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Synchrony buys financing software provider
Versatile Credit’s consumer financing platform can lead to more sales for merchants and increase access to credit for consumers, the issuer said.
By Caitlin Mullen • Oct. 3, 2025 -
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Prosperity scoops up another Texas bank for $269M
The Houston-based lender, which “treats M&A as a line of business,” is likely to consider more acquisition opportunities while closing and integrating its two most recently announced deals, an analyst said.
By Caitlin Mullen • Oct. 2, 2025 -
Explore the Trendline➔
Permission granted by Frost Bank
TrendlineTop 5 stories from Banking Dive
Since the approval of Capital One’s acquisition of Discover, banks have increasingly waded into new deals. Beyond that, they’ve doubled down on strategy, from organic growth to branch placement to app design.
By Banking Dive staff -
Caitlin Mullen/Banking Dive
Wells Fargo tweaks SMB to fuel growth
April Schneider, who joined Wells from BofA last year, said her segment is one of the “top priority rails” on the bank’s growth map.
By Caitlin Mullen • Oct. 2, 2025 -
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2026 banking conference roundup
Gatherings can be idea generators, or crucial chances to network — especially amid an environment where political change can yield previously unexpected possibilities and partnerships.
By Dan Ennis • Oct. 1, 2025 -
Spencer Platt / Staff via Getty Images
TD wants to get ‘back to winning’
The Canadian lender’s executives detailed plans to slash costs by $1.8 billion a year and deepen customer relationships to make the bank more efficient while revving up revenue growth.
By Caitlin Mullen • Sept. 30, 2025 -
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Washington banks to combine in $176.6M deal
Heritage Financial will buy Kitsap Bank – adding 17 locations to bolster its presence on two peninsulas west of Seattle. It’ll be Heritage’s first acquisition since 2018.
By Dan Ennis • Sept. 29, 2025 -
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Mid Penn to buy NJ bank, Florida investment firm
The serial acquirer seeks to buy its seventh bank in about 11 years, New Jersey-based 1st Colonial, for $101 million. The following day, Mid Penn said it’s acquiring an investment management firm, too.
By Caitlin Mullen • Sept. 29, 2025 -
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Indiana’s First Merchants to buy in-state peer for $241.3M
The deal would give the Muncie, Indiana-based bank $21 billion in assets and entry to the neighboring Louisville, Kentucky, market.
By Gabrielle Saulsbery • Sept. 26, 2025 -
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Citi sells 25% stake in Banamex for $2.3B
The bank incurred a $726 million goodwill impairment charge from the transaction, which is set to close in the second half of 2026.
By Dan Ennis • Sept. 25, 2025 -
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Flatirons Bank sues competitor over ‘aggressive’ turf war
A Colorado bank and its Virginia rival, Eastern Point Trust Co., have traded lawsuits that have alleged anticompetitive practices and intellectual property infringement in the qualified settlement fund space.
By Gabrielle Saulsbery • Sept. 25, 2025 -
Courtesy of Revolut Press Kit
Revolut to invest $13B in global expansion
The U.K. bank is eyeing 30 new markets by 2030, and 100 million global customers by 2027.
By Gabrielle Saulsbery • Sept. 24, 2025 -
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QNB to buy smaller Pennsylvania bank for $41M
The transaction, expected to close as soon as the fourth quarter, will create a company with about $2.4 billion in assets and a combined market cap of $173 million.
By Gabrielle Saulsbery • Sept. 24, 2025 -
Permission granted by Office of the Comptroller of the Currency
OCC bans five from TD, Wells, PNC
Five former bank employees have been penalized in cases that involve alleged PPP fraud, misappropriation and theft.
By Gabrielle Saulsbery • Sept. 22, 2025 -
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First Interstate CEO: Colorado ‘a better opportunity’ after PNC move
Jim Reuter – who spent 37 years at FirstBank, most recently as CEO – said PNC’s acquisition of the Colorado bank creates opportunities for other local lenders to snag customers and talent.
By Caitlin Mullen • Sept. 19, 2025 -
Alamy
BMO taps insider as next CFO
Rahul Nalgirkar, CFO of the bank’s U.S. operations, will succeed Tayfun Tuzun, who is set to retire early next year. Like Tuzun, Nalgirkar is a Fifth Third alum.
By Dan Ennis • Sept. 19, 2025 -
Caitlin Mullen/Banking Dive
BofA boosts minimum hourly wage to $25
The Charlotte, North Carolina-based bank followed through on a 2021 promise to raise its pay floor to that level. And it’s not the only lender to do so this year.
By Caitlin Mullen • Sept. 17, 2025 -
Retrieved from Ally on July 23, 2025
Q&AAlly CIO: Pace of tech change ‘weighs on me’
Sathish Muthukrishnan, the bank’s chief information, data and digital officer, shared what’s surprised him about the use of Ally’s AI platform and the challenges of keeping up with rapid tech evolution.
By Caitlin Mullen • Sept. 17, 2025 -
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National Bank Holdings to acquire Texas lender for $369M
Acquiring privately held Vista, which has operations in Texas and Florida, would push Denver-based NBH to $12.4 billion in total assets.
By Caitlin Mullen • Sept. 16, 2025 -
Lund, Ken. Retrieved from Flickr.
Washington bank sued by hedge fund names next CEO
Curt Queyrouze, most recently president of Coastal Community Bank, was chosen as First Fed’s next CEO, following the resignation of former CEO Matthew Deines in July.
By Caitlin Mullen • Sept. 15, 2025 -
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Zions CEO eyes acquisition opportunities
The $89 billion-asset regional is “a really good partner” for small banks that “are going to be looking for a home,” its CEO said this week.
By Caitlin Mullen • Sept. 12, 2025 -
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TD names next COO, general counsel
The Canadian lender hired its incoming operations chief from HSBC and general counsel from BMO. Meanwhile, a 37-year TD vet will take on a global marketing role.
By Gabrielle Saulsbery • Sept. 11, 2025 -
Permission granted by Pinnacle Financial Partners
Merger with Synovus isn’t ‘Truist 2.0,’ Pinnacle CEO says
The CEOs of Pinnacle and Synovus sought to assure investors that they learned from other recent mergers of equals and sorted out a number of decisions early on.
By Caitlin Mullen • Sept. 11, 2025 -
Courtesy of PNC
PNC CEO: ‘We just effectively bought Colorado’
If PNC finds another acquisition target like FirstBank, “we’d probably do it,” CEO Bill Demchak said Tuesday, adding, “the path to growth is long and curious, and unpredictable.”
By Caitlin Mullen • Sept. 10, 2025 -
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Minnesota’s Bremer Bank to lay off 244 after sale to Old National
The employee reductions will go into effect in October and November, according to a WARN notice filed with the state. Old National’s acquisition of Bremer closed May 1.
By Gabrielle Saulsbery • Sept. 10, 2025 -
Alamy
PNC to acquire FirstBank in $4.1B deal
The move would triple PNC’s presence in Colorado and boost its Arizona footprint by more than a dozen branches, the bank said.
By Caitlin Mullen • Sept. 8, 2025
