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bancgroup

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Colonial Bancgroup Nears the End
Another big U.S. banking company is close to collapse. Colonial Bancgroup, already the subject of a federal criminal investigation and mired in regulatory and financial problems, is one step closer to being taken over by the FDIC now that Bank of America is suing it for $1 billion. ...
Tags: Bank, Bank Of America Corp., FDIC, Financial, Bancgroup, Financial Services, Financial Accounting, Finance, Alain Sherter
Blog posts 2009-08-13

Additional Resources

Colonial BancGroup to Acquire Commercial Bank of Florida
MONTGOMERY, Ala. -- Colonial BancGroup Chairman, CEO and President, Robert E. Lowder, announced today that The Colonial BancGroup, Inc. (NYSE: CNB) has entered into a definitive agreement to merge Commercial Bankshares, Inc. and its subsidiary Commercial Bank of Florida into The Colonial BancGroup, Inc and Colonial Bank, N.A. Under the...
Tags: Colonial BancGroup Inc., FINANCE, Florida, INTERNET, SEC, shareholder
Research articles 2007-01-23
Colonial BancGroup and Southland Bancorporation terminate merger agreement
MONTGOMERY, Ala.--BUSINESS WIRE--Sept. 22, 1995--Robert E. Lowder, chairman of the board and chief executive officer of the Colonial BancGroup Inc. (NYSE:CNB) and Southland Bancorporation chairman Winn F. Martin jointly announced today that the companies have mutually agreed to terminate the letter of intent to merge Southland Bancorporation into Colonial BancGroup...
Tags: Alabama, Business Wire, chairman, FINANCE, Investment, merger
Research articles 1995-09-22
Colonial BancGroup Declares Dividend Payment
MONTGOMERY, Ala.--BUSINESS WIRE--April 21, 1999-- Colonial BancGroup (NYSE: CNB) Chairman and Chief Executive Officer Robert E. Lowder announced that at the board of directors meeting held today, a regular quarterly dividend of nine and 1/2 cents ($0.095) per share of Colonial BancGroup common stock was declared. At the...
Tags: Alabama, Business Wire, dividend, FINANCE
Research articles 1999-04-21
Colonial BancGroup Declares Dividend Payment
MONTGOMERY, Ala.--BUSINESS WIRE--July 21, 1999-- Colonial BancGroup (NYSE:CNB) Chairman and Chief Executive Officer Robert E. Lowder announced that at the board of directors meeting held today, a regular quarterly dividend of nine and 1/2 cents ($0.095) per share of Colonial BancGroup common stock was declared. At the quarterly...
Tags: Alabama, Business Wire, dividend, FINANCE
Research articles 1999-07-21
Colonial BancGroup to Acquire Union Bank of Florida
MONTGOMERY, Ala. -- Colonial BancGroup (NYSE:CNB) Chairman and CEO Robert E. Lowder and Union Bank of Florida Chairman, Steve Saiontz, jointly announced today that the companies have entered into a definitive agreement for Colonial BancGroup to acquire Union Bank of Florida. The transaction represents an aggregate consideration totaling approximately $233...
Tags: Union Bank
Research articles 2004-09-28
Colonial BancGroup stock lists on New York Stock Exchange
MONTGOMERY, Ala.--BUSINESS WIRE--March 2, 1995--Colonial BancGroup Chairman of the Board, Chief Executive Officer and President Robert E. Lowder announced today that Colonial BancGroup stock began trading on the New York Stock Exchange on Friday, Feb. 24, under its new ticker symbol, CNB.
Tags: NYSE Euronext, stock
Research articles 1995-03-02
Colonial BancGroup to Present at Lehman Brothers Financial Services Conference
MONTGOMERY, Ala. -- The Colonial BancGroup, Inc. (NYSE:CNB) announced that it will participate in the Lehman Brothers Financial Services Conference to be held September 13-15, 2004 in New York City. Colonial BancGroup Chairman & CEO, Robert E. Lowder, is scheduled to give a presentation at 7:45 am/eastern at The Hilton...
Tags: financial service, Lehman Brothers Inc.
Research articles 2004-09-07
Palm Beach National Bank & Trust Co. (In the News).(has been acquired by Colonial BancGroup)(Brief Article)
PALM BEACH--Colonial BancGroup of Montgomery, Ala., has acquired Palm Beach National Bank & Trust Co. in a stock exchange deal ... PALM BEACH--Colonial BancGroup of Montgomery, Ala., has acquired Palm Beach National Bank & Trust Co. in a stock exchange deal valued at $105 million. The...
Tags: bank, Palm Beach, Palm Inc.
Research articles 2002-11-01
Colonial BancGroup to Present at Lehman Brothers Financial Services Conference in London
MONTGOMERY, Ala. -- Colonial BancGroup (NYSE:CNB) announced that it will participate in Lehman Brothers' 2006 Financial Services Conference to be held May 17-18, 2006 in London, England. Colonial BancGroup Chairman & CEO, Robert E. Lowder, CFO, Sarah Moore and COO, Patti Hill are scheduled to give a presentation on May...
Tags: financial service, Lehman Brothers Inc.
Research articles 2006-05-11
