News Topic: Consolidations

CB Financial Services said its current CEO, Barron McCune Jr., was retiring and would be replaced by its president. ... Read full article

Cost-cutting will be important, but for its acquisition of CoBiz to be a winner, BOK Financial will have to prove it can boost fee income as it has with smaller acquisitions. ... Read full article

Blue Lion Capital, which has been a vocal critic of the Seattle company's strategy, also wants management to consider selling its MSR portfolio. ... Read full article

First Midwest Bancorp has agreed to buy Northern States Financial in Waukegan, Ill., for $91 million. ... Read full article

Ameris Bancorp said that Edwin Hortman will step down as president and CEO in July but will continue as chairman. ... Read full article

A lack of talent, capital and good business planning proved fatal for bank organizers in California and Georgia. ... Read full article

Blue Gate Bank, which opened in January 2017, is being sold to Big Poppy Holdings. ... Read full article

The Pennsylvania company agreed to pay $17 million for Community First. It is Emclaire's third bank acquisition deal since early 2016. ... Read full article

The high multiple Fifth Third is paying for MB Financial raises questions about whether it can cut enough costs, realize enough growth and win over skeptical investors. ... Read full article

Capitol Federal Financial has mostly relied on mortgages throughout its history. Its acquisition of a commercial lender will change that. ... Read full article

The California company ended up selling 1 million more shares than it had originally planned to offer. ... Read full article

Subordinated debt issuance, which took a back seat as bank stocks surged, could regain popularity as growth-minded banks become leery of market volatility. ... Read full article

Christopher Bergstrom led Cardinal Financial when it sold itself to United Bankshares in 2017. ... Read full article

It might make sense to scrap a decades-old name, especially for banks with aggressive growth plans. ... Read full article

Dan Rollins engineered nearly a dozen deals while at Prosperity Bank. Now CEO at BancorpSouth, he has returned to M&A after spending four frustrating years dealing with compliance issues. ... Read full article

Putting aside the spin of both credit unions and banks, we offer some informed predictions about how the financial industry would be reconfigured if the century-old tax break were to disappear. ... Read full article

Buyers are scooping up many of the market's biggest banks, making it harder for others to gain scale. ... Read full article

The Louisiana company has vowed to meaningfully improve investor returns and efficiency over the next two years. ... Read full article