M&A

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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Coronavirus isn’t slowing Truist integration … so far

04/20/20

Executives say they can still meet their goal of $480 million in cost savings this year from the combination of BB&T and SunTrust despite unexpected expenses, unless the economy fails to rebound quickly.

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Another bank merger is delayed because of coronavirus outbreak

04/08/20

Pinnacle Bankshares and Virginia Bank Bankshares said the move will let each bank focus more on responding to the COVID-19 pandemic.

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SoFi to buy payments firm Galileo for $1.2 billion

04/07/20

The acquisition would give SoFi control of a technology platform that is currently used by some of its competitors in digital banking.

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NCUA extends comment period for credit union-bank purchase proposal

03/30/20

The regulator formally announced the 60-day delay on Monday after tweeting about it over the weekend.

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North Carolina investment group buying Tennessee bank

03/30/20

The acquirer had pursued a de novo strategy in its home state but was unable to raise enough capital.

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Banks improvise annual meeting plans as pandemic worsens

03/24/20

The COVID-19 crisis is forcing many banks to hold their spring shareholder meetings online only.

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New York banks delay merger closing due to coronavirus outbreak

03/23/20

Flushing Financial, which had planned to complete its purchase of Empire Bancorp in early April, has moved its target date back by about two months.

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