nearly triple the number of branches Mississippi-based BancPlus has in the greater New Orleans area.
September 30 -
Stifel Financial agreed to buy the fixed-income brokerage Vining Sparks and its affiliates, adding about $150 billion in annual trading volume and further bulking up its banking-advisory capabilities.
September 29 -
U.S. Bancorp, M&T Bank, Citizens Financial are among the regionals that are buying smaller competitors in an effort to achieve greater scale.
September 28 -
Chief Information Officer Scott Case and his staff are building patent-pending technology to transfer data from legacy BB&T and SunTrust systems to new digital channels while preserving the best of each company's platforms elsewhere.
September 27 -
The Boston company is set to become the nation’s largest custody bank after paying a premium for a Brown Brothers Harriman unit. Executives and analysts say Brown Brothers may have been the last chance for any of the country's major custodians to achieve meaningful growth through M&A.
September 24 -
The deal would propel New York-based Valley National into the ranks of the nation's 30 largest banks.
September 23 -
In the last 10 months, three banks based overseas have announced their exit from retail banking in this country. Rising competition, revenue challenges and a pressing need to spend big on technology are driving the moves.
September 22 -
The institution, which dates to the mid-1800s, helped fuel the state’s growth during the 19th and 20th centuries. Its charter will cease to exist when it's sold to U.S. Bancorp.
September 22 -
Its deal for the unaffiliated but similarly mission-focused Amalgamated Bank of Chicago would create a $7.6 billion-asset institution serving unions, nonprofits and organizations that support environmental sustainability and social enterprises.
September 22 -
The Dallas-based bank holding company said it would pay $62.5 million in cash to buy the privately held North Avenue Capital, the top lender in the USDA's Business & Industry program.
September 22 -
Whether to approve the $8 billion deal will fall to the Fed, whose board may be reshaped by President Biden in the coming months. The White House recently called for more robust scrutiny of bank acquisitions.
September 21 -
JPMorgan Chase bought the college financial-planning platform Frank, the latest in a string of acquisitions the largest U.S. bank has made this year to compete with both big technology firms and fintech upstarts.
September 21 -
By acquiring Citizens Union Bancorp, the Indiana-based German American will gain 11 branches and more than $700 million of deposits in Kentucky’s largest city.
September 21 -
The cash-and-stock deal would add roughly $58 billion of loans and $90 billion of deposits to U.S. Bancorp’s balance sheet, significantly boosting the company's market share in California.
September 21















