M&A

SmartFinancial to nearly double in size with purchase of N.C. bank

01/15/19

The Tennessee company will have $4 billion in assets and 47 branches in six states when it buys Entegra Financial.

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VyStar is latest credit union to line up bank acquisition

01/15/19

The deal for Citizens State Bank is part of VyStar's plan to expand throughout Florida and Georgia.

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PNC to buy broker-dealer Ambassador Financial Group

01/14/19

The Pittsburgh-based PNC said Monday that it would buy the Allentown-based firm that provides balance sheet management, investment banking and capital markets services to financial institutions.

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Heartland in Iowa sells two consumer finance businesses

01/14/19

Heartland said the sales will allow it to focus on other operations.

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MUFG Union buys investment bank with middle-market focus

01/11/19

Intrepid Investment Bankers provides advice on M&A and capital markets activities.

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First Citizens to buy small bank in South Carolina

01/10/19

The North Carolina company agreed to pay $38 million in cash for First South Bancorp.

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Yellow lights instead of green for bank M&A deals

01/10/19

Shareholder approval, usually a formality, is far from guaranteed when an acquirer's share price is sliding.

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PacWest deal for El Dorado collapses

01/09/19

Tom Meuser, the chairman of El Dorado Savings in California, said he could not get the necessary two-thirds backing from his shareholders because of recent declines in bank stock prices.

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M&A in 2019: Banks will keep paying up for deposit-rich sellers

01/09/19

Deposit premiums for bank mergers, which topped 10% in 2018 for the first time in years, are expected to keep rising as competition for cheap funding intensifies.

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First Financial in Ind. to enter two states with HopFed acquisition

01/08/19

The $128 million acquisition will provide First Financial with its first branches in Kentucky and Tennessee.

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