List of bank mergers in the United States
This is a partial list of major banking company mergers in the United States.
Table
Mergers chart
This 2012 chart shows some of the mergers noted above. Solid arrows point from the acquiring bank to the acquired one. The lines are labeled with the year of the deal and color-coded from blue (older) to red (newer). Dotted arrows point to the final merged entity.
References
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- ^ "To Merge Trust Companies; Three Concerns with $50,000,000 in Deposits to Unite". The New York Times. New York City, New York, United States. April 12, 1905. p. 1. Retrieved July 12, 2017.
- ^ "Oriental Bank Merged", The New York Times, New York City, p. 6, February 19, 1909, retrieved January 19, 2017
- ^ Staff (February 17, 1911). "Phenix National 188; This Price Fixed by Committee for Merger with Chatham National". The New York Times. p. 14. Retrieved February 16, 2017.
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- ^ "Mutual Alliance Takes Over Bank; National Reserve Office Will Continue as Branch of Trust Company.", The New York Times, New York City, p. 12, January 28, 1914, retrieved January 19, 2017
- ^ "$32,000,000 Merger of Banks Effected; Sum Represents Deposits of Chatham-Phenix National and Alliance Trust. Terms Not Made Public - Century Takes Over Branches -- $10,400,000 of Assets Moved After Business Hours.", The New York Times, New York City, p. 5, January 15, 1915, retrieved January 20, 2017
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- ^ "State Backs Plan For Bank Merger". New York Times. December 10, 1964. ProQuest 115918173. Retrieved August 16, 2020.
- ^ "Notice of Proposed Bank Merger". Press and Sun-Bulletin. Binghamton, New York. October 30, 1975. Retrieved August 16, 2020.
- ^ a b c Fix, Janet L. (August 1, 1987). "N.j. Bank To Acquire Fidelcor $1.34 Billion Deal Is Biggest Merger". Philadelphia. Philadelphia Inquirer. Archived from the original on October 21, 2013. Retrieved October 15, 2013.
- ^ Berg, Eric N. (August 1, 1987). "$1.34 Billion Banking Merger Set: First Fidelity to Swap Stock for Fidelcor". The New York Times. Retrieved June 22, 2020.
- ^ "Corporate History". pnc.com. PNC. 2012. Retrieved November 25, 2013.
- ^ "Michigan firm to buy Gainer for $134 million". Northwest Indiana Times.
- ^ Robert Hurtado (December 24, 1991). "Rate Cuts Push Dow Over 3,000". The New York Times.
- ^ "FIRST FIDELITY ACQUIRES ATLANTIC FINANCIAL'S 29 OFFICES IN PHILADELPHIA AREA AND $991 MILLION IN DEPOSITS" (Press release). First Fidelity via PR Newswire. November 15, 1991. Retrieved October 15, 2013.
- ^ "NBD Bancorp Plans $900-Million Purchase". The Los Angeles Times. March 19, 1992.
- ^ "NBD SIGNS DEAL TO BUY AMERIFED". Chicago Tribune.
- ^ Knox, Andrea and Andrew Cassell (April 19, 1995). "Phila. Becomes A Second Home For First Fidelity; Corestates Was The Only Major Bank Headquartered Here. Now, It Has Company From Newark, N.j." Philadelphia. Philadelphia Inquirer. Archived from the original on March 4, 2016. Retrieved October 15, 2013.
- ^ "NBD BOLSTERS ITS SUBURBAN STATURE WITH DEERBANK DEAL". Chicago Tribune.
- ^ "First Chicago and NBD to Merge as Banks Scurry to Grow". New York Times. July 13, 1995.
- ^ O'BRIEN, TIMOTHY L. (April 4, 1998). "Astoria Financial to Buy Long Island Bank in $1.8 Billion Deal". The New York Times.
- ^ "Wells Fargo - 1999 News Releases". Archived from the original on March 19, 2006. Retrieved May 5, 2012.
- ^ "National Commerce to acquire CCB Financial". BridgeTower Media. March 21, 2000. Retrieved March 11, 2026.
- ^ Jim Wooldridge (January 26, 2001). "Royal Bank of Canada to acquire Centura". Blue Ridge Now. Retrieved March 11, 2026.
