$BTFG News

Last published 13y ago

13y agoKBW TRMK BTFGKBW Announces Change to KBW Regional Banking Index (KRXSM)Business WireNEW YORK--(BUSINESS WIRE)--Keefe, Bruyette & Woods, Inc., a full-service investment bank that specializes in the financial services sector, and a wholly owned subsidiary of KBW, Inc. (NYSE: KBW), announces the following change:
13y agoTRMK BTFGTrustmark Corporation Receives Regulatory Approval for Merger with BancTrust Financial Group, Inc.Business WireJACKSON, Miss. & MOBILE, Ala.--(BUSINESS WIRE)--Trustmark Corporation (NASDAQ:TRMK) (“Trustmark”) and BancTrust Financial Group, Inc. (NASDAQ:BTFG) (“BancTrust”) announced today that all required regulatory approvals have been received in connection with the proposed merger of BancTrust into Trustmark. Subject to customary closing conditions contained in the merger agreement, the transaction is ex ...
13y agoTRMK BTFGTrustmark Corporation Receives Regulatory Approval for Merger with BancTrust Financial Group, Inc.Business WireJACKSON, Miss. & MOBILE, Ala.--(BUSINESS WIRE)--Trustmark Corporation (NASDAQ:TRMK) (“Trustmark”) and BancTrust Financial Group, Inc. (NASDAQ:BTFG) (“BancTrust”) announced today that all required regulatory approvals have been received in connection with the proposed merger of BancTrust into Trustmark. Subject to customary closing conditions contained in the merger agreement, the transaction is ex ...
14y agoBTFGBancTrust Financial Group, Inc. Reports Third Quarter ResultsBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (BancTrust) (NASDAQ:BTFG) today reported its financial results for the third quarter and nine months ended September 30, 2012. The Company reported a net loss to common shareholders of $10.3 million, or $0.57 per fully diluted share, for the third quarter of 2012 compared with a net loss to common shareholders of $743,000, or $0.04 per ...
14y agoTRMK BTFGTrustmark Corporation and BancTrust Financial Group Provide Merger UpdateBusiness WireJACKSON, Miss. & MOBILE, Ala.--(BUSINESS WIRE)--Trustmark Corporation (NASDAQ:TRMK) (“Trustmark”) and BancTrust Financial Group, Inc. (NASDAQ:BTFG) (“BancTrust”) announced that the definitive agreement dated May 28, 2012, pursuant to which BancTrust will merge into Trustmark has been amended to accommodate the closing of the merger in early 2013. As such, the latest possible closing date for the m ...
14y agoBTFG TRMKBancTrust Financial Group, Inc. Reports Second Quarter ResultsBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) today reported its financial results for the second quarter and six months ended June 30, 2012. The Company reported a net loss to common shareholders of $12.8 million, or $0.71 per fully diluted share, for the second quarter of 2012 compared with net income available to common shareholders of $35,000, or $0.00 per fully ...
14y agoBTFGLaw Office of Brodsky & Smith, LLC Announces Investigation of BancTrust Financial Group, Inc.Business WireBALA CYNWYD, Pa.--(BUSINESS WIRE)--Law office of Brodsky & Smith, LLC announces that it is investigating potential claims against the Board of Directors of BancTrust Financial Group, Inc. (“BancTrust” or the “Company”) (Nasdaq- BTFG) relating to the proposed acquisition by Trustmark Corporation. (“Trustmark”).
14y agoBTFGBancTrust Financial Group Alert: The Securities Attorneys at The Briscoe Law Firm and Powers Taylor, LLP Announce Investigation of the Acquisition of BancTrust Financial Group, Inc. by Trustmark CorporationBusiness WireDALLAS--(BUSINESS WIRE)--Former United States Securities and Exchange Commission attorney Willie Briscoe and the securities litigation firm of Powers Taylor, LLP are investigating the sale of BancTrust Financial Group, Inc. (“BancTrust” or “BTFG”) (NASDAQ: BTFG) to Trustmark Corporation for shareholders. Under the proposed acquisition agreement, BancTrust shareholders will receive only 0.125 share ...
