News Topic: Growth strategies

The Illinois company will sell Bates Cos. to an undisclosed buyer less than two years after buying the wealth management firm. ... Read full article

The Wisconsin regional said the funds will support loan growth, create an added capital buffer and support its dividend policy. ... Read full article

Locally sourced campaigns are providing more capital as traditional loans fall short of covering operating expenses. ... Read full article

Citizens, Regions and others say business investments initiated before the COVID-19 pandemic, including technology improvements and new consumer offerings, are on track. ... Read full article

The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend. ... Read full article

The surge in online and mobile use is a high-profile test for the industry — and could foreshadow a permanent consumer shift. ... Read full article

Lenders are concerned that the coronavirus outbreak will increase vacancies and add to credit risk. ... Read full article

From scams to watch out for to the role banks play in an SBA virus loan program, news about the pandemic's impact was everywhere. Also: As State Farm bows out, U.S. Bank seizes an expansion opportunity; CFPB sues Fifth Third for allegedly opening ... Read full article

The company will enter an affluent New Jersey county and a key New York market with the $209 million deal. ... Read full article

The North Carolina company will hold onto the loans following the Fed's decision to slash interest rates. ... 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

State Farm struggled to make its bet on banking pay off and decided like other insurers to exit the business. U.S. Bancorp swooped in to add deposits and credit card accounts at little cost or risk. ... Read full article

The company will pay $25 million in cash for Carroll Bancorp in a deal between Baltimore-area banks. ... Read full article

The South Florida company said Alberto Peraza, who played a key role in its 2018 initial public offering, is leaving for personal reasons. ... Read full article

Richard Herrington's buyout pitch to smaller banks is to offer them a way to survive and keep their local brands. ... Read full article

The company agreed to buy Advantage Community Bancshares weeks after announcing a deal for Commerce Financial. ... Read full article

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