2018 Q2 Bank M&A Review

Bank M&A Activity Remains Consistent in Second Quarter of 2018 According to New Research from Integrated Legacy Solutions


BIRMINGHAM, Ala. – Aug. 1, 2018 – Integrated Legacy Solutions (ILS), the leading provider of technology for image and data migrations and conversions to the financial services industry, today released its quarterly overview of bank merger and acquisition data for the second quarter of 2018. Derived from data provided by the Federal Reserve System, the research quantifies all U.S. bank M&A activity occurring between April 2018 and June 2018 to monitor larger trends in the space, including total mergers and acquisitions, activity by state and region, the asset sizes of acquired and acquiring banks and transaction pricing, among other insights.


There were a total of 65 bank M&A deals closed in Q2 2018, measuring up similarly to Q1 and Q2 2017, which resulted in 62 and 65 closed deals respectively. While closed M&A deal actively remained relatively flat through Q2 2018, the number of M&A deals recently announced by U.S. banks in Q2 appears to signal a more positive uptick in activity for the second half of 2018. For example, the recent announcement of Fifth Third Bank’s $4.7 bil. acquisition of MB Financial appears to have signaled the entry of some larger bank acquisitions that have previously been under the radar and are expected to gain momentum moving into Q3 2018.


For additional insight on today’s M&A activity, download ILS’ full Q2 2018 report by clicking HERE