What banks are hunting for acquisitions in Florida? (Slideshow)

Tampa-based American Momentum Bank has plenty of capital and has explored acquisitions.

The rush for bank acquisitions in Florida is heating up and some big names are kicking the tires of available institutions.

A feature story in the print edition of all four Florida Business Journal publications looked at the market for bank mergers and acquisitions. Experts say conditions are promising for deals, especially because many banks value doing business in the Sunshine State.

Click on the slideshow of banks that have expressed interesting in purchasing Florida banks. In some cases, these banks have pending mergers awaiting regulatory approval.

All of these institutions are looking to grow and have plenty of capital to do so organically. But if they want to jumpstart their plans, an acquisition is the way to go.

Who might the targets be?

Here are lists of Florida banks for sale and banks that might seek a buyer because they need to raise capital.

Brian Bandell covers banking, finance, health care and education. Get the latest banking industry news here.

Source: http://feeds.bizjournals.com/~r/vertical_24/~3/j44Nd4naNig/what-banks-are-hunting-for.html

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