- ^ "SunTrust to buy National Commerce Financial". Atlanta Business Chronicle. May 9, 2004.
- ^ Barbash, Fred (July 16, 2004). "Riggs Bank Sold to PNC Financial Services Group". Washington Post.
- ^ Capital One Financial Corporation (November 16, 2005). "Capital One Completes Acquisition of Hibernia Corporation".
- ^ "Wachovia Corporation To Acquire Westcorp And WFS Financial Inc In $3.91 Billion Transaction" (Press release). Wachovia. September 12, 2005. Archived from the original on January 14, 2006. Retrieved March 6, 2007.
- ^ Capital One Financial Corporation (December 1, 2006). "Capital One Completes Acquisition of North Fork Bancorporation".
- ^ Wachovia Corporation (May 7, 2006). "Wachovia to Acquire Golden West Financial".
- ^ Guerrera, Francesco; Sender, Henny (March 16, 2008). "JPMorgan to buy Bear Stearns for $236m". Financial Times. Retrieved December 9, 2018.
- ^ David Ellis (October 3, 2008). "Wachovia: Wells in, Citi out". CNN Money.
- ^ Eric Dash and Andrew Ross Sorkin (September 26, 2008). "Government Seizes WaMu and Sells Some Assets". New York Times.
- ^ Boye, Will (August 31, 2007). "First Charter buy gives Fifth Third hold in South". Business Courier of Cincinnati. Retrieved May 10, 2010.
- ^ Dan Fitzpatrick, David Enrich and Damian Paletta (October 25, 2008). "PNC Buys National City in Bank Shakeout". The Wall Street Journal.
- ^ Matthias Rieker (June 17, 2011). "Capital One Wins ING Direct USA". The Wall Street Journal.
- ^ Nicholson, Chris V. (January 18, 2011). "Comerica to Buy Sterling Bancshares for $1 Billion". The New York Times.
- ^ Craver, Richard (July 21, 2016). "Yadkin Financial agrees to be sold to Pittsburgh bank for $1.4 billion". Winston-Salem Journal. Retrieved July 21, 2016.
- ^ Craver, Richard (June 16, 2017). "Nashville bank completes $1.9 billion purchase of BNC Bancorp". Winston-Salem Journal. Retrieved June 29, 2017.
- ^ "Regional bank Sterling Bancorp to buy Astoria for $2.2 billion". Reuters. March 7, 2017. Retrieved February 11, 2026.
- ^ Craver, Richard (September 12, 2017). "Capital Bank shareholders approve $2.2 billion offer from First Horizon". Winston-Salem Journal. Retrieved May 2, 2019.
- ^ "Synovus completes $2.9B acquisition of Florida's FCB Financial". www.bizjournals.com. January 2, 2019. Retrieved October 4, 2019.
- ^ Chad Livengood (January 28, 2019). "Chemical Bank to acquire TCF in $3.6 billion deal that creates Midwest powerhouse". Donnelly Penman & Partners. Retrieved March 11, 2026.
- ^ Coolidge, Alexander (May 21, 2018). "Fifth Third spends $4.7 billion for Chicago's MB Financial". USA Today. The Cincinnati Enquirer.
- ^ Paul Davis (November 4, 2019). "First Horizon, Iberiabank in year's second-biggest bank merger". Arizent. Retrieved February 9, 2026.
- ^ Bouffard, Kevin (July 20, 2020). "CenterState completes merger with SouthState, but changes will take time". The Ledger. Retrieved May 27, 2021.
- ^ Sabatini, Patricia (June 1, 2021). "PNC completes takeover of BBVA USA, making the Pittsburgh bank the fifth-largest in the country". Pittsburghe Post-Gazette. Archived from the original on June 3, 2021. Retrieved October 18, 2021.
- ^ Anna Hrushka (April 12, 2021). "BancorpSouth to buy Cadence Bank in $2.8B all-stock deal". TechTarget. Retrieved February 9, 2026.
- ^ "TCF Financial Gains on $6 Billion Huntington Bancshares Deal". TheStreet.com. December 14, 2020.
- ^ Gosselin, Kenneth R. (February 1, 2022). "Webster Bank completes deal for New York lender, adding branch banking options for customers". Hartford Courant.
