After hurricane, an M&A flurry in Houston
Bank consolidation in the city has picked up in recent months despite erratic oil prices and flooding tied to Hurricane Harvey. ... Read full article
Bank consolidation in the city has picked up in recent months despite erratic oil prices and flooding tied to Hurricane Harvey. ... Read full article
Triumph Bancorp has developed technology to help freight brokers make faster payments to truckers, charging a fee for the service. ... Read full article
The company agreed to buy Bank of River Oaks for $85 million in cash. ... Read full article
The private equity firms plan to sell a total of 3 million shares in the Houston company in coming weeks. ... Read full article
The Texas company will gain four branches and $160 million in loans after the acquisition closes. ... Read full article
The Dallas company has agreed to sell its health care lending group to an undisclosed buyer. ... Read full article
Which large and midcap bank stocks have the most momentum? These 12 banks started the year off with the biggest bang, as measured by gains in stock price. ... Read full article
The company has registered shares that three private equity firms have held since early 2010. ... Read full article
The purchase will significantly increase Hancock's assets under management and administration. ... Read full article
The company will pay $186 million for First Bank Lubbock in a deal that also includes mortgage unit PrimeWest Mortgage. ... Read full article
Integrity is set to become the third Houston-area bank acquired by Independent in recent years. ... Read full article
Pat Hickman, CEO of Happy State Bank, wants his institution to remain viable in the face of stifling regulation. As for selling? That'll happen over his dead body, he says. ... Read full article
The company, which recently bought Sabadell United in Miami, is pledging to make billions of dollars in mortgages and small business loans in low- and moderate-income communities. ... Read full article
The bank is looking to raise $72 million, which it could use for organic growth and acquisitions. ... Read full article
Harvey slammed the Houston area this summer, but Prosperity Bancshares' profit dropped only slightly in the third quarter, and it described the financial impact as "manageable." ... Read full article
The Dallas company reported a 40% increase in net income from the same period in 2016. ... Read full article
The company agreed to buy Commercial Bancshares for $59 million in stock. ... Read full article
The loan product, which allows consumers retroactively to adjust a payment amount, illustrates how community-based institutions are trying to reach technologically savvy consumers. ... Read full article
The Louisiana company also set aside funds to cover efforts to settle litigation tied to its mortgage business. ... Read full article
Florida and Texas are normally major sources of mergers, but bankers in those states likely will take a break to assess damage from the hurricanes before returning to dealmaking. ... Read full article