M&A

Inside a bank’s call to be an M&A buyer and seller at the same time

02/14/17

Not every bank could simultaneously make and entertain acquisition offers like Pacific Continental did, but its story highlights hard questions facing financial institutions in a consolidating industry.

[more]

Progress Financial to buy First Partners Financial in Alabama

02/14/17

Progress will pay $42 million to expand in Birmingham, Ala., adding branches in a market where it hired a lending team last year.

[more]

Management shuffle at Peapack-Gladstone in N.J.

02/14/17

The bank has shifted Chief Operating Officer Finn Caspersen Jr. to chief strategic officer and hired Robert Plante to succeed him as COO.

[more]

Heartland expanding in Colorado by agreeing to buy Citywide Banks

02/14/17

Heartland will gain 12 branches around Denver and Boulder after it buys the $1.4 billion-asset Citywide.

[more]

Banc of California taps another investor to joins its board

02/10/17

Kirk Wycoff of Patriot Financial Partners will soon join PL Capital's Richard Lashley on the California company's board.

[more]

FB Financial to buy two privately held banks in Tennessee

02/09/17

Clayton Bank and American City Bank are owned by Clayton HC and have a combined $1.2 billion in assets.

[more]

TCF’s tough-guy CEO had a soft spot for working-class customers

02/09/17

Longtime TCF Chairman and CEO Bill Cooper, who died Tuesday at the age of 73, is being remembered as an innovator who never forgot where he came from.

[more]

New York Community holds out hope of revisiting terminated deal

02/07/17

Joseph Ficalora, New York Community's CEO, told analysts that his company could still have a chance to buy Astoria "down the road."

[more]

Why small banks are moving headquarters in M&A deals

02/07/17

The moves show a commitment to bigger markets and make it easier for analysts and investors to visit management.

[more]

Activist investor mounts proxy battle at Banc of California

02/07/17

Legion Partners, which has raised concerns about corporate governance and pushed the bank to consider selling itself, will seek two board seats.

[more]