M&A
M&A
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Some advisers are urging acquirers to strike while they have strong currencies, while others are warning about the risk of overpaying. Sellers, meanwhile, must be wary of a correction after months of surging prices.
February 24 -
PenFed will acquire Augusta Metro CU via merger, marking four mergers for the giant institution since the start of 2017.
February 24 -
Canada's largest lender reported double-digit profit growth in its latest quarter in part because of CEO David McKay's focus on expanding in private wealth and commercial banking in the U.S.
February 24 -
No matter the regulatory environment, small and medium-sized CUs must at least consider the benefits of merging with larger institutions and be ready to do so should the opportunity arise.
February 23 -
The prepaid card issuer has been striving to overcome the setback it suffered from the discontinuation of a popular product in 2015.
February 22 -
The move will more than double the size of Eldorado's branch network, while allowing MidCountry to exit the market.
February 22 -
Tiny $17 million Touchstone Federal Credit Union has two branches and 2,291 members, and will merge into a credit union with more than $1 billion in assets.
February 22 -
Columbia Banking's CEO, who died unexpectedly on Sunday, was a thoughtful and tenacious leader who leaves a legacy of turning a small Washington bank into a regional power in the Pacific Northwest.
February 21 -
How to keep score in the industry and identify the truly victorious banks has never been tougher.
February 21 -
West Town will pay $24.6 million in cash and stock for Sound Banking. The deal will close later this year.
February 17 -
The deal comes months after First Merchants bought a minority stake in Independent Alliance.
February 17 -
The deal with American Homestead Mortgage will allow Wintrust Mortgage to move into northern Montana.
February 16 -
Texas Trust and Qualtrust CUs have announced their intention to merge under the Texas Trust banner.
February 15 -
CapGen, once a vocal critic of management, will cut its holdings to as little as 3% of shares outstanding.
February 15 -
Stocks of big banks have now largely recovered from their financial crisis lows; the big Japanese tech and telecom company plans to buy the $70 billion asset manager.
February 15 -
The bank and one of its investors are planning a sale of common stock that could help fund growth initiatives.
February 14 -
Not every bank could simultaneously make and entertain acquisition offers like Pacific Continental did, but its story highlights hard questions facing financial institutions in a consolidating industry.
February 14 -
Progress will pay $42 million to expand in Birmingham, Ala., adding branches in a market where it hired a lending team last year.
February 14 -
The bank has shifted Chief Operating Officer Finn Caspersen Jr. to chief strategic officer and hired Robert Plante to succeed him as COO.
February 14 -
Heartland will gain 12 branches around Denver and Boulder after it buys the $1.4 billion-asset Citywide.
February 14















