florida

Banks find a cheat code to catch up on digital: Merging

01/27/20

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.

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CenterState, South State plan $3.2B merger

01/27/20

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

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Food delivery apps to blame for stressed restaurant loans: BankUnited

01/24/20

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.

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Seacoast expanding in western Florida with Fourth Street acquisition

01/23/20

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

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Provident in Massachusetts buys warehouse lending business

01/22/20

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

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Beach Community buying First City in Florida through bankruptcy process

01/16/20

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

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First Republic adding half-dozen branches in Manhattan

01/14/20

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.

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Professional Holding in South Florida plans $75M initial public offering

01/07/20

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.

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Capital City in Florida to buy majority stake in mortgage lender

12/12/19

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

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Credit unions' bank buyout spree snags biggest fish yet

12/03/19

Apollo Bank's agreement to be sold to a credit union has bankers worried there will be larger such sales in 2020.

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