News Topic: Growth strategies

The company will pay $122 million for six branches and nearly $1 billion in assets. ... Read full article

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

Craig Howie, who joined the bank after a merger, will succeed the retiring Jon Evans on Jan. 1. ... Read full article

The company will enter three counties in its home state after it buys Roselle. ... Read full article

The company agreed to pay $41 million for Victory Community Bank. ... Read full article

The company also disposed of a large agricultural loan that was nonperforming. ... Read full article

The company will pay nearly $33 million for Tomah Bancshares to boost its operations in Wisconsin's Monroe County. ... Read full article

The move will allow MVB to devote more resources to Northern Virginia and its fintech business. ... Read full article

A new National Credit Union Administration proposal would raise the threshold for residential mortgages that require appraisals. However, the final rule is by no means a done deal. ... Read full article

Toronto-Dominion Bank would end up with a smaller stake in a larger brokerage if Schwab and TD Ameritrade combined. But it could parlay that stake into funds for a U.S. bank acquisition. ... Read full article

Ana Botin, the Spanish banking giant's chairman, is counting on Santander's new digital platform to help drive expansion in the U.S. and Latin America. ... Read full article

The deal is Seacoast's third acquisition of a bank with operations in Palm Beach County. ... Read full article

The regulators approved the deal after nine months of consideration, but the Fed hit SunTrust with a consent order tied to "unfair and deceptive" business practices from 2013 to 2017. ... Read full article

United Bankshares in West Virginia was willing to pay a healthy premium for Carolina Financial, one of a dwindling number of available banks with more than $4 billion in assets. ... Read full article

The company will pay $1.1 billion for Carolina Financial in Charleston, S.C., in a deal that will add nearly $5 billion in assets. ... Read full article

More banks in the state are considering acquisitions to cut costs and combat margin pressure. ... Read full article

The Louisiana company's willingness to combine with First Horizon without a big initial payday is fueling talk that other banks could be keen on selling at relatively inexpensive prices. ... Read full article

Dealmaking through early November is slightly ahead of last year's clip thanks to a recent flurry of merger announcements. However, excluding BB&T-SunTrust, values and multiples are shrinking. ... Read full article