News Topic: florida

⁠John Corbett says building scale, lowering costs and strengthening technology offerings have become more critical for banks to stay competitive. ... Read full article

Chuck Shaffer will take the helm in January, becoming the first leader outside of the Hudson family since the bank's formation in 1926. ... Read full article

Organizers of Coastal Community Bank withdrew their application after the pandemic disrupted efforts to raise capital. ... Read full article

Organizers of Coastal Community Bank must raise $19.5 million before opening. ... Read full article

The Georgia company will expand into central and southern Florida by buying the parent of Seaside National Bank & Trust. ... Read full article

The outbreak and a free fall of oil and stock prices are rattling bankers at this year's ICBA gathering in Orlando, Fla. ... Read full article

The companies spent much of the past decade completing smaller deals that created complementary footprints in the Southeast. ... Read full article

Organizers of Gulf Atlantic Bank must raise $12 million in capital before opening. ... Read full article

Kenneth Lehman, a former banking attorney who acquires large stakes in small banks, will buy BankFlorida, which lost $555,000 through the first nine months of 2019. ... Read full article

CenterState and South State are the latest regionals to announce a deal driven heavily by the need to compete with larger banks that can afford to spend more on cutting-edge technologies. ... Read full article

The deal will create a bank with $34 billion in assets and operations stretching from Virginia to Florida. ... Read full article

As more consumers order in using such services as Uber Eats and Grubhub, restaurants are selling fewer desserts, drinks and other high-margin items, said CEO Rajinder Singh. ... Read full article

The company will pay $64 million to significantly increase its scale in the Tampa Bay area. ... Read full article

The company acquired ResX Warehouse Lending from People's United Financial. ... Read full article

Executives at Beach Community want to pursue more acquisitions in central Florida. ... Read full article

The San Francisco bank is also bulking up in Florida and Wyoming, no-tax states where many of its affluent clients have retired or have second homes. ... Read full article

The company, which has agreed to buy Marquis Bancorp, could use some of the proceeds to fund growth and pay off a line of credit. ... Read full article

The company will significantly boost its origination volume after buying 51% of BrandMortgage. ... Read full article