Bank merger-and-acquisition activity—the vast majority of it involving community lenders as the targets—continued at a steady but modestly slower clip during the first five months of 2017. But the pace picked up notably in the Southeast region, with activity strongest in North Carolina and Florida.
Southeast bested only by Midwest
Through May 23, there were 27 bank and thrift deals announced in the Southeast, up from 18 during the same period of 2016, according to an S&P Global Market Intelligence analysis. The 2017 tally includes six deals each in North Carolina and Florida.