DEFIANCE, Ohio _ First Defiance Financial Corp. on Monday reported fourth-quarter earnings increased by 14 percent to $5.8 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 56 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.
With narrowing margins and a growing regulatory burden, there are many reasons for small banks to throw in the towel and sell to competitors.
Prospective bank buyers are outweighing sellers, signaling that after a big lull in U.S. bank M&A last year, the market may revive in 2012.