News Topic: M&A

The bank says it received an “outstanding” rating on its most recent Community Reinvestment Act examination. Its previous rating, a “needs to improve,” not only was bad publicity but restricted its ability to buy banks. ... Read full article

In some ways the Canadian bank's U.S. consumer business is only now shaking off many of its crisis-era problems here. CEO Darryl White is pinning his retail-comeback hopes on a rejuvenated sales culture and a focus on more profitable customers. ... Read full article

Banks that have flocked to the business because of higher yields and loan diversity stand to benefit if clients use tax savings to upgrade equipment. ... Read full article

The company, which agreed to pay $58 million for Foundation's parent, will gain five branches in Cincinnati. ... Read full article

The payments company will pay $321 million for Crestmark Bank, a commercial lender that focuses on asset-based lending, equipment finance and government-guaranteed loans. ... Read full article

United will pay $130 million for NLFC Holdings, the parent company of Navitas Credit. ... Read full article

Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy. ... Read full article

The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees. ... Read full article

After a year of trying to appease U.S. regulators, Ant Financial and MoneyGram have terminated their merger agreement, challenging the Chinese company's strategy for global expansion. ... Read full article

Acquirers announced deals in California, Missouri and Pennsylvania on the last business day of 2017, raising the year's final tally to 245 transactions. ... Read full article

State and federal regulators finally approved the Mississippi bank’s acquisitions of Ouachita Bancshares and Central Community after anti-laundering and CRA matters were resolved. BancorpSouth’s CEO says he may pursue more deals. ... Read full article

The energy crisis, hurricane damage and merger costs have hampered earnings per share at the Louisiana bank, and its CEO has to clear those hurdles and convince investors steady growth is ahead. ... Read full article

The company will gain four Chicago-area branches as part of the $41 million all-cash acquisition for the parent of ABC Bank. ... Read full article

Bank M&A started off with a bang this year, with eight of the 10 biggest deals taking place in the first six months. North Carolina and Florida accounted for six deals on the list. ... Read full article

We never promised the news would be good for all these community bankers, and it wasn’t. One couldn’t stop a failure, and another quit soon after an acquisition. The rest have their banks at different points on the comeback trail. ... Read full article

The acquisition will give LCNB its first branch and deposits in the Columbus, Ohio, market. ... Read full article

Wealth management firm Boston Private has agreed to sell Anchor Capital Advisors to Anchor’s management team. ... Read full article

Heritage Commerce will pay $32 million for Tri-Valley in a deal that should be accretive to tangible book value and earnings. ... Read full article