M&A

Investar Holding to buy Citizens Bancshares in Louisiana

03/08/17

Investar will pay $46 million in cash for Citizens, which has three branches and $246 million in assets.

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Digital bank goes for $175 million, or four times revenue

03/08/17

The price Customers Bancorp is getting for its BankMobile unit would exceed the initial estimates of $100 million to $150 million.

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Astoria deal to turn Sterling into regional power in New York

03/07/17

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.

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First Midwest buys investment adviser in Chicago

03/07/17

Premier Asset Management will add $550 million of assets under management to a platform that First Midwest has historically built with organic growth.

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Sterling Bancorp to buy Astoria Financial in N.Y. for $2.2 billion

03/07/17

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge.

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PrivateBancorp setting new date for shareholder vote on sale to CIBC

03/06/17

The Chicago company postponed a vote planned late last year after a surge in bank stocks changed the math behind the cash-and-stock transaction.

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Proficio Bank becomes first Utah failure in six years

03/03/17

Cache Valley Bank in Utah agreed to buy Proficio's deposits and most of its assets.

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Banc of California to sell mortgage business to Caliber Home Loans

03/03/17

Caliber will also buy about $36 million of mortgage-servicing rights in a deal that is expected to close at the end of March.

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Meridian Bank in Pa. to buy wealth management firm

03/02/17

The bank will have $700 million in assets under management after it buys HJ Wealth Management in Pennsylvania.

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Will C&I clients make South Florida worth the risk for Iberia?

03/01/17

Iberiabank is making the biggest deal in its history in Miami, an area known for boom-bust cycles and a condo market that stung banks during the crisis.

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