South Plains Financial moving into western Texas with bank deal
South Plains' agreement to buy West Texas State Bank is its first major move since conducting an initial public offering in May. ... Read full article
South Plains' agreement to buy West Texas State Bank is its first major move since conducting an initial public offering in May. ... Read full article
The company agreed to pay $66 million for the parent of Citizens State Bank in Tyler, Texas. ... Read full article
The Wisconsin regional agreed to buy the parent of First National Bank in Staunton for $76 million in cash. ... Read full article
The Washington company will have more than $1 billion in assets in southern California when the $87 million deal closes. ... Read full article
The $64 million acquisition is the first for Investors since it was freed from a regulatory order tied to Bank Secrecy Act compliance. ... Read full article
A company that operates mostly in rural markets is finally making a push into the thriving mid-Atlantic markets of Washington and Baltimore with its deal for Old Line Bancshares. ... Read full article
The deal cleared another key hurdle as Financial Services Committee members showed little interest in slowing the formation of Truist Financial. ... Read full article
WesBanco, which is based in West Virginia, will have more than $15 billion in assets when it completes the acquisition. ... Read full article
Visa’s decision on how or if it will participate in Facebook’s Libra will be based on how the social network handles the mountain of criticism and requirements that global regulators and lawmakers are heaping upon it. ... Read full article
The Mississippi bank has agreed to buy First Florida Bancorp in Destin, Fla., as part of its plan to build a community bank stretching across the Gulf region. ... Read full article
There have now been a record 10 credit union-bank merger deals in 2019. ... Read full article
Earnings at the Cincinnati company fell 25% from the same period last year, largely due to $109 million in expenses tied to its March acquisition of MB Financial. ... Read full article
Several megabanks dominate the market, but First Choice is seeking to expand there by catering to its ready supply of midsize businesses. It's not the only one. ... Read full article
Will the new commitment, which is 5% over what the banks have reinvested recently on their own, assuage advocacy groups' concerns about the merger? ... Read full article
Ahead of a House hearing to examine his company's proposed merger with SunTrust, King tried to downplay regulatory concerns. ... Read full article
The former mutual, which had faced pressure from an activist investor, agreed to be sold to Corporate America Family Credit Union. ... Read full article
The Connecticut company, which will top that asset milestone when it buys United Financial, says it could buy more banks in coming months. ... Read full article
The company, based in Charleston, S.C., will by Carolina Trust in western North Carolina for $100 million. ... Read full article
The Connecticut company will add heft in its home state and Massachusetts when it buys the former mutual. ... Read full article
The West Virginia company will pay $15 million in cash for First National Bank of Jackson. ... Read full article