First American to buy Southport Financial
The cash acquisition allows First American to expand its operations in Kenosha, Wis. ... Read full article
The cash acquisition allows First American to expand its operations in Kenosha, Wis. ... Read full article
The Massachusetts company hired banking veteran Mark Thompson, who recently scrapped an effort to buy a struggling bank in Boston, as its bank president. ... Read full article
The Dallas company has extinguished talk of a potential sale after aggressively cutting costs over the past year. But concerns about its future — including its ability to find new sources of revenue — remain. ... Read full article
Florida and Texas are normally major sources of mergers, but bankers in those states likely will take a break to assess damage from the hurricanes before returning to dealmaking. ... Read full article
The Cincinnati company has agreed to acquire Epic Insurance Solutions in Louisville, Ky., as it continues to build out its fee-based lines of business. ... Read full article
The banking companies agreed to terminate their planned merger after regulators withheld approval. The snag is tied to a previously disclosed issue with Hope's 2016 financial results. ... Read full article
The New Jersey company has agreed to acquire Quadrant Capital to expand in its home state. The company recently bought Murphy Capital. ... Read full article
The New York bank has prided itself on its ability to grow organically, but CEO Joseph DePaolo hinted Wednesday that M&A could be in its future. ... Read full article
CIBC's Victor Dodig has big plans for the U.S., but other bank execs speaking at an investor conference Monday warned of risks in certain sectors. ... Read full article
Associated's agreement to buy Whitness & Co. comes just weeks after the company lined up its first bank deal since the financial crisis. ... Read full article
The company will add $370 million in assets after buying the parent companies for First Bank & Trust and First Bank of Chandler. ... Read full article
The acquisition will allow Eagle to expand into southwestern Montana. ... Read full article
The company said it could use the proceeds to fund acquisitions and to make more loans. ... Read full article
The new owner of this Miami bank might be from Chile, but it sure knew how to create warm feelings with the employees it acquired. Instead of cutting back on benefits, it added some new ones — including a cash bonus paid for life events like having a ... Read full article
The Wisconsin company plans to shutter half of Bank Mutual's branches, including seven in Milwaukee. ... Read full article
Financial Institutions will incorporate Robshaw & Julian into another firm it bought early last year. ... Read full article
The Fed's order noted that Sterling had clarified errors in its CRA data before receiving a "satisfactory" rating from the OCC. ... Read full article
Heartland Bank had been operating under a regulatory order from the Fed since December. ... Read full article
Acquisitions are disruptive by nature, but some banks excel at maximizing M&A value by minimizing friction. Here’s what the active acquirers among our Best Banks to Work For know that others might not. ... Read full article
Former lawyer Kenneth Lehman will pay at least $10 million for a controlling stake in ABB Financial in Atlanta. ... Read full article