Current Table

TOP TEN BANK AND THRIFT DEALS ANNOUNCED IN 2011 (1)

($ millions)

Rank Buyer Target (State) Deal value (2)
1 Capital One Financial Corporation ING Bank, FSB (DE) $9,000.0
2 PNC Financial Services Group, Inc. RBC Bank (USA) (GA) 3,450.0
3 Comerica Incorporated Sterling Bancshares, Inc. (TX) 1,028.9
4 People's United Financial, Inc. Danvers Bancorp, Inc. (MA) 488.9
5 Susquehanna Bancshares, Inc. Tower Bancorp, Inc. (PA) 342.1
6 Susquehanna Bancshares, Inc. Abington Bancorp, Inc. (PA) 273.8
7 Valley National Bancorp State Bancorp, Inc. (NY) 266.9
8 Brookline Bancorp, Inc. Bancorp Rhode Island, Inc. (RI) 233.7
9 F.N.B. Corporation Parkvale Financial Corporation (PA) 163.0
10 Industrial and Commercial Bank of China Limited Bank of East Asia (USA), National Association (NY) 140.2

(1) Target is a U.S.-domiciled bank or thrift. List does not include terminated deals.
(2) At announcement.

Source: SNL Financial LC.

 
TOP TEN BANK AND THRIFT DEALS ANNOUNCED IN 2008 (1)

($ millions)

Rank Buyer (Location) Target (State) Deal Value (2)
1 Wells Fargo & Company (CA) Wachovia Corporation (NC) $15,127.2
2 PNC Financial Services Group, Inc. (PA) National City Corporation (OH) 5,603.7
3 Bank of America Corporation (NC) Countrywide Financial Corporation (CA) 4,145.3
4 Mitsubishi UFJ Financial Group, Inc. (FO) (3) UnionBanCal Corporation (CA) 3,808.1
5 Banco Santander, S.A. (FO) (3) Sovereign Bancorp, Inc. (PA) 1,909.9
6 Caja de Ahorros y Monte de Piedad de Madrid (FO) (3) City National Bancshares, Inc. (FL) 927.0
7 Capital One Financial Corporation (VA) Chevy Chase Bank, F.S.B. (MD) 520.0
8 M&T Bank Corporation (NY) Provident Bankshares Corporation (MD) 402.0
9 MatlinPatterson, LLC (NY) Flagstar Bancorp, Inc. (MI) 250.0
10 Wells Fargo & Company (CA) Century Bancshares, Inc. (TX) 188.5

(1) At least one of the companies involved is a U.S.-domiciled company. List does not include terminated deals. Bank or thrift is target.
(2) At announcement.
(3) FO=Foreign.

Source: SNL Financial LC.

 
TOP TEN BANK AND THRIFT DEALS ANNOUNCED IN 2009 (1)

($ millions)

Rank Buyer (Location) Target (State) Deal value (2)
1 First Niagara Financial Group, Inc. (NY) Harleysville National Corporation (PA) $239.8
2 Banco Sabadell SA (FO) (3) Mellon United National Bank (FL) 157.7
3 Union Bankshares Corporation (VA) First Market Bank, FSB (VA) 105.4
4 Investor group (FO) (3) Gibraltar Private Bank & Trust Co. (FL) 93.0
5 Tower Bancorp, Inc. (PA) First Chester County Corporation (PA) 64.8
6 Danvers Bancorp, Inc. (MA) Beverly National Corporation (MA) 60.9
7 BCB Bancorp, Inc. (NJ) Pamrapo Bancorp, Inc. (NJ) 46.9
8 First National Security Company (AR) Heritage Capital Corporation (AR) 39.6
9 Union Savings Bank (CT) First Litchfield Financial Corporation (CT) 36.9
10 Bryn Mawr Bank Corporation (PA) First Keystone Financial, Inc. (PA) 32.8

(1) Target is a U.S.-domiciled bank or thrift. List does not include terminated deals.
(2) At announcement.
(3) FO=Foreign.

Source: SNL Financial LC.

 
TOP TEN BANK AND THRIFT DEALS ANNOUNCED IN 2010 (1)

($ millions)

Rank Buyer Target (State) Deal value (2)
1 BMO Financial Group Marshall & Ilsley Corporation (WI) $5,799.0
2 Hancock Holding Company Whitney Holding Corporation (LA) 1,768.4
3 First Niagara Financial Group, Inc. NewAlliance Bancshares, Inc. (CT) 1,498.0
4 M&T Bank Corporation Wilmington Trust Corporation (DE) 351.3
5 Nara Bancorp, Inc. Center Financial Corporation (CA) 286.3
6 Toronto-Dominion Bank South Financial Group, Inc. (SC) 191.6
7 United Bankshares, Inc. Centra Financial Holdings, Inc. (WV) 185.4
8 Eastern Bank Corporation Wainwright Bank & Trust Company (MA) 162.8
9 Berkshire Hills Bancorp, Inc. Legacy Bancorp, Inc. (MA) 112.8
10 Community Bank System, Inc. Wilber Corporation (NY) 101.8

(1) Target is a U.S.-domiciled bank or thrift. List does not include terminated deals.
(2) At announcement.

Source: SNL Financial LC.