News Topic: M&A

The California company is set to pick up a dozen branches after it buys FNB for $315 million. ... Read full article

The company has agreed to buy the operations of Veterans Mortgage in Salt Lake City. ... Read full article

The $74 million acquisition will allow First Mid-Illinois to expands it operatations in the Champaign-Urbana region in Illinois. ... Read full article

The deal includes roughly 120 client relationships. Employees in CenterState's trust department will join Cypress Trust. ... Read full article

The bank, which agreed to acquire Hibernia Bancorp for $28 million, will adopt the seller's name after completing the deal. ... Read full article

MFA Acquisition, which plans to keep Maryland Financial Bank's name, wants to add more products and services after the deal closes. ... Read full article

The Los Angeles company will sell $1.6 billion in loans, largely tied to technology and health care, by the end of this year. ... Read full article

Alpine Bancorp. in Illinois made its sale a highly inclusive process, forming a special evaluation team of senior leaders to help top management review offers. ... Read full article

It’s only early December, but bank CEOs’ comments this week about tax reform, their thirst for deposits, consumer lending initiatives, and challenges in commercial lending offer a sneak peek at what’s coming when earnings season begins next month. ... Read full article

Fifth Third last bought a bank in 2008, but CEO Greg Carmichael says "strategic bank M&A absolutely makes sense," and the Cincinnati bank is poised to clear up a blot on its regulatory record that blocked dealmaking. ... Read full article

The $32 million purchase of Sunshine Financial will provide First Bancshares with its first branches in Tallahassee, Fla. ... Read full article

After two century-old community institutions merged in 2010, they never suspected it would take seven years before their operating systems got along. ... Read full article

SunTrust sold an insurance financing unit that it deemed noncore, but it is on the lookout to buy more complementary businesses such as a CRE lender it acquired last year. ... Read full article

The company also set high expectations for revenue opportunities while projecting it will deliver at 15% return on equity in 2019. ... Read full article

The company agreed to buy TCSB Bancorp, the parent of Traverse City State Bank, for $63 million. ... Read full article

Guaranty Federal Bancshares in Springfield, Mo., has agreed to buy Hometown Bancshares in Carthage, Mo. ... Read full article

The $528 million acquisition ends months of speculation that the foreign-owned banks were pursuing a deal. ... Read full article

Five years have passed since M&T agreed to buy Hudson City, only to be tripped up by anti-money-laundering issues. With a clean bill of health from regulators and Hudson integrated, management is again talking about its interest in deals. ... Read full article