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


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.


CenterState, South State plan $3.2B merger


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


Food delivery apps to blame for stressed restaurant loans: BankUnited


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.


Seacoast expanding in western Florida with Fourth Street acquisition


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


Provident in Massachusetts buys warehouse lending business


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


Beach Community buying First City in Florida through bankruptcy process


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


First Republic adding half-dozen branches in Manhattan


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.


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


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.


Capital City in Florida to buy majority stake in mortgage lender


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


Credit unions' bank buyout spree snags biggest fish yet


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