Remove Community Bank Remove National Remove Raleigh Remove Regional
article thumbnail

Acquisition, Loss-Share Termination Cut Into First Citizens' Profit

American Banker

First Citizens BancShares reported a sharp decline in quarterly profit that largely reflected merger-related costs and the Raleigh, N.C., company's exit from loss-sharing agreements.

Raleigh 28
article thumbnail

First Citizens in N.C. Posts Higher Profit on One-Time Gains

American Banker

First Citizens BancShares in Raleigh, N.C., reported higher quarterly profit that reflected a couple of one-time gains.

Raleigh 28
article thumbnail

2021 GonzoBanker Awards

Gonzobanker

The merger of equals activity in 2021 was sky high, primarily because banks with pinched margins from low rates worked to grabbed scale. From nowhere, sizable regional players are being created. Bank Merger of the Year. Performance and multiples continue to be solid, outperforming most regional banks. You tell us.

Fintech 143