News Topic: Ohio

The company has agreed to pay nearly $5 billion for MB Financial in a deal that will provide immediate scale in Chicago. ... Read full article

The former CFPB director won the state’s Democratic primary Tuesday night, and his tenure at the agency is likely to be a key issue in the general election. ... Read full article

A group, led by former community bank CEO Dave Mallett, is planning Ohio State Bank in Columbus. ... Read full article

The Ohio bank's total deposits grew, unlike at some other regionals, and CEO Stephen Steinour said its 28-basis-point increase in overall funding costs will pay off. ... Read full article

The Cleveland company's acquisition of a boutique investment banking firm contributed to an increase in its fee income. ... Read full article

The company will merge with Kentucky Federal Savings and Loan by the end of this year. ... Read full article

Stilwell Group is trying to win a board seat at Wayne Savings Bancshares. ... Read full article

Park National, which came to regret its acquisition of a Florida bank just before the financial crisis, took more than a year to vet NewDominion before making an offer. ... Read full article

The company has agreed to buy United Community Bancorp. With the $114 million deal it would add five branches in the Cincinnati area. ... Read full article

The Charlotte, N.C., company will open 500 new branches and hire 5,400 employees as it continues to expand in midsize cities across the country. ... Read full article

The company, which is planning to sell at least $25 million in stock, said in a presentation tied to the offering that it is well positioned for M&A. ... Read full article

Burned by a 2007 deal in Florida, Park National in Ohio had several years to reflect on lessons learned before agreeing to buy NewDominion Bank in Charlotte, N.C. ... Read full article

An economic correction is long overdue, the Ohio company says in explaining why now is the wrong time for long-term entanglements like mergers. ... Read full article

The results also included a large one-time benefit tied to recently passed tax reform. ... Read full article

NewDominion, which has completed an improbable turnaround, is the last community bank based in Charlotte, N.C. ... Read full article

Merger- and tax-related charges took a bite out of fourth-quarter profits at the Cleveland company, but its CEO emphasized that a recent deal and tax reform are promising for growth. ... Read full article

The activist investor, which has pressured the company in the past to find a buyer, fell short in an attempt last year to gain representation. ... Read full article

If Congress doesn’t take the lead on better protecting consumers from data breaches, states are more than ready to offer their own fixes. Bankers will also be keeping close tabs on bills related to marijuana, PACE loans and elder financial abuse. ... Read full article