Browsing: deal

Supporting data: FS Bancorp in Mountlake Terrace, Wash., announced its first whole-bank acquisition since 2019 on Thursday. Key insight: The deal for the four-branch Pacific West Bank…

Supporting data: Huntington Bancshares said it expects to realize about $100 million of purchase accounting accretion in 2027, about $280 million less than its initial projection.What…

Shareholders of Laurentian Bank of Canada have overwhelmingly approved the bank’s proposed acquisition by Fairstone Bank of Canada, pushing the long-anticipated transaction one step closer to…

Key insight: Santander’s pending acquisition of Webster Financial checks several boxes for the Spanish bank, which has been seeking greater scale and profitability in the U.S.Expert…

Key insight: Banco Santander announced Tuesday that it’s buying Connecticut-based Webster Financial in a cash-and-stock transaction valued at $12.3 billion. What’s at stake: Santander, which has been…

Key insight: The merged bank will hold the No. 1 deposit share in Beaumont, home to a bustling port and some of the nation’s largest oil…

Key insight: Judge rejects HoldCo’s attempts to block Fifth Third’s planned acquisition of Comerica on Feb. 1.What’s at stake: The legal battle was the last potential…

Key insight: First Citizens made its first payment on a $35 billion debt to the FDIC connected with its Silicon Valley Bank acquisition in 2023.Expert quote:…

Brex co-founders Pedro Franceschi and Henrique Dubugras.BrexCapital One said Thursday that it was acquiring payments startup Brex for $5.15 billion, the latest splashy deal undertaken by…

Key insight: Capital One will expand its business payments capabilities by acquiring Brex for $5.15 billion in cash and stock.What’s at stake: Brex offers corporate card services,…