News Topic: Growth strategies

The company has agreed to pay $89 million for Premier Commercial Bancorp. The acquisition would significantly increase its branch presence and lending in the Portland area. ... Read full article

Great Western is looking to hire a president to give CEO Ken Karels more time to focus on leadership and growth initiatives. ... Read full article

Parkway Acquisition in Virginia has agreed to buy Great State Bank for nearly $15 million. ... Read full article

The nonprofit is turning to banks and social impact investors to support a newly created fund designed to significantly increase the size of its loan portfolio over five years. ... Read full article

The bank will spend an additional $1.4 billion on technology in 2018 to gain share and boost efficiency, executives said Tuesday. But they were peppered with questions about whether the big investment will yield a big financial return down the road. ... Read full article

The company will also surpass $10 billion in assets when it buys Community Bank. ... Read full article

Carson Lappetito has a long history of working with firms tied to Eric Hovde, chairman and CEO of Sunwest's holding company. ... Read full article

The Boston mutual, which lost its innovation team when it spun off Numerated last year, has hired a State Street executive to oversee a plan to encourage all employees to be more creative. ... Read full article

Bank consolidation in the city has picked up in recent months despite erratic oil prices and flooding tied to Hurricane Harvey. ... Read full article

Stuart Gulliver’s final set of results at HSBC Holdings Plc weren’t quite the swansong he’d hoped for as he hands the reins over to his long-term lieutenant, John Flint. ... Read full article

Triumph Bancorp has developed technology to help freight brokers make faster payments to truckers, charging a fee for the service. ... Read full article

Associated Banc-Corp has agreed to buy an insurance broker in Milwaukee after unveiling agreements to buy a community bank last summer and a Chicagoland wealth management firm in the fall. ... Read full article

The company agreed to buy Bank of River Oaks for $85 million in cash. ... Read full article

People's Bank of Commerce in southern Oregon decided it had to diversify to survive, so when a director heard a factoring firm he co-founded was up for sale, the bank seized the moment. Now it has other deals in mind. ... Read full article

The California company has agreed to buy Grandpoint Capital, a business bank in Los Angeles, for $641 million. ... Read full article

Darryl White sees an opportunity for Bank of Montreal to take more market share in the United States, and he’s betting on investments in mortgage lending, commercial banking and capital markets to get there. ... Read full article

Patriot National in Connecticut would become the latest community bank to ramp up small-business lending with its $81 million deal to acquire Hana Financial's much larger SBA lending unit. ... Read full article

The company, which is planning to sell at least $25 million in stock, said in a presentation tied to the offering that it is well positioned for M&A. ... Read full article