U.S. Bancorp to Acquire BTIG in up to $1 Billion Bolt-On Deal

Capital Bancorp Acquires Integrated Financial Holdings in $66 Million Deal

March 29, 2024

Financial Services

Capital Bancorp will acquire Integrated Financial Holdings in a cash-and-stock merger agreement valued at $66 million. The deal is expected to expand Capital Bancorp’s nationwide government-guaranteed lending capabilities across USDA and SBA programs.

BMO Financial Group to Acquire Bank of the West for $16.3 Billion

December 20, 2021

Financial Services

BMO Financial Group, together with its subsidiary BMO Harris Bank N.A., signed a definitive agreement to purchase Bank of the West and its subsidiaries from BNP Paribas. The $16.3 billion cash deal is expected to close by the end of calendar 2022, subject to customary regulatory approvals, and will expand BMO’s U.S. presence—especially in California.

First Financial Bancorp to Acquire BankFinancial Corporation

January 1, 2026

Financial Services

First Financial Bancorp agreed to acquire Chicago-based BankFinancial Corporation in an all-stock transaction valued at approximately $142 million. The deal is intended to expand First Financial’s presence in the Chicago market, adding 18 financial centers and BankFinancial’s consumer, trust/wealth management, and selected commercial lending capabilities.

FNB Corporation to Acquire UB Bancorp (Union Bank) in All-Stock Merger

July 21, 2022

Financial Services

UB Bancorp, parent of Union Bank, announced that it has signed a definitive merger agreement under which FNB Corporation will acquire UB Bancorp in an all-stock transaction. The deal is contemplated to close during the fourth quarter of 2022, subject to regulatory approval and UB Bancorp and FNB shareholder approvals.

U.S. Bancorp to Acquire MUFG Union Bank’s Core Regional Banking Franchise

September 16, 2022

Financial Services

U.S. Bancorp agreed to acquire MUFG Union Bank's core regional banking franchise from Mitsubishi UFJ Financial Group. The deal is designed to deepen U.S. Bank’s West Coast footprint, expand customer access to technology and services, and includes a five-year $100 billion community benefits plan. U.S. Bancorp has received all required U.S. regulatory approvals and expects to close before the end of 2022, pending Japanese regulatory approval and other closing conditions.

Upbound Group Acquires Brigit for Up to $460 Million

December 16, 2024

AI & Machine Learning

Upbound Group, Inc. has entered into a definitive agreement to acquire Brigit, a financial health technology company, for total consideration of up to $460 million. The deal is expected to close in Q1 2025, subject to regulatory approvals and customary closing conditions, and will combine Brigit’s subscription cash-flow and credit-building platform with Upbound’s existing accessible financial solutions.