News Topic: M&A

Bank of Montreal, Canada's oldest lender, has turned to a former investment banker with an interest in continued U.S. expansion to lead the firm into its third century. ... Read full article

The deal, which is expected to close in the fourth quarter, should significantly increase PacWest's operations in southern California. ... Read full article

Big banks may have scoffed when a gaggle of financial technology upstarts promised to reinvent their business. Now they want to buy them. ... Read full article

The Houston company was formed in 2009 to buy struggling banks in the wake of the financial crisis. ... Read full article

The Tennessee company has been working to resolve a memorandum of understanding tied to its CRE exposure. ... Read full article

Opes Advisors has 39 locations in California, Oregon and Washington. The firm generated $3 billion in mortgages last year. ... Read full article

Triumph Bancorp in Texas agreed to sell its CLO management firm just months after new risk retention rules kicked in. ... Read full article

Scott Custer resigned as a director and paid consultant to F.N.B. days after the Pittsburgh company bought Yadkin to enter North Carolina. ... Read full article

The revised offer is 20% higher than the initial bid, which amounted to a discount after bank stocks soared following the November elections. ... Read full article

Mid Penn agreed to pay $59 million for Scottdale Bank in a deal that is expected to close in the third quarter. ... Read full article

First Bank, based in New Jersey, will pay about $27 million for Bucks County Bank in a deal that is expected to close in the third quarter. ... Read full article

Low scores make it harder for banks to get regulatory OKs to expand, but Wells is in retrenchment mode anyway. ... Read full article

The Arkansas company has bought 12 banks in Florida since 2010, and its CEO said he had coveted Stonegate for years before agreeing to buy it this week. Yet there is nagging talk about a new bubble in the Sunshine State. ... Read full article

The number of deals in early 2017 was similar to the same period last year, though the pricing has increased. Also see which M&A advisers were the most active for each region during 2016 in our annual ranking. ... Read full article

The deal is Home BancShares’ second in Florida in less than five months and would let the Arkansas company further solidify its presence in the Sunshine State. ... Read full article

Northwest Bancorp in Spokane said it has agreed to acquire the $131.1 million-asset CenterPointe Community Bank in Hood River, Ore. ... Read full article

It took several offers for First Busey to seal a deal to buy First Community Financial Partners, and the details in a recent public filing of the back and forth between the two Illinois banks show how patience in merger negotiations is a must. ... Read full article

Plimoth Investment Advisors, a firm owned by two mutuals in Massachusetts, is buying the business. ... Read full article