M&A
M&A
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Univest Corp. of Pennsylvania in Souderton has issued $50 million in subordinated debt.
March 31 - Illinois
The $20 billion-asset Wintrust will pay $17 million in cash for the $108 million-asset North Bank, which serves Chicago's River North and Streeterville neighborhoods.
March 30 -
Banc of California in Irvine has begun two securities offerings, one of which aims to raise $175 million.
March 30 -
A breakdown of M&A announcements in the financial services industry for the week ended March 28.
March 30 -
Pricing in Florida might be ticking higher as the state's economy booms, but some banks are still feeling the effects of the last downturn. Those banks are perhaps perfect candidates for acquirers looking to tap into the recovery.
March 30 -
Santander Innoventures Fund says it has earmarked $5 million to Israel-based mobile payment and loyalty provider MyCheck as its first investment.
March 30 - Mississippi
Community Trust Bank in Ruston, La., has bought four branches in Houston from Hancock Holding in Gulfport, Miss.
March 30 - Maine
Camden National in Camden, Maine, has agreed to buy SBM Financial in Portland, Maine.
March 30 -
Our roundup of the most active dealmakers on whole bank and branch sales for each region during 2014.
March 29 -
Village Bank and Trust Financial in Midlothian, Va., has raised nearly $9 million by selling shares to existing investors.
March 27 -
United Community Banks took hefty hits during the financial crisis due to its focus on real estate lending. Today, the Georgia company is diversifying by building teams dedicated to SBA lending and making other specialty loans.
March 27 -
Two investors in Central Pacific Financial are planning to sell 7.6 million shares in the Honolulu company
March 27 - Montana
First Interstate BancSystem in Billings, Mont., has agreed to buy Absarokee Bancorp. in Absarokee, Mont.
March 26 -
The Securities and Exchange Commission just gave unregistered banks a way to quickly raise capital at a fortuitous time and marketplace lending platforms a way to reclaim their peer-to-peer roots.
March 26 -
Toronto-Dominion Bank would consider small retail bank takeovers in the U.S. Southeast to expand its branch network on the Eastern Seaboard, Chief Executive Officer Bharat Masrani said.
March 26 -
Farm banks have enjoyed several years of robust loan volume, but declining farm income has them on guard for increases in delinquencies and more eager to use government-guarantee programs.
March 26 -
Seacoast Banking Corp. of Florida in Stuart has agreed to buy Grand Bankshares in West Palm Beach, Fla.
March 26 -
Lending analytics firm Orchard Platform has cut a deal with alternative small-business lender Kabbage to allow institutions to invest in the latter's relatively new line of consumer loans.
March 26 -
Atlantic Capital Bancshares in Atlanta has agreed to buy First Security Group in Chattanooga, Tenn.
March 25 -
Not too big, not too small is the place to be, says Thomas Michaud, CEO of KBW. Banks with $5 billion to $50 billion in assets are well-positioned, while smaller banks are looking at ways to join the group.
March 25





