Valley National's latest acquisition would make it a much bigger player in Florida and provide a platform to write more auto loans. Both markets present attractive returns but high risks. ... Read full article
The Texas company would add seven branches and more than $300 million of assets by acquiring Valley Bancorp. ... Read full article
Atlantic Bay Mortgage Group has agreed to buy a majority stake in Virginia Community Bank in a rare instance of a nondepository mortgage company buying a bank, rather than the reverse. ... Read full article
While overall activity remains slow, sellers — particularly those flush with core deposits — are fetching premiums not seen in years. ... Read full article
Seven banks have agreed to be sold to credit unions in the last 18 months. Expect more deals as both industries face internal and external pressure. ... Read full article
Post-crisis financial rules have made the business of project lending less profitable for commercial banks. Foreign competitors have stepped in to fill the void, but U.S. banks can carve out a niche as bond offering managers and financial advisers. ... Read full article
Union agreed to pay $701 million for Xenith in a deal that is expected to close early next year. ... Read full article
Brent Beardall, who recently took the helm at Washington Federal, discusses having excess capital, myriad potential fintech partners and why he would tweak — not repeal — Dodd-Frank. ... Read full article
Merger-related expenses cut into the Pittsburgh company's earnings, though management is excited about growth opportunities in North Carolina. ... Read full article
