CenterState Banks in Davenport, Fla., has agreed to buy a branch from the parent of SouthBank in Palm Beach Gardens, Fla.

M&T Bank in Buffalo, N.Y., reported an increase in its first-quarter profit on the strength of higher mortgage banking revenue, but its results fell well short of analysts’ estimates as loan growth failed to meet expectations.

HSBC Holdings Plc will consider whether to move its headquarters from London once the regulatory environment becomes clearer, Chairman Douglas Flint said.

OFG Bancorp in San Juan, Puerto Rico, said it will record a $24 million provision tied to a loan participation it placed on nonaccrual status.

Coastal Financial and Prime Pacific Financial Services, each based in Snohomish County, Wash., have agreed to merge.

The California company is dealing with a pool of stressed energy loans it inherited from last year's purchase of CapitalSource. The pain shouldn't make the deal less appealing, but it is likely taking up more time than management may have expected.

Associated Banc-Corp in Green Bay, Wis., reported a 3.4% increase in profits in the first quarter as fee-income and loan growth helped offset lower margins and higher expenses.

It took Hudson City Bancorp in Paramus, N.J., less than two weeks to decide that it is still committed to selling itself to M&T Bank in Buffalo.

Home Bancshares in Conway, Ark., has bids out to buy three banks that, if successful, would add $2 billion in assets.

Hampton Roads Bankshares in Virginia Beach, Va., plans to merge its banks and change its name to Shore Financial.

Citigroup faced many of the same earnings headwinds as other large banks — lower revenue and lending — but still surprised observers with a strong first quarter Thursday. Its North American consumer business was a big reason why.

Webster Financial in Waterbury, Conn., reported lower first-quarter profit as costs from adding personnel and an acquisition weighed on results.

Strategic acquisitions in payments and investment banking helped the Cleveland company absorb compressed margins and lackluster results elsewhere. Management also vowed to keep cutting costs, including ongoing efforts to pare back its branch network.

Wintrust Financial in Rosemont, Ill., reported first-quarter earnings of $39.1 million, up 13% from a year earlier, as loans increased and mortgage revenue rose.

Home BancShares in Conway, Ark., reported higher first-quarter profit and assets after it acquired branches and loans from the failed Doral Bank in Puerto Rico.

PacWest Bancorp reported higher quarterly profit, as loan growth and lower expenses offset credit issues in the Los Angeles company's energy portfolio.

BBVA has acquired San Francisco user-experience firm Spring Studio, in a bid to improve the look and feel of its digital banking services.

First Dakota National Bank in Yankton, S.D., has agreed to buy a branch from HF Financial in Sioux Falls, S.D.

Heartland Financial in Dubuque, Iowa, has agreed to buy Community Bancorp. of New Mexico in Santa Fe.

Some industry observers argue that bank consolidation is driven by economies of scale rather than by the regulatory burdens imposed under Dodd-Frank. But the two factors actually go hand in hand.