latest-news-headlines Market Intelligence /marketintelligence/en/news-insights/latest-news-headlines/49407558 content
BY CONTINUING TO USE THIS SITE, YOU ARE AGREEING TO OUR USE OF COOKIES. REVIEW OUR
PRIVACY & COOKIE NOTICE
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *

* Required

In this list

Bank M&A 2019 Deal Tracker: Deal value picks up in March

A New Era For Blockbuster Bank M&A

Street Talk Podcast

Street Talk Episode 23 - As More Banks Reach for Yield, Advisers Urge Caution

Credit Analysis

Beyond Amazon, Alibaba Leads Disruptive Innovation In Race To $1 Trillion Valuation

Banking & Financial Services

CECL Could Create Large Capital Shortfall For Community Banks


Bank M&A 2019 Deal Tracker: Deal value picks up in March

While the number of bank and thrift deals announced year-to-date in 2019 has fallen, total deal value has surged.

As of March 15, 43 U.S. bank and thrift deals had been announced, down from 47 in the prior-year period. Meanwhile, total deal value had jumped to $34.87 billion from $3.63 billion, and the median deal value-to-tangible common equity ratio had dropped to 161.3% from 168.2%.

SNL Image

SNL Image

Already in March, four deals have been announced for a total deal value of $2.29 billion and a median deal value-to-tangible common equity ratio of 192.6%. On March 15, Walnut Creek, Calif.-based Mechanics Bank announced it would acquire Roseville, Calif.-based Rabobank NA for $2.10 billion, becoming March's largest deal and the third-largest of the year.

SNL Image

SNL Image

SNL Image

SNL Image

Did you enjoy this analysis? Click here to set alerts for future banking Data Dispatches.

Click here for a spreadsheet listing all bank and thrift deals, including institution keys, since Jan. 1, 2009.