Growth strategies

Sterling in Michigan selects next CEO

10/18/19

Tom Lopp will succeed Gary Judd at the end of November.

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BB&T-SunTrust merger closing could slip into 2020

10/17/19

The companies say they're working hard to complete their deal this year — including spending millions on retention payments and other items — but there's no guarantee how quickly regulators will make their decisions.

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PNC’s expansion yields dividends ahead of schedule, executives say

10/16/19

The Pittsburgh company’s “branch lite” approach to retail and middle-market banking in new markets will break even sooner than expected and has had a noticeable impact on loans and deposits.

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Docking Bancshares in Kansas to buy Midland Financial

10/16/19

The deal will create a nearly $500 million-asset bank.

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Brodhead Bancshares in Wisconsin buys neighboring bank

10/15/19

The acquisition of Farmers & Merchants Bank created a bank with more than $200 million in assets.

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JPMorgan finds a way out of economic maze. Can others?

10/15/19

Its quarterly results show lower rates and emerging credit risks can be overcome. Whether most banks have all the same levers to pull is another matter.

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BofA's 'productive paranoia,' GSEs' next moves, debt collecters' letdown: Top stories of the week

10/11/19

BofA’s do-no-harm approach to AI; looking at what comes next for Fannie and Freddie now that they get to keep their earnings; ruling cuts short debt collectors’ victory lap over CFPB proposal; and more from this week’s most-read stories.

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What's driving the slowdown in SBA lending

10/10/19

Despite a strong economy, volume in the agency's flagship loan program has declined for two straight years. Here's why.

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MetroCity in Georgia raises $26M through IPO

10/10/19

MetroCity Bankshares has said it could use the proceeds to open branches or pursue acquisitions.

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What’s fueling Citizens’ westward expansion

10/09/19

The Providence, R.I., bank recently installed a new regional head in California to oversee a commercial banking expansion into five western states. The bank says it’s trying to craft a successful growth strategy while reassuring investors it isn’t overreaching.

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