So far this year, banks and thrifts have completed 70 branch acquisition deals that involved 410 branches.
According to SNL Financial analysis, the acquisitions made through Oct. 15, were a significant increase compared to the 288 branches that changed hands in the 73 deals completed in 2013.
The overall number of branch deal announcements, however, has remained relatively steady since 2010 when 80 deals that involved 197 branches were announced, SNL Financial said in a prepared statement.
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