M&A
M&A
- Mississippi
Renasant in Tupelo, Miss., has agreed to buy KeyWorth Bank in Johns Creek, Ga.
October 20 -
Synovus Financial in Columbus, Ga., reported higher quarterly earnings that reflected an increase in fee income and cost control.
October 20 -
Regal Bank in Livingston, N.J., has agreed to buy Community First Bank in Somerset, N.J.
October 20 -
Revere Bank in Laurel, Md., has agreed to buy BlueRidge Bank in Frederick, Md.
October 19 -
General Electric is trying to entice its shareholders to exchange their stock for shares in Synchrony Financial, the spun-off credit card lender.
October 19 - Arkansas
Bank of the Ozarks in Little Rock, Ark., is set to catapult over $10 billion in assets after agreeing to buy Community & Southern Holdings in Atlanta.
October 19 -
Merger-related expenses took a nearly $6 million bite out of third-quarter earnings at Wintrust Financial in Rosemont, Ill., but its chief executive predicted several recently completed deals will pay off sooner than anticipated.
October 19 - Utah
Zions Bancorp. in Salt Lake City posted stronger third-quarter earnings from lower costs and higher fee income. The $58.4 billion-asset company said in a press release Monday that its earnings rose 6% from a year earlier, to $84.2 million, or 41 cents a share.
October 19 -
In buying Germany's Wincor Nixdorf, Diebold would not only be eliminating a rival it would also gain new technology and retail relationships vital to its success in an economy that is growing much less reliant on plastic cards.
October 19 -
A breakdown of M&A announcements in the financial services industry for the week ended October 17.
October 19 -
Community banks, frustrated that online and email marketing often gets overlooked, are trying to get people to engage with local businesses in hopes of landing more clients.
October 19 -
Diebold Inc. offered 1.57 billion euros ($1.8 billion) in cash and stock to acquire its German rival, Wincor Nixdorf AG, in a bid to create the biggest maker of cash machines and security systems with about $6 billion in sales.
October 19 -
Morgan Stanley reported profit that missed analysts estimates as fixed-income trading revenue tumbled and investment-management fees dropped by more than half on an Asian private-equity loss.
October 19 - Tennessee
Acquisitions would seem to be a logical course of action for regional banks struggling to cut costs and boost revenues in the low interest rate environment, but some bank chief executives are less open to the idea than others as comments by the heads of First Horizon and SunTrust demonstrate.
October 16 -
General Electric plans to ask early next year for relief from heightened regulatory scrutiny, while its former credit card arm says that it won't be subject to the same stress-testing rules as most banks its size.
October 16 -
BofI Holding in San Diego is poised to end a tumultuous week, after a lawsuit accusing it of lax controls sent investors scurrying.
October 16 -
Webster Financial in Waterbury, Conn., reported a higher third-quarter profit on growth in deposit and loan fees related to its acquisition of health savings accounts.
October 16 -
Sound growth plans, not quirks of geography, define this years class of community bank all-stars.
October 16 -
Peoples United Financial in Bridgeport, Conn., has acquired an insurance agency in Bridgeport.
October 16 -
NCAL Bancorp in Irvine, Calif., has agreed to buy Commercial Bank of California in Los Angeles.
October 15



