-
The company's management team is confident it can build off a beachhead, making its case by referencing past forays into Baton Rouge, La., and Houston.
February 18 -
Buyers in Texas show little interest in strugglers like Omnibank in Houston, leaving the door open for a buyer like Bank of the Ozarks from Arkansas that knows how to acquire and fix broken banks.
December 11 -
Though many banks have capitalized on the financial crisis, Home BancShares is a leader among that group. It scooped up seven failed banks in Florida and bought two more open, but deeply distressed, ones, a tally few can top.
November 21 -
West Virginia's City Holding is content to have loan officers drive several hours to pursue lending opportunities rather than relying on aggressive M&A. Part of the approach is tied to lessons learned from a risky strategy that blew up on a previous management team in the 1990s.
February 13 -
The Southeastern companies used the fourth quarter to record several one-time expenses that dinged their bottom lines. Still, observers detected strength in their core results.
January 21 -
The regional banks face a False Claims Act probe by the departments of Justice and Housing and Urban Development into how they originated FHA-insured loans. Large fines may follow.
August 23 -
Sidelined by the Fed this year, BB&T wants to get back to buying banks in 2014 provided the Fed accepts its updated capital plan. Its peers are more cautious.
July 18
Analysts Joseph Fenech and Kevin Fitzsimmons have resigned from the research department at Sandler O'Neill.
The two have been with the company for more than a decade each and cover a collective 45 banks.
The men and Sandler O'Neill declined to comment.
On Friday, Fitzsimmons sent out a mass email saying he had plans to join another unnamed firm following the expiration of a 90-day noncompete clause in his contract with Sandler.
"I am very excited about an opportunity I have to spearhead (along with a former Sandler colleague) the building of an equity research function at another firm," Fitzsimmons said in the email.
Fenech's coverage list at Sandler included some of the most active community bank acquirers of the last few years, including: Home BancShares (HOMB) in Conway, Ark.; Iberiabank (IBKC) in Lafayette, La.; Sterling Bancorp (STL) in New York.
Fitzsimmons covered several larger regionals, including: BB&T (BB&T) in Winston-Salem, N.C.; First Horizon National (FHN) in Memphis; Regions Financial (RF) in Birmingham, Ala.; and Synovus Financial (SNV) in Columbus, Ga.