- ^ Jonathan Ponciano (October 16, 2020). "A New Big Bank Is Born: First Citizens Buys CIT Group To Create A $100 Billion Institution". Forbes. Retrieved February 9, 2026.
- ^ Schwarz, Orrin (June 1, 2021). "First Midwest to merge with Indiana bank". Daily Herald. Retrieved August 18, 2021.
- ^ "First Interstate BancSystem acquires Great Western Bancorp for $2 billion". Banking Exchange. February 2, 2022. Retrieved March 9, 2022.
- ^ "M&T Bank completes $8.3 billion acquisition of People's United". Vermont Biz. April 4, 2022.
- ^ "Citizens Financial Group Completes Acquisition of Investors Bancorp" (Press release). April 7, 2022. Retrieved August 6, 2022.
- ^ Anna Hrushka (April 26, 2021). "New York Community Bank to buy Flagstar in $2.6B all-stock deal". TechTarget. Retrieved February 9, 2026.
- ^ Kumar, Kavita (December 1, 2022). "U.S. Bancorp completes $8 billion acquisition of West Coast's MUFG Union Bank". Star Tribune.
- ^ "Bank of Montreal expands U.S. presence with $16 bln purchase of Bank of the West from BNP Paribas". Reuters. December 20, 2021. Archived from the original on December 20, 2021. Retrieved May 14, 2022.
- ^ "Canada's TD Bank eyes further U.S. expansion with $1.3 billion Cowen purchase". CNBC. August 2, 2022. Retrieved August 3, 2022.
- ^ Hirsch, Lauren (March 27, 2023). "Silicon Valley Bank Sold to First Citizens in Government-Backed Deal". The New York Times. Retrieved May 4, 2023.
- ^ "Subsidiary of New York Community Bancorp, Inc., to Assume Deposits of Signature Bridge Bank, N.A., From the FDIC". Federal Deposit Insurance Corporation. March 19, 2023. Archived from the original on March 20, 2023. Retrieved March 19, 2023.
- ^ Farrell, Maureen; Smialek, Jeanna; Hirsch, Lauren (May 1, 2023). "First Republic Bank Is Seized by Regulators and Sold to JPMorgan Chase". The New York Times. Retrieved May 1, 2023.
- ^ Zoe Sagalow, Gaby Villaluz (December 6, 2023). "Banc of California-PacWest secure unusually swift deal close". S&P Global. Retrieved February 9, 2026.
- ^ "McKinney-based Independent Bank Group acquired by Florida Bank". The Dallas Morning News. Retrieved May 26, 2024.
- ^ Basil, Arasu Kannagi (October 21, 2024). "Atlantic Union to buy Sandy Spring for $1.6 bln in latest US regional bank deal". Reuters.
- ^ "Huntington Bancshares signs $1.9 billion deal for rival Veritex in Texas push". Reuters. July 14, 2025.
- ^ "Pinnacle Financial Completes $8.6B All-Stock Merger With Synovus". Yahoo! Finance. Retrieved January 10, 2026.
- ^ "PNC expansion: Bank to acquire FirstBank for $4.1 billion, deal to boost presence in Colorado and Arizona". The Times of India. September 8, 2025. ISSN 0971-8257. Retrieved September 9, 2025.
- ^ Wethington, Paula (October 6, 2025). "Fifth Third Bank to buy Comerica in $10.9 billion stock transaction". CBS News Detroit. Retrieved October 7, 2025.
- ^ "Regional lender Huntington to buy smaller rival Cadence Bank in $7.4 billion deal". Reuters. October 27, 2025.
Citations
- Stephen A. Rhoades, "Bank Mergers and Industrywide Structure, 1980–1994," Washington: Board of Governors of the Federal Reanuary 1996. (Staff study 169)
- Steven J. Pilloff, "Bank Merger Activity in the United States, 1994–2003," Washington: Board of Governors of the Federal Reserve System, May 2004. (Staff study 176)
- Institute of Mergers, Acquisitions and Alliances (MANDA) M&A An academic research institute on mergers & acquisitions, including bank mergers
- Mellon Merger, The New York Times, April 7, 1983