News Topic: Capital

The company agreed to pay $169 million for First Evanston Bancorp in Illinois. ... Read full article

New York Venture Bank would be run be a former Square 1 executive and would feature former CFPB deputy director Raj Date on its board. ... Read full article

Blue Lion Capital believes a heavy focus on mortgages and acquisitions is hurting HomeStreet's financial performance. ... Read full article

Clearinghouse CDFI will use funds from the $2 million investment to support affordable-housing and economic-development projects in communities and Native American reservations in California, Nevada and Arizona. ... Read full article

Jefferson Financial in Louisiana struck a deal to bring in $12 million in secondary capital, which is believed to be the biggest haul to date for a credit union. It could also embolden other credit unions to pursue similar fundraising efforts. ... Read full article

The company, which counts veteran banker Jay Sidhu among its investors, is selling to Ameris for $145 million in cash and stock. ... Read full article

The company has agreed to pay $49 million for First West Virginia Bancorp, the parent of Progressive Bank. ... Read full article

The company, which had launched an at-the-market offering in late May, plans to use the proceeds for organic growth. ... Read full article

The acquisition is expected to boost WesBanco’s presence in Huntington, W.Va., and provide a bridge to its existing operations in Charleston, W.Va., and southeastern Ohio. ... Read full article

The company will pay $53 million in cash and stock for Signature Bank. ... Read full article

The company has reapplied to buy Civic Bank more than a year after a regulatory snag forced it to put the deal on ice. ... Read full article

Most of Sterling Bancorp's operations are in San Francisco and Los Angeles. The company plans to use some of the $93 million it will raise to expand in New York and Seattle. ... Read full article

Endeavor Bank in San Diego aims to be the third new bank to open this year. There is hope that as many as eight new institutions could open in 2018. ... Read full article

The company has agreed to buy CBBC Bancorp. It also raised $63 million to pay for the deal and fund future growth. ... Read full article

Capital Corps, led by Steven Sugarman, aims to provide financing to homeowners and small businesses that it believes are overlooked by banks. The firm features several former Banc of California executives. ... Read full article

The Federal Housing Finance Agency must set fees equal to the cost of capital that private banks hold against similar risk, not just the amount of capital that Fannie and Freddie think are right for themselves. ... Read full article

Kearny agreed to pay $408 million for Clifton Bancorp in a deal that will add 12 branches in northern New Jersey. ... Read full article

The company plans to use some of the offering's $48 million in proceeds to redeem preferred stock. ... Read full article