M&A
M&A
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Burned by a 2007 deal in Florida, Park National in Ohio had several years to reflect on lessons learned before agreeing to buy NewDominion Bank in Charlotte, N.C.
January 24 -
The New York company recorded more than $130 million of expenses tied to its October purchase of Astoria Financial.
January 23 -
An economic correction is long overdue, the Ohio company says in explaining why now is the wrong time for long-term entanglements like mergers.
January 23 -
The Pittsburgh company reported a noisy fourth quarter that included expenses tied to its purchase of Yadkin Financial and a reduction in the value of its deferred tax assets.
January 23 -
NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C.
January 23 -
The South Carolina company also provided a timeline for heightened regulation tied to crossing the $10 billion asset threshold.
January 23 -
Bank will add 400 branches and boost mortgage lending; the company attempts first acquisition since it nearly failed during the financial crisis.
January 23 -
The Illinois company reported strong loan growth, an wider net interest margin and a one-time net tax benefit of nearly $8 million tied to recently passed tax reform.
January 22 -
Look for banks to boost dividend payouts, expand into new markets, increase their tech spending and, eventually, ramp up their C&I lending. But don't expect much in the way of M&A.
January 21 -
Wings Financial Credit Union will also gain about $40 million in deposits and $10 million in loans.
January 19 -
The three branches and the customers they serve will bring about 4,500 new members to the credit union, along with an additional $40 million in deposits and $10 million in loans.
January 19 -
The Stamford, Conn.-based credit card issuer saw improvement in late payments by its customers, but the pace of loan growth also slowed during the fourth quarter.
January 19 -
Buying Capital Bank Financial helped boost revenue by 17% in the fourth quarter, but one-time charges related to recent tax cuts dragged down the Memphis company's profits.
January 19 -
It was thought tax cuts could fuel a rise in bank deals, but regionals seem to be leaning toward digesting what they have already bought, pursuing smaller, nonbank deals and rewarding shareholders.
January 18 -
The company will pay $62 million in cash for a bank with four branches and $337 million in assets.
January 18 -
The Los Angeles company said earnings fell 2% in the quarter as strong loan growth was offset by costs tied to its acquisition of CU Bancorp as well as a loss on the sale of a securities portfolio.
January 18 -
The Arkansas company's earnings fell 52% from a year earlier, reflecting a higher provision, a revaluation of its deferred tax asset and higher costs following a series of bank acquisitions.
January 18 -
Merger- and tax-related charges took a bite out of fourth-quarter profits at the Cleveland company, but its CEO emphasized that a recent deal and tax reform are promising for growth.
January 18 -
OnPlan serves the education and health care industries, and under Flywire its services will be available for the first time outside the U.S.
January 18 -
The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio.
January 17



















