M&A
M&A
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HCBF will merge BSA Financial's $168 million-asset Bank of St. Augustine into Harbor Community Bank when the deal closes, the companies said Friday.
April 26 -
Hancock Holding in Gulfport, Miss., has raised the ire of analysts and investors in an unusual way — by unveiling a plan to cut costs over the next two years.
April 26 -
Iberiabank (IBKC) in Lafayette, La., eked out a profit in the first quarter despite a series of large charges. The $12.9 billion-asset company earned $697,000, compared with $19.4 million a year earlier.
April 26 -
Rising revenue propelled first-quarter results at Sterling Bancorp (STL) in New York. Earnings at the $2.8 billion-asset company rose 13% from a year earlier, to $5.3 million, or 17 cents a share.
April 26 -
Canadian Imperial Bank of Commerce's last two U.S. wealth-management acquisitions offer a "good range" of the size of the lender's appetite for future deals, CEO Gerald McCaughey said.
April 25 -
Triumph Bancorp in Dallas was on the hunt for a cheaper and more stable deposit base and found it in National Bancshares, an Iowa company that needed common equity.
April 25 -
CLSA analyst Mike Mayo has long been one of the loudest and most prominent critics of big banks, including Citigroup. But Wednesday he had some competition from the nonprofessionals.
April 25 -
Park Sterling in Charlotte, N.C., said it is on the hunt for bank acquisitions as it reported a record quarterly profit.
April 25 -
BBCN Bancorp in Los Angeles has hired a former chief executive of Hanmi Financial and Wilshire Bancorp to lead its bank.
April 25 -
Debt levels for Canadians rose slightly in the first quarter ended March 31 but the rate of 90-day delinquencies dropped by 13.4% from a year ago to a record low 1.2%, according to a report from Equifax Canada.
April 25 -
Shareholders resoundingly approved Citigroup's executive compensation package and other proposals at the bank's annual meeting on Wednesday, but CEO Michael Corbat sees more challenges ahead.
April 24 -
High-profile investor Jay Sidhu says he still plans to vote against the sale of Atlantic Coast in Jacksonville even though Bond Street has agreed to pay shareholders $5 a share up front, instead of withholding $2 a share for a year to cover litigation costs.
April 24 -
BankUnited (BKU) in Miami Lakes, Fla., reported solid growth in interest income as it began its expansion into the New York City market.
April 24 - PSO content
Fitzgerald Debt Acquisitions LLC is expanding its business plan by opening a business designed to help private investment funds interested in taking part in debt sales and collections.
April 24 -
Wage costs offshore are on the rise. Local talent is available in abundance and the growing popularity of digital channels has created ample cost-reduction opportunities at home.
April 24 - PSO content
A proposal to boost Louisiana's debt collections with an Office of Debt Recovery moved to the House floor on Tuesday. The office would pursue delinquencies more than 60 days overdue.
April 24 -
Prosperity Bancshares in Houston posted higher earnings in the first quarter following a flood of deals.
April 24 -
Triumph Bancorp in Dallas has agreed to National Bancshares in Bettendorf, Iowa.
April 24 -
Christopher Ewing has been named the bank's chief risk officer and will remain chief operations officer, Virginia Commerce said Tuesday.
April 23 -
Zions executives may have wished they never bought a failed bank after a painful conversation with analysts to explain a special charge related to old FDIC deals.
April 23



