Why bank M&A has been so quiet in the Northeast
Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis. ... Read full article
Once a hotbed of activity, the region has reported the fewest bank mergers since the financial crisis. ... Read full article
Spirit of Texas Bancshares has agreed to buy Comanche National. This would be Spirit's first acquisition since going public earlier this year. ... Read full article
While the regulatory environment is more accommodating for big deals, many regionals still have their reasons for staying on the sidelines. ... Read full article
Brentwood Bank’s purchase of Union Building and Loan would give it a larger presence around the Steel City. ... Read full article
PeoplesBancorp in Holyoke, Mass., has agreed to buy First Suffield Financial in Connecticut for $60 million. ... Read full article
The Los Angeles company's second-quarter profit also benefited from last fall's purchase of CU Bancorp. ... Read full article
Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere. ... Read full article
Jeff Deuel will take over as CEO of Heritage Bank in Olympia, Wash., for Brian Vance, who will remain as the head of the holding company until next year. ... Read full article
Coastal Financial in Everett, Wash., said that it could be active in M&A with capital from its IPO and that it has already identified several possible targets. ... Read full article
While sellers in urban centers are getting a lot of attention from acquirers, Southern Bancorp in Arkansas shows the upside of pursuing smaller deals in underserved rural markets. ... Read full article
While there are many reasons consolidation has slowed in the Keystone State over recent years, there are factors in play that could lead to a resurgence in activity. ... Read full article
First-Citizens Bank & Trust in Raleigh, N.C., has agreed to buy Capital Commerce in Milkwaukee. ... Read full article
FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal. ... Read full article
SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012. ... Read full article
Management at the recently formed InBankshares hopes to expand in Denver by capitalizing on disruption from consolidation in the market. ... Read full article
Forcht Bancorp in Corbin, Ky., has agreed to buy Watch Hill Bank for roughly $27 million in cash. ... Read full article
Joe Reilly, who co-founded then ran Centrix Bank, was appointed to the boards of Provident Bank in Amesbury, Mass., and its holding company. ... Read full article
Thomas Fraser will step down as president and CEO of First Federal Lakewood and instead focus on overseeing the mutual's holding company. ... Read full article
M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come? ... Read full article
William Wagner, chairman and CEO of Northwest Bancshares, will retire as the company prepares to cross $10 billion of assets. ... Read full article