Canadian Imperial Bank of Commerce increased its offer for PrivateBancorp Inc. by $3 a share in cash to offset the decline in the bidder's stock price.

The acquisition will make the Tennessee company one of the biggest banks in the Southeast, with assets of more than $40 billion.

Even as units of a larger holding company, local banks fight the perception that they can’t provide sophisticated services like corporate or private banking. Executives say that unifying the brand will help Synovus better compete against larger players.

Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere.

Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.

The regional bank has a deal to acquire Western Reserve Partners, which offers merger-advisory services to midsize companies.

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.

First Bancorp has emerged as one of the few consolidators in North Carolina at a time when many other banks in the state have opted to sell.

The value of CIBC's offer for PrivateBancorp in Chicago had dropped by $3 per share as of late last week due to the decline in CIBC’s stock price in recent weeks, one shareholder advisory firm said ahead of a shareholder vote next week. Another advisory firm endorses the deal.

The $34 million acquisition is expected to strengthen Central Valley's banking operations in northern California.

The B-to-B payments market is ripe for digital innovation. Here are some of the most recent moves to bring B-to-B payments up to speed.

The acquisition will provide South State with more than $3 billion in assets and a larger operation in North Carolina.

TowneBank's acquisition of Paragon Commercial Bank would give it access to several North Carolina markets.

The biggest bank M&A agreement of the year might not have happened if the buyer, Sterling Financial, had refused to prove to Astoria Financial that it had thoroughly vetted the deal with regulators.

The Westbury, N.Y., company is angling for an acquisition as it approaches the $50 billion-asset mark.

The Tulsa, Okla., company also benefited from higher interest and fee revenue while keeping expenses under control.

The New York company also reported a wider net interest margin and lower noninterest expenses.

Many banks curtailed leveraged lending following the financial crisis, and for good reason. But we may be on the verge of a leveraged-loan comeback.

The results handily beat estimates as the company benefited from CEO Ellen Alemany’s ongoing effort to shed businesses and simplify operations.

The Georgia company invested in HCSB Financial's recapitalization a year before agreeing to buy the coastal South Carolina bank. Doing so allowed United to stay to close to HCSB and its board, which helped when the time came to discuss a deal.