article thumbnail

Equity Bancshares, Inc. Adds to Missouri Franchise, Will Acquire Bank of Kirksville

Benzinga

06, 2023 (GLOBE NEWSWIRE) -- Equity Bancshares, Inc. NYSE: EQBK ) ("Equity" or the "Company"), the Wichita-based holding company of Equity Bank, announced today its entry into a definitive merger agreement with Rockhold Bancorp ("Rockhold"), the parent company of the Bank of Kirksville in Kirksville, Missouri.

Banking 40
article thumbnail

Good (Bad) Banks and Good (Bad) Investments: At the right price.

Musings on Markets

I also used the banking framework to argue that good banks have stickier deposits, with a higher precent of these deposits being non-interest bearing, that they invest in loans and investment securities on which they earn interest rates that cover and exceed the default risk in these investments. All Equity, All the time!

Banking 63
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Dark Art of Bank Fair-Value Accounting Needs More Transparency

Reynolds Holding

Loan accounting in a bank should be straightforward, delivering predictable and transparent results. While judgment is involved when loan performance deteriorates, the goal of management and outside accountants should be a presentation that maximizes comparability between banks and minimizes idiosyncratic outcomes. percent to 8.9

Banking 59
article thumbnail

Power & Utilities Investment Banking: How to Turn Yourself into an Electrified ESG Warrior

Brian DeChesare

The power & utilities investment banking team has a reputation for being “boring.”. We’ll get into these fun developments, but I want to start with the basic definitions: Power & Utilities Investment Banking Defined. ” Different banks classify their power & utilities groups differently.

Banking 93
article thumbnail

National Bank Holdings Corporation Announces First Quarter 2022 Financial Results and Agreement to Acquire Rock Canyon Bank

Benzinga

DENVER, April 18, 2022 (GLOBE NEWSWIRE) -- National Bank Holdings Corporation (NYSE: NBHC ) reported: . . . . . . . . . . . . Return on average tangible common equity (1). . . Equally important, this acquisition strengthens our position as a premier regional bank serving the fast-growing Salt Lake City region.

Banking 40
article thumbnail

Customers Bancorp Acquires $631M Loan Portfolio From FDIC

Benzinga

Customers Bancorp (NYSE: CUBI ) has acquired a $631 million venture banking loan portfolio from the FDIC at ~85% of book value. CUBI also hired 30 team members from the loan origination group to support the venture-backed growing industry from seed to late-stage. Full story available on Benzinga.com

article thumbnail

Banc of California and PacWest Announce Transformational Merger and $400 Million Equity Raise from Warburg Pincus and Centerbridge

Benzinga

will merge into Pacific Western Bank. The combined holding company and bank will operate under the Banc of California name and brand following closing of the transaction. and BEVERLY HILLS, Calif., July 25, 2023 (GLOBE NEWSWIRE) -- Banc of California, Inc.

Equity 40