Texas State Bankshares, Inc., the parent company of Texas Regional Bank (TRB), has finalized its acquisition of Dallas-based investment banking firm Estrada Hinojosa & Company, Inc. The deal will see Estrada Hinojosa operate under the newly branded TRB Capital Markets, LLC, marking a significant expansion for TRB. This acquisition brings over 50 new employees to […]
In a significant expansion move, United Bankshares, Inc. (NASDAQ: UBSI), the parent company of United Bank, has announced a definitive merger agreement with Piedmont Bancorp, Inc., the parent company of The Piedmont Bank. The deal, which is set to enhance United’s position as the 39th largest banking entity in the U.S. based on market capitalization, […]
Heartland Group Holdings Limited (NZX/ASX: HGH), known for its significant presence in the financial services sector, has confirmed the completion of Heartland Bank Limited’s acquisition of Challenger Bank Limited from Challenger Limited (ASX: CGF). This acquisition marks a historic move as Heartland Bank becomes the first New Zealand registered bank to acquire an Australian authorised […]
Business First Bancshares, Inc. (NASDAQ: BFST), the holding company for b1BANK, has entered into a definitive agreement to acquire Oakwood Bancshares, Inc., and its wholly-owned subsidiary, Oakwood Bank, in an all-stock transaction valued at approximately $85.7 million. This transaction, based on Business First’s closing share price of $21.57 on April 22, 2024, marks a significant […]
Capital Bancorp, Inc. (“CBNK”), a notable entity in the financial services sector, headquartered in Rockville, Maryland, and Integrated Financial Holdings, Inc. (“IFH”), based in Raleigh, North Carolina, have officially announced their merger under a definitive agreement. This agreement stipulates that CBNK will acquire IFH in a sophisticated cash and stock transaction valued at approximately $66 […]