News Topic: Strategic buyers

The deal will give Janney greater access to the community banking sector. ... Read full article

Mechanics, owned by a fund tied to investor Gerald J. Ford, will pay $2 billion for Rabobank in California. ... Read full article

Just nine bank merger pacts were announced in February, down from 17 in January. But they included the biggest deal in years and some other interesting storylines. ... Read full article

United Community, Synovus, Cadence and others stand to gain lenders and customers even if BB&T flawlessly integrates the $28 billion acquisition. ... Read full article

The company will close a dozen branches, including eight in Colorado. ... Read full article

Regional and community banks are eager to buy branches and hire top performers from the merging companies. ... Read full article

Hometown Financial will merge Abington Bank into Pilgrim Bank. The combined bank will be run by Andrew Raczka, Abington's CEO. ... Read full article

Bank of Princeton will also buy $190 million in deposits as part of the deal. ... Read full article

The Lake Mary, Fla.-based credit union has agreed to buy Fidelity Bank of Florida for an undisclosed amount. ... Read full article

The Virginia company cautioned that it expects lending to slow down this year. ... Read full article

Executives at Key pushed back against doubts over a deal for Laurel Road Bank’s digital lending platform so late in the credit cycle, arguing that its customers are prime borrowers with high incomes. ... Read full article

The Georgia company will abstain from acquisitions this year as it looks to make internal improvements. ... Read full article

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

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. ... Read full article

Cadence has upped the exchange ratio by 10%, a move made necessary by the 40% decline in its stock price since the deal was announced in May. ... Read full article

The combination of CCF Holding, Heritage Bancorp. and Providence Bank will create a $1 billion-asset institution. Veteran bank investor Kenneth Lehman will be its chairman. ... Read full article

Morris State will pay $24 million for the parent of Farmers & Merchants Bank. ... Read full article

Blockchain backers concede the hype is turning off bankers; Mulvaney's CFPB name change could cost industry millions of dollars; the one banking bill Congress might actually pass next term; and more from this week's most-read stories. ... Read full article