Total banking industry deals in Q4 2018 worth $18.91bn were announce globally, according to GlobalData’s deals database.

The value marked a decrease of 5.6% over the previous quarter and a drop of 24.1% when compared with the last four-quarter average of $24.9bn.

In terms of number of deals, the sector saw a rise of 17.7% over the last four-quarter average with 206 deals against the average of 175 deals.

In value terms, North America led the activity with deals worth $6.67bn.

The top five banking deals accounted for 55.25% of the overall value in the sector globally during Q4 2018.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Banking industry deals in Q4 2018: Top deals

The combined value of the top five banking deals stood at $10.45bn, against the overall value of $18.91bn recorded for the quarter.

The top announced banking deal tracked by GlobalData in Q4 2018 was Lone Star Funds’ $3.39bn private equity deal with Bankia.

In second place was Life Insuranceof India’s acquisition of IDBI Bank for $2.19bn and in third place was Hunter Maritime Acquisition’s $2bn acquisition of NCF Wealth.

Power Finance Corp’s $1.99bn acquisition of Rural Electrification Corporation and the merger of Ameris Bancorp and Fidelity Southern Corporation for $881.62m held fourth and fifth positions, respectively.

This analysis considers only announced and completed deals from the GlobalData financial deals database and excludes all terminated and rumoured deals. Country and industry are defined according to the headquarters and dominant industry of the target firm.

GlobalData tracks real-time data concerning all merger and acquisition, private equity/venture capital and asset transaction activity around the world from thousands of company websites and other reliable sources.

Verdict’s parent company GlobalData plc provides business information to 4,000 of the world’s largest companies.