M&A

Level One deploys capital from IPO to buy Ann Arbor Bancorp

08/13/19

The Michigan company will pay $68 million to expand in a high-priority market.

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Bank stocks down again; Fed mulls new bank capital buffer

08/13/19

Bank shares are down more than 9% this month; the Fed has never imposed the countercyclical capital buffer before.

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CIT to buy Mutual of Omaha for $1 billion

08/13/19

CIT will gain nearly $7 billion in low-cost deposits, mostly tied to homeowners associations, as part of the acquisition.

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Professional Holding to buy Marquis Bank in South Florida

08/12/19

The companies said the merger will provide scale and help them update technology more efficiently.

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Pressure's on regionals to boost fee income

08/12/19

Margin expansion may grind to a halt if the Fed holds rates steady or cuts them further. The problem is regionals tend to lack the side businesses that the big banks possess to offset lending slumps.

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Investors Bancorp's about-face from seller to buyer

08/09/19

The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.

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Activist investor puts pressure on Middlefield in Ohio to sell

08/09/19

Ancora Advisors also suggested that the company get rid of its current management team.

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Happy State announces bank acquisition in Texas

08/09/19

The bank will buy First State Bank of Mobeetie.

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OceanFirst to enter New York, near $10B in assets with two acquisitions

08/09/19

The New Jersey company will pay $284 million for Two River Bancorp and Country Bank Holding.

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Eagle to expand in northeastern Montana with latest bank deal

08/09/19

The company will pay $13 million for the parent of Western Bank of Wolf Point.

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