M&A

State regulators question timing, legality of OCC licensing proposal

05/05/20

The Conference of State Bank Supervisors says parts of the plan are an overreach, while the agency should think twice about developing the proposal during the coronavirus pandemic.

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QCR records impairment charge tied to planned advisory group sale

05/04/20

The Illinois company will sell Bates Cos. to an undisclosed buyer less than two years after buying the wealth management firm.

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Associated to sell insurance business for $265 million

05/04/20

The Wisconsin regional said the funds will support loan growth, create an added capital buffer and support its dividend policy.

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Virus delays First BanCorp’s acquisition of Santander’s Puerto Rico unit

05/01/20

The deal was expected to close this summer, but First BanCorp said a regulatory review is hitting snags.

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Oklahoma credit union to buy community bank

04/30/20

Tinker Federal Credit Union's deal for Prime Bank in Edmond, Okla., is set to close later this year.

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California banks lower merger price to reflect coronavirus' impact on economy

04/30/20

Bank of Southern California's all-cash offer for CalWest was reduced by nearly 20% after the buyer's shareholders declined to approve the deal.

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First Defiance rebrand to reflect recently closed merger

04/22/20

The Ohio company, which bought United Community Financial in February, will start operating as Premier Bank later this summer.

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First Horizon-Truist branch deal delayed due to coronavirus outbreak

04/21/20

First Horizon still plans to complete its merger with Iberiabank on time, CEO Bryan Jordan said during the Tennessee company's earnings call.

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Triumph Bancorp in Texas to sell premium finance unit

04/20/20

The Dallas company also reported a first-quarter loss after the coronavirus outbreak caused "significant deterioration" in its economic outlook.

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West Virginia bank buys fraud prevention firm

04/20/20

MVB Financial plans to use Paladin Group to advise its bank and a number of its fintech clients.

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