M&A

Cost control, increased lending pad quarterly profit at First Horizon

07/14/17

First Horizon reported lower fee income in the second quarter. The company said it is making progress planning for its pending purchase of Capital Bank Financial.

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N.C. bank launches hostile bid for much smaller competitor

07/13/17

First Citizens is pressuring KS Bancorp to sell even though the banks' operations overlap in many markets in eastern North Carolina.

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Why more banks could ditch their holding companies

07/12/17

Bank of the Ozarks recently dissolved its holding company in a move that goes against modern banking strategy. There are, however, strong arguments for other institutions to follow the bank's lead.

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Profit rises at Bank of the Ozarks after two acquisitions

07/12/17

The Arkansas bank bought C1 Financial in Florida and Community & Southern Holdings in Georgia last year.

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Many get stung by Maryland banking company's bankruptcy plan

07/11/17

The Treasury Department will take a huge hit when Cecil Bancorp sells it bank, while 1st Mariner Bank in Baltimore will see its equity stake completely wiped out. Cecil opted for bankruptcy court when it was unable to resolve an impasse over its trust-preferred stock.

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Severn in Md. to buy title insurance company

07/10/17

Severn said it believes Mid Maryland Title Co. will complement its existing dealings in mortgages, commercial banking and commercial real estate.

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Behind the Southeast’s bank M&A heat wave

07/10/17

The region is responsible for a third of all bank sellers — and more than half of the industry's overall deal volume.

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Behind every good M&A deal is a good succession plan

07/05/17

Sellers may shy away from partnering with banks that rely too heavily on one individual for their success, so buyers must show they are ready to handle unexpected departures or illnesses involving key personnel.

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Vantiv to buy Worldpay for $9.9B as JPMorgan bows out

07/05/17

The deal partners said the cost savings opportunities and international reach presented by the combination were appealing, and JPMorgan Chase said it won’t make a bid after being invited to consider an offer.

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MidSouth takes streamlining step with branch sale

07/03/17

Its agreement to sell two branches to another Louisiana bank is part of a broader plan by MidSouth's new CEO to eliminate seven branches.

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