Regional Banks Ramp Up M&A Deals to Strengthen Balance Sheet

The merger and acquisitions (M&A) activity among the U.S. regional banks is showing signs of a rebound this year following subdued 2023. More regional banks are resorting to M&As to strengthen their balance sheets amid enhanced competitiveness for low-cost deposits. Per Dealogic data, regional banks with assets between $10 billion and$100 billion have completed 38 deals year to date. This exceeds the 29 deals recorded during the same period last year. Since last year, the regional banking sector has been u ...