Factbox: US regional bank mergers gain momentum under Trump administration

MetroCity Bankshares

06/10/2025 13:59

Oct 6 (Reuters) - U.S. regional banks are ramping up mergers, fueled by expectations of a lighter regulatory approach under the Trump administration and the quest for bigger balance sheets that will help compete better against larger lenders amid economic and operational pressures.

On Monday, in the biggest U.S. bank deal this year, Fifth Third Bancorp FITB.O agreed to buy regional lender Comerica CMA.N in an all-stock deal for $10.9 billion, creating the ninth-largest lender in the country.

Here is an overview of the biggest deals in the space this year:

Target
Acquirer
Deal Value
Date Announced
Synovus FinancialSNV.N*
Pinnacle Financial Partners PNFP.O
$8.6 billion
24-Jul
FirstBank
PNC Financial PNC.N
$4.1 billion
8-Sep
Pacific Premier Bancorp
Columbia Banking System COLB.O
$2 billion
23-Apr
Veritex
Huntington Bancshares HBAN.O
$1.9 billion
14-Jul
Villages Bancorporation
Seacoast Banking Corporation of Florida SBCF.O
$710.8 million
29-May
FinemarkFNBT.PK
Commerce Bancshares CBSH.O
$585 million
16-Jun
HarborOne BancorpHONE.O
Eastern Bankshares EBC.O
$490 million
24-Apr
Dogwood State Bank DSBX.PK
TowneBank TOWN.O
$476.2 million
19-Aug
Guaranty Bancshares GNTY.N
Glacier Bancorp GBCI.N
$476.2 million
24-Jun
Southern States Bancshares
FB Financial FBK.N
$381 million
31-Mar
Vista Bancshares
National Bank Holdings NBHC.N
$369.1 million
15-Sep
Westfield Bancorp
First Financial Bancorp FFBC.O
$325 million
23-Jun
American Bank
Prosperity Bancshares PB.N
$321.5 million
18-Jul
Bank of Idaho
Glacier Bancorp GBCI.N
$245.4 million
13-Jan
ESSA Bancorp
CNB FinancialCCNE.O
$214 million
10-Jan
Provident Bancorp PVBC.O
NB Bancorp NBBK.O
$211.8 million
5-Jun
First IC FIEB.PK
MetroCity Bankshares MCBS.O
$206 million
17-Mar
Old Point Financial OPOF.O
TowneBank TOWN.O
$203 million
3-Apr

* Merger of equals

Source: LSEG, Reuters compilation

 (Reporting by Arasu Kannagi Basil, Ateev Bhandari and Pritam Biswas in Bengaluru; Editing by Sriraj Kalluvila)

 ((ArasuKannagi.Basil@thomsonreuters.com;))