M&A

CIBC's PrivateBancorp deal under fire (again)

05/01/17

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 advisory firm endorses the deal.

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Central Valley to buy Folsom Lake Bank in California

05/01/17

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

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South State to buy Park Sterling in N.C. for $691 million

04/27/17

The acquisition will provide South State with more than $3 billion in assets and a larger operation in North Carolina.

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TowneBank in Va. to pay $323.7M for N.C. bank

04/27/17

TowneBank's acquisition of Paragon Commercial Bank would give it access to several North Carolina markets.

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M&A imperative: Get regulators on board or no deal

04/26/17

The biggest bank M&A agreement of the year might not have happened if the buyer, Sterling Financial, had refused to prove to Astoria Financial that it had thoroughly vetted the deal with regulators.

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New York Community still hunting for M&A as rising rates crimp profits

04/26/17

The Westbury, N.Y., company is angling for an acquisition as it approaches the $50 billion-asset mark.

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BOK achieves near-record profit on acquisition, lower credit costs

04/26/17

The Tulsa, Okla., company also benefited from higher interest and fee revenue while keeping expenses under control.

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Sterling reports increased profit on commercial loan growth

04/26/17

The New York company also reported a wider net interest margin and lower noninterest expenses.

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Why United Community cozied up to a target before buying it

04/25/17

The Georgia company invested in HCSB Financial's recapitalization a year before agreeing to buy the coastal South Carolina bank. Doing so allowed United to stay to close to HCSB and its board, which helped when the time came to discuss a deal.

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Popular names new CEO; Carrion to become executive chairman

04/25/17

President and COO Ignacio Alvarez will replace Richard Carrion as CEO on July 1.

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