11 Images Total
Banks are generally selling for less than they did before the financial crisis. Yet there have been select instances in which buyers have been willing to pay significant premiums to sellers' tangible book values. Here are highest premiums since January 2015 for deals valued at $100 million or more.
BOK Financial-MBT Bancshares
BOK Financial in Tulsa, Okla., showed a willingness to expand in spite of the toll that low oil prices have taken on its loan book. BOK, led by Chief Executive Steven Bradshaw, agreed in December to buy MBT Bancshares in Kansas City, Mo., for $103 million in cash an eye-popping 347% premium for the $584 million-asset MBT.