Colonial BancGroup to Present at Piper Jaffray Retail Banking and Financial Services Symposium
MONTGOMERY, Ala. -- Colonial BancGroup (NYSE:CNB) management will participate in Piper Jaffray's 2006 Retail Banking and Financial Services Symposium to be held June 20, 2006 in Boston. Colonial BancGroup Chairman & CEO, Robert E. Lowder, CFO, Sarah Moore and COO, Patti Hill are scheduled to give a presentation on June...
Tags: banking, financial, U.S. Bancorp Piper Jaffray Inc.
Research articles 2006-06-09
Colonial BancGroup to Present at Lehman Brothers Conference
MONTGOMERY, Ala. -- Colonial BancGroup (NYSE:CNB) announced that it will participate in Lehman Brothers' 2006 Financial Services Conference to be held September 12-14, 2006 at The Waldorf Astoria in New York. Colonial BancGroup executive management is scheduled to give a presentation on September 13th at 4:00 p.m./eastern. This presentation may...
Tags: Lehman Brothers Inc.
Research articles 2006-09-07
Colonial BancGroup to Present at Citigroup Conference
MONTGOMERY, Ala. -- Colonial BancGroup (NYSE: CNB) announced that it will participate in Citigroup's 2007 Financial Services Conference to be held January 30-31, 2007 at The Waldorf Astoria Hotel in New York City. Colonial BancGroup executive management is scheduled to give a presentation on January 30th at 4:30pm/eastern. This presentation...
Tags: Citigroup Inc.
Research articles 2007-01-24
Colonial BancGroup to Participate in Merrill Lynch Conference
MONTGOMERY, Ala. -- The Colonial BancGroup, Inc. (NYSE:CNB) announced that it will participate in the Merrill Lynch Banking & Financial Services Investor Conference to be held on November 15, 2004 at The St. Regis Hotel in New York City. Colonial BancGroup Chairman & CEO, Robert E. Lowder, is scheduled to...
Tags: Banking, Company, conference, FINANCE, Merrill Lynch & Co. Inc.
Research articles 2004-11-12
Colonial BancGroup to Present at Merrill Lynch Conference
MONTGOMERY, Ala. -- Colonial BancGroup (NYSE: CNB) announced that it will participate in Merrill Lynch's Banking and Finance Services Investor Conference to be held November 14-16, 2006 at The Pierre Hotel in New York City. Colonial BancGroup executive management is scheduled to give a presentation on November 16th at 2:35pm/eastern....
Tags: Banking, Company, conference, FINANCE, INTERNET, Merrill Lynch & Co. Inc., NYSE Euronext
Research articles 2006-11-06
Colonial BancGroup Rescinds Election of Early Adoption of SFAS 159 and 157 and Takes One-Time Charge to Earnings
MONTGOMERY, Ala. -- The Colonial BancGroup, Inc. (NYSE: CNB): * First Quarter EPS of $0.24 versus $0.43 previously * Operating EPS of $0.41 Unchanged, Excluding SFAS 159 Items and Restructuring Charges * Shareholders' Equity Slightly Higher * Excellent Credit Quality Metrics Unchanged The Colonial BancGroup,...
Tags: accounting, Colonial BancGroup Inc., Company, earnings, FINANCE, INTERNET, SEC, SFA
Research articles 2007-04-30
Colonial BancGroup declares dividend payment
MONTGOMERY, Ala.--BUSINESS WIRE--Oct. 16, 1996--Colonial BancGroup Chairman, CEO and President Robert E. Lowder announced today that the company has declared a regular quarterly dividend of $.27 per share of Colonial BancGroup common stock. At the quarterly meeting today, the board of directors approved payment of dividends on...
Tags: Alabama, Business Wire, dividend, FINANCE
Research articles 1996-10-16
Colonial BancGroup announces stock repurchase
MONTGOMERY, Ala.--BUSINESS WIRE--Feb. 25, 1997--Colonial BancGroup Chairman, CEO and President Robert E. Lowder announced today that BancGroup has authorized the purchase of its own shares of common stock in the open market. Colonial will use the shares for its proposed transaction to acquire First Commerce Banks of Winter Haven,...
Tags: Alabama, Business Wire, FINANCE, Florida, Investment, stock
Research articles 1997-02-25
Eagle BancGroup, Inc. to Explore Strategic Alternatives
BLOOMINGTON, Ill.--BUSINESS WIRE--March 2, 1999--Eagle BancGroup, Inc. (Nasdaq: EGLB), the holding company for First Federal Savings and Loan Association of Bloomington, today announced that it will undertake a review of strategic alternatives available to maximize shareholder value. Such alternatives may include the possible sale or merger of the company. ...
Tags: Business Wire, FINANCE, Illinois, Investment
Research articles 1999-03-02
Colonial BancGroup Declares Dividend Payment
MONTGOMERY, Ala.--BUSINESS WIRE--Oct. 21, 1999-- Colonial BancGroup (NYSE:CNB) Chairman and Chief Executive Officer Robert E. Lowder announced that at its board of directors meeting held Wednesday, October 20, 1999, a regular quarterly dividend of nine and 1/2 cents ($0.095) per share of Colonial BancGroup common stock was declared. ...
Tags: Alabama, Business Wire, dividend, FINANCE
Research articles 1999-10-21
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