News Topic: M&A

Bank First has agreed to pay $76 million in cash and stock for Waupaca Bancorp. The company should have nearly $1.8 billion in assets when it completes the deal. ... Read full article

First Mutual Holding and Doolin Security Savings Bank are planning to create a mutual with nearly $100 million in assets. ... Read full article

Stonegate Bank in Florida figured its balance sheet was too small and undiversified to stay independent. But it was choosy in approaching potential buyers and aggressively scrutinized the lead bidder’s loan book. ... Read full article

A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending. ... Read full article

JPMorgan Chase has some advice for regional banks: A deposit drain is coming, so merge while you can. ... Read full article

Wells Fargo is weighing a sale of its insurance brokerage business, which could fetch about $2 billion, people familiar with the matter said. ... Read full article

The post-election rally in banking stocks has given certain buyers the ability to make acquisitions that would add to tangible book value, perhaps making it easier for them to pursue more deals. ... Read full article

Guaranty Bank & Trust in Milwaukee was shut down by federal regulators Friday, just a week after one of the costliest failures since the crisis. ... Read full article

Seacoast will pay $71 million in cash and stock in a deal that is expected to close in the third quarter. ... Read full article

First Horizon CEO Bryan Jordan explains why he thinks policymakers will change the $50 billion asset cutoff and justify the regional bank's big acquisition. ... Read full article

Canadian Imperial Bank of Commerce increased its offer for PrivateBancorp Inc. by $3 a share in cash to offset the decline in the bidder's stock price. ... Read full article

The acquisition will make the Tennessee company one of the biggest banks in the Southeast with more than $40 billion in assets. ... Read full article

Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere. ... Read full article

The regional bank has a deal to acquire Western Reserve Partners, which offers merger-advisory services to midsize companies. ... Read full article

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering. ... Read full article

First Bancorp has emerged as one of the few consolidators in North Carolina at a time when many other banks in the state have opted to sell. ... Read full article

The value of CIBC's offer for PrivateBancorp in Chicago had dropped by $3 per share as of late last week due to the decline in CIBC’s stock price in recent weeks, one shareholder advisory firm said ahead of a shareholder vote next week. Another ... Read full article

The $34 million acquisition is expected to strengthen Central Valley's banking operations in northern California. ... Read full article