M&A
M&A
-
It’s only early December, but bank CEOs’ comments this week about tax reform, their thirst for deposits, consumer lending initiatives, and challenges in commercial lending offer a sneak peek at what’s coming when earnings season begins next month.
December 7 -
Fifth Third last bought a bank in 2008, but CEO Greg Carmichael says "strategic bank M&A absolutely makes sense," and the Cincinnati bank is poised to clear up a blot on its regulatory record that blocked dealmaking.
December 7 -
Airlink's knowledge of the local market and relationships with banks, acquirers and large merchants in region will help the Paris-based Ingenico grow in Taiwan and strengthen its position in Northeast Asia.
December 7 -
The resulting entity will serve approximately 24,000 members with $225 millionin assets.
December 7 -
The $32 million purchase of Sunshine Financial will provide First Bancshares with its first branches in Tallahassee, Fla.
December 6 -
After two century-old community institutions merged in 2010, they never suspected it would take seven years before their operating systems got along.
December 6 -
SunTrust sold an insurance financing unit that it deemed noncore, but it is on the lookout to buy more complementary businesses such as a CRE lender it acquired last year.
December 6 -
The Tennessee company also set high expectations for revenue opportunities while projecting it will deliver a 15% return on equity in 2019.
December 5 -
The two tiny credit unions merged with the $313 million Pelican State on Nov. 1 and Dec. 1 of this year.
December 5 -
The combination of the two Orange County-based credit unions will create a $1.4 billion-asset institution.
December 5 -
The company agreed to buy TCSB Bancorp, the parent of Traverse City State Bank, for $63 million.
December 5 -
Guaranty Federal Bancshares in Springfield, Mo., has agreed to buy Hometown Bancshares in Carthage.
December 1 -
The $528 million acquisition ends months of speculation that the foreign-owned banks were pursuing a deal.
December 1 -
Five years have passed since M&T agreed to buy Hudson City, only to be tripped up by anti-money-laundering issues. With a clean bill of health from regulators and Hudson integrated, management is again talking about its interest in deals.
December 1 -
For her entrepreneurial spirit and for bringing hometown banking back to Baltimore, Mary Ann Scully has been named a 2017 Banker of the Year award winner.
November 30 -
The bank has taken a decisive step to protect its asset quality, but the move also raises questions about what will drive loan growth in the future — and whether the company is on the block.
November 29 -
The transaction is still subject to regulatory and shareholder approval, but is expected to be completed during the second quarter of 2018.
November 29 -
The service will require more coordination between the bank and its parent company, BNP Paribas.
November 28 -
Integrity is set to become the third Houston-area bank acquired by Independent in recent years.
November 28 -
FCB will pay $88 million in cash and stock for Floridian in a deal that will boost its operations near Miami.
November 28

















