M&A - Banking Exchange

Why American Express Acquired Small Business Specialist Kabbage

American Express is to acquire cash flow management solutions provider Kabbage to help the global payments firm increase its offering to small businesses in the US

Customers Bank to Sell Digital Arm BankMobile

Megalith Financial Acquisition Corp plans to take the ‘banking as a service’ provider public through a listing on NYSE

M&A Update: Bristol County Savings buys Freedom National

Plus: Provident Bank finalizes SB One acquisition, and Delmar Bancorp prepares for a rebrand after merger

Heritage Southeast Bank, Ponce Bank and Red River Bank In the News

Heritage Southeast Bank has bought assets and hired staff from financing firm Diversified Funding Services

The Numbers Behind the Collapse in M&A Deals in 2020

Delayed and abandoned transactions punctuated a weak period for activity in the first half of the year, says PwC

First Horizon Continues M&A with Truist Branch Purchases

First Horizon has acquired 30 North Carolina branches from Truist, adding $2.3 billion in deposits

NY Community Banks to Merge; First Horizon-IBERIABANK Deal Completes

Bridge Bancorp and Dime Community Bank plan to create an $11 billion banking group through a “merger of equals”

Bank OZK Exits Alabama Market Through Branch Sales

The $24.6 billion banking giant has agreed to sell two branches to M&M Bank and 22nd State Bank, while PA-based Community Bank is closing two premises