Union, First Interstate, Simmons First: Fall's biggest M&A deals
The past month was a busy one for community banks with expansion on the agenda and millions to spend. ... Read full article
The past month was a busy one for community banks with expansion on the agenda and millions to spend. ... Read full article
The acquisition will increase Horizon’s core deposits and add branches around Indianapolis. ... Read full article
First Merchants in Indiana would pass $10 billion in assets by acquiring MBT Financial in Michigan. ... Read full article
In what would be its third acquisition in a year, the company formerly known as BofI Holding is buying a firm that clears trades for independent broker-dealers. ... Read full article
Hanmi alleges that SWNB's directors actively advised the Houston bank's investors to reject the merger. ... Read full article
The company will pay $96 million to buy HomeTown Bankshares to gain scale in western Virginia. ... Read full article
The Kansas company has agreed to buy thee offices from MidFirst Bank. ... Read full article
Bank 7, which aims to raise $75 million, also has extensive dealings in the hospitality industry. The company has completed two acquisitions since 2011. ... Read full article
Larger community banks are favoring bigger targets — or relying more on organic growth — to expand. ... Read full article
Eagle Bancorp Montana is gaining four branches and $94 million in deposits with its $19 million purchase of Big Muddy Bancorp. ... Read full article
Hanmi Financial in Los Angeles will pay more of the deal price in cash, prompting SWNB Bancorp to postpone its shareholder vote. ... Read full article
Limited acquisition opportunities remain in the state's hottest markets, which will force buyers to pay bigger premiums or pursue deals elsewhere. ... Read full article
M&A activity has picked up in recent weeks as several regional banks have struck big deals. Is it a blip or a sign of what's to come? ... Read full article
Holding multiple face-to-face meetings with executives from MB Financial helped Fifth Third land the Chicago company for a lower price than another suitor offered. ... Read full article
Renasant is requiring Brand Group to sell $55 million in classified loans before closing the deal, while attaching an incentive for the seller to get as much as possible for those sales. ... Read full article
The Tennessee company has been buying banks in smaller markets and college town where it rarely has to compete with financial giants. ... Read full article
The deal for the San Diego company would be PNC's second nonbank acquisition in less than a month. ... Read full article
The number of deals, overall dollar volume and premiums are on pace to top those from a year earlier, giving hope that even more consolidation will take place in 2018. ... Read full article