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M&A - Banking Exchange
At the same time, Florida’s First Home Bank has rebranded to BayFirst
Two major deals are going to be the subject of public hearings as scrutiny of transactions increases
Michael Hsu calls for reform but rejects the idea of a moratorium on transactions
United is targeting an expansion into ‘attractive’ Southeastern markets
The two banks were unable to agree an extension to the acquisition plan despite regulatory approval
The acquisition is a move to strengthen First Bancshares’ presence in the Florida panhandle region
The strategic purchase serves to accelerate the company’s growth in the lucrative Rocky Mountains region
Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp
Plus: QCR’s acquisition of Guaranty Federal and TriCo Bank’s merger with Valley Republic Bank are nearing completion
M&A has been under scrutiny since President Joe Biden took office last year
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