trending Market Intelligence /marketintelligence/en/news-insights/trending/i-faas_fiscmwcwsx0idsq2 content
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.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

South Dakota's CorTrust Bank, Minnesota-based State Bank of Delano to merge

Street Talk - Ep. 64: Coronavirus jumpstarts digital adoption

Street Talk Podcast

Street Talk - Ep. 63: Deal talks continue amid bank M&A freeze, setting up for strong Q4

Street Talk Podcast

Street Talk - Ep. 62: 'Brutal' outlook for oil demand offers banks in oil patch no relief

Amid Q1 APAC Fintech Funding Slump, Payment Companies Drove Investments

South Dakota's CorTrust Bank, Minnesota-based State Bank of Delano to merge

Minnesota-based State Bank of Delano is merging into Mitchell, S.D.-based CorTrust Bank NA, according to a regulatory filing obtained recently by S&P Global Market Intelligence.

SNL valuations for bank and thrift targets in the Midwest region between April 25, 2017, and April 25, 2018, averaged 162.86% of book and 168.57% of tangible book and had a median of 20.42x last-12-months earnings, on an aggregate basis.

Hopkins Financial Corp., majority-owner of CorTrust Bank, will enter Wright County, Minn., with one branch to be ranked eighth with a 4.44% share of approximately $1.77 billion in total market deposits.

CorTrust Bank had $806.8 million in assets as of March 31. State Bank of Delano, a unit of Delano State Agency Inc., had $90.9 million in assets as of the same date.

To use S&P Global Market Intelligence's branch analytics tools to compare market overlap, click here. To create custom maps, click here.

SNL Image