A number of M&A-related articlesand analyst commentary on JPMorgan Chase & Co.'s better-than-expected second-quarterresults grabbed readers' attention this week.
The analystcommunity believes that Cathay GeneralBancorp's acquisition of Los Angeles-based SinoPac Bancorp is a low-risk deal at a good price.
MichiganCity, Ind.-based Horizon Bancorpagreed to acquire Attica, Ind.-based CNBBancorp. CNB Bancorp shareholders will receive cash consideration comprisinga special dividend and an amount to be paid by Horizon equal to 120% of remainingcapital.
's plannedacquisition of Ocean Shore HoldingCo. in southern New Jersey would push the lender over the $5 billionasset mark and put it at a size where it can most effectively manage regulatorycosts and maximize efficiency, the company's CEO said in an interview.
Bankswith CRE concentrations greater than 300% of their capital — a key threshold asregulators ramp up their focus on the space — could face an important strategiccrossroads and will have just a few options to respond, according to KBW analysts.
's better-than-expectedsecond-quarter results, bolstered by high trading volumes and healthy loan demand,could prove a precursor for other big banks as earnings season unfolds, analystssay.