M&A

Seacoast to buy Palm Beach Community Bank in Florida

05/05/17

Seacoast will pay $71 million in cash and stock in a deal that is expected to close in the third quarter.

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First Horizon bets on SIFI changes with blockbuster deal

05/04/17

First Horizon CEO Bryan Jordan explains why he thinks policymakers will change the $50 billion asset cutoff and justify the regional bank's big acquisition.

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CIBC boosts PrivateBancorp offer, lifting cash portion by 12%

05/04/17

Canadian Imperial Bank of Commerce increased its offer for PrivateBancorp Inc. by $3 a share in cash to offset the decline in the bidder's stock price.

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First Horizon to buy Capital Bank in N.C. for $2.2 billion

05/04/17

The acquisition will make the Tennessee company one of the biggest banks in the Southeast with more than $40 billion in assets.

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Why this banker is a buyer in a state filled with sellers

05/03/17

Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere.

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Citizens Financial to buy M&A advisory firm in Cleveland

05/02/17

The regional bank has a deal to acquire Western Reserve Partners, which offers merger-advisory services to midsize companies.

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Guaranty in Texas to become publicly traded — again

05/02/17

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.

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First Bancorp to buy ASB Bancorp in N.C.

05/01/17

First Bancorp has emerged as one of the few consolidators in North Carolina at a time when many other banks in the state have opted to sell.

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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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