Axios reports that as of mid-June, some 27 bank deals worth $5.5b have been announced in the second quarter — handily beating the $5.2b combined value of the 126 deals announced over the preceding five quarters, per S&P Global Market Intelligence's tally.
Bank merger-and-acquisition activity remains relatively light, but the deals that came together in recent months were, in aggregate, substantially larger.
https://www.americanbanker.com/news/bank-m-a-deals-substantially-bigger-in-2024