M&A
M&A
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The company had been looking for a deal for a few years and finally found one in OmniAmerican, a former credit union that converted to a stock-owned company in 2010.
April 29 -
City Holding (CHCO) in Charleston, W.Va., said Tuesday that it its first-quarter earnings rose 73% from the same period last year, to $13.8 million, as the company accelerated workouts of problem loans it inherited in two acquisitions.
April 29 -
Hudson City Bancorp (HCBK) in Paramus, N.J., reported lower quarterly earnings as its planned sale to M&T Bank (MTB) still awaits regulatory approval.
April 29 -
HomeStreet (HMST) in Seattle has filed to sell up to $125 million in securities.
April 29 - Texas
Southside Bancshares (SBSI) in Tyler, Texas, has agreed to buy OmniAmerican Bancorp (OABC) in Fort Worth, Texas.
April 29 -
A breakdown of M&A announcements in the financial services industry for the week ended April 26.
April 28 -
First Landmark Bank and Midtown Bank & Trust have agreed to a merger of equals, the second deal involving Atlanta-area banks announced on Monday.
April 28 -
Commerce Union Bank in Springfield, Tenn., has agreed to buy Reliant Bank in Brentwood, Tenn.
April 28 - Idaho
Multiple bidders are the new normal in bankruptcy auctions of banks. Case in point is Banner Corp., which anticipates at least one competing offer for Idaho Banking in Boise. Some banks are increasingly letting an initial bidder bear the preparatory expense before swooping in with a higher price.
April 28 -
State Bank Financial (STBZ) in Atlanta has agreed to buy Atlanta Bancorp.
April 28 - Wisconsin
Many mutuals feel pressure to sell or switch charters. But there's another option.
April 28 -
Drexel Hamilton, a startup broker-dealer making inroads in capital markets, pairs Wall Street pros with disabled military veterans, training the latter for new careers. It's a nice story, but in the ultra-competitive market of small-bank advising, will it sell?
April 25 -
Solera National Bancorp (SLRK) is firing back against two investors seeking control of the Lakewood, Colo., company's board.
April 25 -
Korean-American banks have been challenged by an aging core customer base, which threatens growth. Hanmi Chief Executive C.G. Kum plans to respond with a national SBA program and plans to court other immigrant communities.
April 25 -
S corporation banks are concerned that the capital conservative buffer under Basel III and a potential prohibition from paying tax-distribution dividends to shareholder could cause more of them to slow growth plans or merge.
April 25 -
First Financial Holdings (SCBT) in Columbia, S.C., reported a big leap in first-quarter profits thanks largely to double-digit growth in its loan portfolio.
April 25 -
Idaho Banking is the latest bank set to change hands through the bankruptcy process.
April 25 -
Former Bank of America Chief Financial Officer Joe Price has agreed to a $7.5 million fine to settle charges he deceived shareholders to push through the company's acquisition of Merrill Lynch.
April 25 - Maryland
Howard Bancorp in Ellicott City, Md., has agreed to buy a branch from Rising Sun Bancorp in Rising Sun, Md.
April 25 -
Seacoast Banking Corp. of Florida (SBCF) in Stuart has agreed to buy The Bankshares in Winter Park, Fla.
April 24




