Hope Bancorp to buy U & I Financial in Seattle
The acquisition is the first for Hope since a transformative merger last year. ... Read full article
The acquisition is the first for Hope since a transformative merger last year. ... Read full article
To succeed, the Tennessee company must build on momentum created by BNC, the bank it just agreed to buy. ... Read full article
Fourth-quarter profits at Wintrust Financial in Rosemont, Ill., climbed 54% to $54.6 million from a year earlier, helped largely by acquisitions and increases in mortgage banking and other fee income. ... Read full article
Commercial real estate loan growth and the Hudson City acquisition fueled fourth-quarter profit growth at M&T Bank in Buffalo, N.Y. ... Read full article
Profit surged at BB&T in Winston-Salem, N.C., during the fourth quarter, driven by various acquisitions and growth in business lending. ... Read full article
The Cleveland company also had a record quarter for its investment banking business. ... Read full article
The Pittsburgh company was aided by high-single-digit organic loan growth in addition to an acquisition that was completed in February. ... Read full article
The $190 million deal would push Renasant above the $10 billion-asset regulatory threshold. ... Read full article
Asset quality remained solid as the Little Rock company improved loan-to-deposit, efficiency ratios last quarter following two major bank acquisitions. ... Read full article
Violations of Bank Secrecy Act and anti-money-laundering compliance remains a hot topic for financial institutions as regulators can bar them from branch building and bank acquisitions. Here are some notable regulatory actions that are still unresolved. ... Read full article
The company would prefer buying banks with $5 billion to $10 billion in assets unless it finds an appealing alternative in a strategic market such as Raleigh or Nashville. ... Read full article
Mary Lynn Lenz shares some insight on M&A challenges and turnaround success, Sallie Krawcheck says Wall Street diversity can't get worse and Ginni Rometty explains why IBM bought Promontory. ... Read full article
The company recently received Fed approval to increase its ownership in Carter to 9%. ... Read full article
Salisbury Bancorp in Lakeville, N.Y., has agreed to buy a branch from ES Bancshares in Newburgh. ... Read full article
There is optimism that consolidation could bounce back from a lackluster 2016 as bank stock rally. At the same time, expectations of regulatory easing and tax reform could entice more banks to stay independent, at least in the short term. ... Read full article
Advia Credit Union in Parchment, Mich., has agreed to buy Peoples Bank in Elkhorn, Wis. ... Read full article
The company will pay $23.4 million for the $194 million-asset parent of Capaha Bank. ... Read full article
The growth of digital channels is changing bank M&A values, forcing buyers to focus less on branches and more on the volume of customer data. ... Read full article