M&A
M&A
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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 -
By merging with FTAC Olympus Acquisition Corp. and entering a B2B partnership with Mastercard, Payoneer is grabbing for a bigger share of the spotlight.
March 17 -
DLP Bancshares, an affiliate of DLP Real Estate Capital, plans to use the acquisition to create a national platform for commercial real estate and warehouse loans.
March 16 -
The company will pay $29 million for Town-Country National Bank in Camden, Ala., which will operate as its own subsidiary after the deal closes.
March 16 -
Acquisition-hungry Stearns Bank has been fielding so many calls from would-be sellers that it has brought in a merger specialist to sort through them.
March 12 -
The $21 million deal would combine Feather River Bancorp, a small bank with deep local roots, and Plumas Bancorp, which has deeper pockets and a broader array of products and services.
March 11 -
Indiana Members CU will expand its reach later this year following completion of a proposed combination with Members Choice FCU.
March 10 -
The Delaware company would remove a rival, gain scale in affluent Philadelphia suburbs and accelerate its transformation from a branch-heavy lender to a digital-first bank with the $976 million acquisition.
March 10 -
Square, LendingClub and SoFi are among the upstarts that once positioned themselves as outsiders but now seek to challenge banks more directly. Here's how they're doing it.
March 10 -
The Delaware company's pending purchase will create a bank with $43 billion of assets under management.
March 10 -
The deal to take over the firm's prearranged funeral insurance and final expense business in the U.S. and Canada is worth approximately $1.3 billion, and marks the latest in a string of acquisitions for CUNA Mutual.
March 9 -
The acquisition of Golden Pacific Bank will accelerate the online lender’s effort to become a full-service bank.
March 9 -
The unnamed investors will pay about $50 million for Northern California National Bank through a tender offer.
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