14y agoTRMK BTFGTrustmark Corporation and BancTrust Financial Group, Inc. Announce Definitive Merger AgreementBusiness WireJACKSON, Miss. & MOBILE, Ala.--(BUSINESS WIRE)--Trustmark Corporation (NASDAQ:TRMK) (“Trustmark”) and BancTrust Financial Group, Inc. (NASDAQ:BTFG) (“BancTrust”) announced today the signing of a definitive agreement pursuant to which BancTrust will merge into Trustmark. BancTrust has 49 offices throughout Alabama and the Florida Panhandle with $1.3 billion in loans and $1.8 billion in deposits as ...
14y agoBTFGBancTrust Financial Group, Inc. Reports First Quarter ResultsBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) today reported its financial results for the first quarter ended March 31, 2012. The Company reported first quarter 2012 net income, before preferred dividends, of $636,000 compared with net income, before preferred dividends, of $1.0 million in the first quarter of 2011. Net loss to common shareholders was $142,000, or ...
14y agoBTFGBancTrust Financial Group, Inc. Announces Modification of Loan Agreement and Delay in Filing Annual Report on Form 10-KBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) (the “Company” or “BancTrust”) today announced that it has entered into a Modification of Loan Documents with the Federal Deposit Insurance Corporation, as Receiver of Silverton Bank, National Association, as lender, that amends the Loan Agreement and related Promissory Note dated October 16, 2007, between the Company an ...
14y agoBTFGBancTrust Financial Group, Inc. Announces End of Capital Raise as an Independent Entity and Review of Strategic AlternativesBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) (the “Company” or “BancTrust”) today announced it has ended its efforts to recapitalize the Company as an independent entity. Previously, the Company entered into an agreement with two private equity firms to serve as lead investors providing approximately 49% of the anticipated capital to be raised. In turn, the Company ...
14y agoBTFGBancTrust Financial Group, Inc. Reports Fourth Quarter and Fiscal 2011 ResultsBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) today reported its financial results for the fourth quarter and year ended December 31, 2011. Fourth quarter net loss before the preferred dividend was $195,000 in 2011 compared with net income of $974,000 for the fourth quarter of 2010. Net loss to common shareholders was $971,000, or $0.05 per diluted share, for the fo ...
15y agoBTFGBancTrust Financial Group, Inc. Reports Third Quarter ResultsBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) today reported its financial results for the third quarter and nine months ended September 30, 2011. Net income before the preferred dividend was $31,000 in the third quarter of 2011 compared with $807,000 for the same period in 2010. Net loss to common shareholders was $743,000, or $0.04 per diluted share, for the third ...
15y agoBTFGBancTrust Financial Group, Inc. Reports Second Quarter ProfitBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) today reported its financial results for the second quarter and six months ended June 30, 2011. The Company reported that its second quarter 2011 net income, before the preferred dividend, was $806,000 compared with net income, before the preferred dividend, of $969,000 in the second quarter of 2010. Net income available ...
15y agoBTFGBancTrust Financial Group, Inc. Reports First Quarter ResultsBusiness WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) today reported its financial results for the quarter ended March 31, 2011. The Company reported that its first quarter 2011 net income, before the preferred dividend, was $1.0 million compared with net income, before the preferred dividend, of $1.1 million in the first quarter of 2010. Net income available to common shar ...
15y agoBTFGBancTrust Financial Group, Inc. Reports Growth in Net Income for 2010Business WireMOBILE, Ala.--(BUSINESS WIRE)--BancTrust Financial Group, Inc. (NASDAQ: BTFG) today reported its financial results for the fourth quarter and year ended December 31, 2010. The Company reported that net income available to common shareholders was $842,000, or $0.05 per diluted share, compared with a net loss of $124.3 million, or $7.06 per diluted share, for 2009. The 2009 results included a write- ...