M&A

Tennessee bank merger to create $1 billion-asset lender

07/10/20

Citizens Bancorp Investment has agreed to buy American Bancshares in a deal expected to close later this year.

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How First Horizon-Iberiabank bucked trend of canceled bank deals

07/09/20

Several big bank mergers fell apart after the coronavirus hit. But Bryan Jordan, First Horizon's CEO, said the pandemic validated plans to cut costs an invest more in digital upgrades.

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Triumph in Texas buys factoring portfolio

07/08/20

The company paid Covenant Logistics Group about $14 million for $103 million in accounts receivable.

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Dime-Bridge a conventional deal in unconventional times

07/05/20

The New York-area companies' $489 million agreement runs counter to recent merger pacts built around branch cuts and more tech spending.

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Indiana credit union agreed to buy Elberfeld State Bank

07/02/20

Heritage Trust Federal Credit Union will buy the bank's deposits and assume its liabilities.

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Dime, Bridge Bancorp combining in $489 million merger

07/01/20

The deal will create an $11 billion-asset banking company with operations in a number of markets around New York City.

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Park Financial in Minnesota to buy Mesaba Bancshares

07/01/20

Mesaba, which is also based in Minnesota, is the parent of American Bank of the North and Lake Bank.

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Coronavirus concerns prompt Louisiana bank to terminate acquisition

07/01/20

Investar Holding said it no longer plans to buy Cheaha Financial in Alabama.

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Three Texas banks planning to merge

06/30/20

Southwest Bancshares in San Antonio will have assets of $1.5 billion when it absorbs two affiliated banking companies in nearby cities.

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Coronavirus takes toll on bank M&A

06/29/20

Bank consolidation has been stagnant since the pandemic hit, and the outlook for the rest of the year is bleak.

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