M&A
M&A
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AnchorBank in Madison, Wis., has agreed to sell its Richland Center retail branch to The Peoples Community Bank.
November 3 -
Puerto Rico's economy has been in disarray for eight years, and it's taken many banks down with it. OFG weathered the financial crisis and is considering how to capitalize on its status as the island's healthiest bank.
November 3 - New Jersey
Suffolk Bancorp in Riverhead, N.Y., has sold its wealth management business to a unit of Provident Financial Services in Jersey City, N.J.
November 3 - Michigan
Chemical Financial in Midland, Mich., has agreed to buy Monarch Community Bancorp in Coldwater, Mich.
November 3 -
MVB Financial and CFG Community Bank have terminated their purchase-and-assumption agreement, a year after announcing the deal.
October 31 -
Bank of Colorado in Fort Collins announced Friday that it is buying the $234 million-asset MontroseBank in Colorado's western slope.
October 31 -
The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.
October 31 -
Some banks' compensation expenses are soaring from the effects of technology upgrades, severance payments and the hunt for loan growth. But they insist that the investments will pay off in the form of higher revenue and improved efficiency.
October 31 -
Toronto-Dominion Bank, the Canadian lender that spent about $17 billion building a branch network from Maine to Florida, will rely on internal growth over acquisitions to expand in the U.S., incoming CEO Bharat Masrani said.
October 31 -
MB Financial in Chicago saw its earnings dip thanks mainly to costs associated with its acquisition of Taylor Capital Group.
October 31 -
First Financial Bancorp in Cincinnati saw its earnings rise slightly in the third quarter because of acquisitions and loan growth.
October 31 -
First United Bank in Durant, Okla., has agreed to acquire First American Bank in Purcell, Okla.
October 30 -
Fifth Third Bancorp in Cincinnati plans to remain in the business of providing mezzanine finance, even though a rival investment management company has hired four of its lenders.
October 30 -
Park Sterling in Charlotte, N.C. reported lower quarterly earnings as integration costs for a recent acquisition overshadowed solid loan growth.
October 30 - Florida
The Florida company's business plan relies heavily on consolidation, but management hasn't announced a deal in more than two years. CEO Gene Taylor recently told analysts that M&A remains a focus, but the company will no longer discuss the topic until it has something to announce.
October 30 -
Pacific Commerce Bank in Los Angeles has agreed to buy Vibra Bank in Chula Vista, Calif.
October 30 -
Expect more regional banks to pursue deals that put them over the $50 billion-asset threshold in an effort to reap the benefits of implicit government subsidies.
October 30 -
Valley National Bancorp in Wayne, N.J., reported higher earnings driven by loan growth, lower costs and improvements in credit quality.
October 30 - Pennsylvania
S&T Bancorp in Indiana, Pa., has agreed to buy Integrity Bancshares in Camp Hill, Pa.
October 30 - Pennsylvania
WesBanco in Wheeling, W.Va., has agreed to buy ESB Financial in Ellwood City, Pa.
October 29



