M&A
M&A
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USI Insurance Services agreed to buy Northwest Insurance Services in a deal that should close later this quarter.
April 1 -
The Illinois company would gain its first two branches in Winnebago County as part of the deal.
April 1 -
Toronto-Dominion Bank Chief Executive Bharat Masrani said he’s still interested in a major acquisition to add to the firm’s U.S. retail operations, and that he’s unfazed by the recent valuation surge for the regional lenders that would be his most likely targets.
April 1 -
The Texas company has agreed to acquire HubTran, which offers artificial intelligence and machine learning capabilities for the transportation sector.
April 1 -
The California company will gain $4 billion of low-cost deposits with its $250 million acquisition of the homeowners association services division.
April 1 -
Heritage Southeast Bank in Georgia, at $1.6 billion of assets, would become the largest bank to be sold to a credit union.
April 1 -
United Neighbors Federal Credit Union holds just $4.4 million of assets, but the addition will help broaden SeaComm's branch network and expand its member base.
March 31 -
Two decades ago, before Jamie Dimon & Co. towered over the industry, the sale of JPMorgan to Chase Manhattan was seen by some as the downfall of the most prestigious U.S. bank. In a new book, Nicholas P. Sargen, a former economist there, offers a cautionary tale of a management team that did many things right yet failed to avoid a takeover.
March 31 -
Business First Bancshares is counting on its acquisition of Smith Shellnut Wilson to help it offer more advisory services to commercial clients.
March 30 -
Peoples Bancorp will pay $292 million for the West Virginia company. It also announced it's buying a leasing company in Vermont.
March 29 -
Fiserv has agreed to acquire processor Pineapple Payments in a move that will expand its current distributor partner relationship to help its Clover platform while also picking up the payment processing for Pineapple's current customer base.
March 26 -
A planned combination of Maine State Credit Union in Augusta and Midcoast Federal Credit Union in Freeport has been nixed despite receiving approval from regulators.
March 25 -
Four months into the job, Charles Shaffer has struck a deal for Legacy Bank of Florida and is eyeing more acquisitions. His predecessor, Dennis Hudson III, built Seacoast with more than a dozen buyouts across the Sunshine State.
March 24 -
Wells Fargo, disposing of units to simplify operations, agreed to sell its corporate trust business to Australia’s Computershare Ltd. for $750 million.
March 24 -
The $235 million acquisition will bring CEO Jared Wolff's company a trove of cheap deposits and the chance to slash costs without having to significantly change its business model.
March 23 -
The company agreed to buy Legacy Bank of Florida for $102 million.
March 23 -
Smith Shellnut Wilson has managed Business First's investment portfolio since the bank was formed 15 years ago.
March 23 -
Banc of California, which last bought a bank in 2013, has agreed to pay $235 million in stock for Pacific Mercantile, which is based in Costa Mesa, Calif.
March 22 -
The Florida bank will expand to the east with its pending purchase of Hillsboro Bank.
March 18 -
Like the fintechs SoFi and LendingClub, DLP Real Estate Capital is acquiring a community bank largely to lower the cost of funding loans.
March 18











