10 who had a good year in 2017
This year has been very good to regional banks, bitcoin investors and several bank CEOs who pulled off big deals or successfully refined business models. ... Read full article
This year has been very good to regional banks, bitcoin investors and several bank CEOs who pulled off big deals or successfully refined business models. ... Read full article
The company agreed to buy PBB Bancorp in Los Angeles just five weeks after completing its last bank acquisition. ... Read full article
Amalgamated in New York wants to enter several left-leaning cities across the country, but it might be tough to find more like-minded banks to buy. ... Read full article
The Fed approved an application giving Natcom Bancshares indirect control over Republic Bank, refusing to take into account claims the transaction imperils the target's S corporation status. ... Read full article
Bankers remember Bob Wilmers not only for spearheading the growth of M&T, but also embracing his role as the industry's voice in turbulent times. ... Read full article
Washington Federal in Chicago, which had a clean balance sheet and plenty of capital on Sept. 30, was shuttered shortly after the death of its CEO and regulators' discovery of "substantial dissipation of assets." ... Read full article
The market for initial public offerings was the best since 2014, reflecting a surge in bank stocks and a need to fuel expansion plans. ... Read full article
The planned purchase of Home BanCorp will nearly double the size of First Citizens' branch network in the Sunshine State. ... Read full article
The purchase will significantly increase Hancock's assets under management and administration. ... Read full article
Southeastern Trust is being sold to a group led by the unit's management team. ... Read full article
The company has agreed to buy Kansas Bank Corp. and Adams Dairy Bancshares in separate transactions. ... Read full article
Robert Wilmers joined M&T in 1983 when it had just $2 billion of assets and built into a regional powerhouse with $120 billion of assets and operations in a dozen states. ... Read full article
For the first time in nearly nine years, an acquirer of a failed bank agreed to purchase only the institution’s insured deposits, making it likely that some customers will not recoup all of their uninsured funds. ... Read full article
The number of deals, overall dollar volume and premiums are on pace to top those from a year earlier, giving hope that even more consolidation will take place in 2018. ... Read full article
Kevin Tylus had been CEO of Royal Bank, which Bryn Mawr recently bought. ... Read full article
Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets. ... Read full article
The company, which had recently expressed confidence that the issue would be resolved, agreed last month to buy a bank in Florida. ... Read full article
The holding company structure makes sense for large banks with complex business models and small banks looking to bulk up through acquisitions. But for a large swath of banks in the middle, the benefits are harder to spot. ... Read full article
The company agreed to pay $18 million for Atlantic Bancshares in a deal that will increase its operations along South Carolina's coast. ... Read full article
The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage. ... Read full article