SouthState Corporation announces $2bn acquisition of Independent Bank Group

Pallavi Madhiraju- May 21, 2024 0

SouthState Corporation (NYSE: SSB) has entered into a definitive agreement to acquire Independent Bank Group, Inc. (NASDAQ: IBTX), based in McKinney, Texas, in an all-stock ... Read More

CBC Bancorp to acquire Bay Community Bancorp in $14 per share all-cash deal

Pallavi Madhiraju- May 21, 2024 0

CBC Bancorp, the parent company of Commercial Bank of California (CBC), has announced a definitive agreement to acquire Bay Community Bancorp (OTC Pink: CBOBA), which ... Read More

West Coast Community Bancorp to acquire 1st Capital Bancorp in $63m deal

Pallavi Madhiraju- May 21, 2024 0

West Coast Community Bancorp (OTCQX: "SCZC"), headquartered in Santa Cruz, California, and 1st Capital Bancorp (OTCQX: "FISB"), headquartered in Salinas, California, have announced a merger ... Read More

City Union Bank reports net interest income of Rs 547cr for Q4 FY24

Pallavi Madhiraju- May 20, 2024 0

City Union Bank Limited, a prominent private sector bank in India, has released its financial results for the fourth quarter and the entire fiscal year ... Read More

Ujjivan Small Finance Bank achieves highest ever PAT at Rs 1,281cr for FY24

Pallavi Madhiraju- May 19, 2024 0

Ujjivan Small Finance Bank Ltd. (BSE: 542904; NSE: UJJIVANSFB), a prominent small finance bank in India, has announced impressive financial results for the fiscal year ... Read More

Cotribute partners with Capitol Credit Union to enhance member onboarding

Pallavi Madhiraju- May 15, 2024 0

Cotribute, an embeddable fintech platform, has been selected by Capitol Credit Union of Texas to improve new member onboarding and reduce fraud through its Consumer ... Read More

United Bankshares to acquire Piedmont Bancorp in $267m deal

Pallavi Madhiraju- May 13, 2024 0

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, ... Read More

LINKBANCORP to divest New Jersey operations to enhance focus on core markets

Pallavi Madhiraju- May 11, 2024 0

LINKBANCORP, Inc. (NASDAQ: LNKB), a notable name in community banking, has announced a pivotal transaction involving its wholly owned subsidiary, LINKBANK. Under a definitive purchase ... Read More

Indian Overseas Bank reports net profit of Rs 808cr for Q4 FY 2023-2024

Pallavi Madhiraju- May 9, 2024 0

Indian Overseas Bank (IOB), one of India's leading public sector banks, has reported a significant financial performance for the fiscal year 2023-2024. Demonstrating robust growth, ... Read More

State Bank of India registers net profit of Rs 61,077cr for fiscal year 2024

Pallavi Madhiraju- May 9, 2024 0

State Bank of India (SBI) concluded the fiscal year 2024 with a remarkable financial performance, reporting a net profit of ₹61,077 crores, a significant growth ... Read More