News Topic: M&A

The company will pay $62 million in cash for a bank with four branches and $337 million in assets. ... Read full article

It was thought tax cuts could fuel a rise in bank deals, but regionals seem to be leaning toward digesting what they have already bought, pursuing smaller, nonbank deals and rewarding shareholders. ... Read full article

The Los Angeles company said earnings fell 2% in the quarter as strong loan growth was offset by costs tied to its acquisition of CU Bancorp as well as a loss on the sale of a securities portfolio. ... Read full article

Merger- and tax-related charges took a bite out of fourth-quarter profits at the Cleveland company, but its CEO emphasized that a recent deal and tax reform are promising for growth. ... Read full article

The Arkansas company's earnings fell 52% from a year earlier, reflecting a higher provision, a revaluation of its deferred tax asset and higher costs following a series of bank acquisitions. ... Read full article

The Mississippi company reported strong loan growth, even as it reduced exposure to energy-related borrowers. Higher revenue also helped Hancock lower its efficiency ratio. ... Read full article

Liberty will add a branch in Kansas City, Mo., along with three locations in nearby communities. ... Read full article

Kevin Lycklama is set to succeed Patrick Sheaffer, who has led the company since 1976. ... Read full article

Blue Lion Capital, which had a recent request for a board seat rejected, plans to nominate multiple people to run for the board at HomeStreet's next annual meeting. ... Read full article

Ameris, which was operating under a regulatory order when it agreed to buy Atlantic Coast, agreed to pay more money if it failed to complete the acquisition by mid-2018. ... Read full article

The move comes at a time when banks are becoming more aggressive in acquiring or investing in financial technology companies. ... Read full article

The company is gaining heft in Michigan's Upper Peninsula with its $34 million purchase of First Federal of Northern Michigan. ... Read full article

The company, which bought BNC Bancorp to enter North Carolina last year, recorded $19.1 million in merger-related expenses and an $8.3 million pretax loss tied to investment securities. ... Read full article

In a move rare for the industry, the bank bought a team of data scientists to bolster its artificial intelligence efforts in areas including product recommendations and fraud prevention. ... Read full article

The company agreed to buy First Priority Financial for $82 million in stock. ... Read full article

The activist investor, which has pressured the company in the past to find a buyer, fell short in an attempt last year to gain representation. ... Read full article

The Iowa company was sidelined by a Fed order for 2,155 days. Finally free, Ambank is open to making an acquisition and offering its mortgage origination services to other institutions. ... Read full article

Blue Lion Capital has complained about the company's reliance on mortgages and bank acquisitions. ... Read full article