TITLE

More Evidence the M&A Market Is on the Mend

AUTHOR(S)
Davidson, Kate
PUB. DATE
July 2010
SOURCE
American Banker;7/7/2010, Vol. 175 Issue 103, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the U.S. bank merger and acquisition market as of July 7, 2010. The significance of investment bank KBW Inc.'s publication of its bank takeover list is discussed. The asset holdings of several potential buyers on the KBW list are noted including those of OceanFirst Financial Corp., Northwest Bancshares Inc., and Boston Private Financial Holdings Inc. The views of corporate analysts Jim Wheeler and Christopher McGratty are mentioned.
ACCESSION #
52011800

 

Related Articles

  • Insight's Sale to First Financial Shows How Banks Can Quickly Become Sellers. Davis, Paul // American Banker;4/11/2014, Vol. 179 Issue F315, p10 

    The article focuses on Insight Bank in Ohio which agreed to be purchased by First Financial in December 2013 for $36.6 million and on Insight Bank's decision process, noting information from an April 9, 2014 regulatory filing. The article notes that Insight consulted business advisory firm...

  • Banks Complete Deals in N.C. Browdie, Brian // American Banker;10/3/2012, Vol. 177 Issue 153, p16 

    Brief information is given about two U.S. bank mergers which are Park Sterling Corporation's purchase of Citizens South Banking Corp. for $83 million and Capital Bank Financial's acquisition of Southern Community Financial for $47 million.

  • No More Megabanks: 19 Is Enough. Heller, Michael M. // American Banker;9/14/2011, Vol. 176 Issue 142, p8 

    The article argues that U.S. regulators should not allow megabank acquisitions or mergers that result in a company that has more than $100 billion in assets.

  • Bank Sellers Are Getting Better Prices This Year. Monks, Matthew // American Banker;4/30/2012, Vol. 177 Issue 66, p11 

    The article reports on U.S. bank merger deals from first-quarter 2010 to first-quarter 2012 and notes the above tangible book value deals of Cadence Bancorp, UnionBanCal, and Prosperity Banshares for Encore Bancshares, Pacific Capital, and American State Financial respectively.

  • Keefe Bruyette is starting to venture beyond its traditional banking turf. Kaplan, Daniel // American Banker;12/29/1994, Vol. 159 Issue 248, p20 

    Reports on Keefe, Bruyette & Woods Inc's expansion towards financial servicing. Trend among companies in moving beyond traditional banking; Running the risk of diluting the thrift services business; Nonbanking companies' advice to compete with banks; Seeing big business in brokerage firms. ...

  • Bank M&A on the Mend. Davidson, Kate // Mergers & Acquisitions Report;7/12/2010, Vol. 23 Issue 28, p4 

    The article reports that KBW Inc. has restarted issuing its Bank Takeover List, a sign that the bank mergers and acquisitions market is recovering. The company noted in its report that there are 75 businesses that could be buyers and seller. Some of these companies are OceanFirst Financial...

  • Comerica's Time to Show Deal Is Right Is Right Now. Monks, Matthew; Anason, Dean // American Banker;7/29/2011, Vol. 176 Issue F329, p1 

    The article discusses the outlook for Comerica Inc.'s financial performance in light of the U.S. bank's purchase of Sterling Bancshares Inc. Analysts and investors' concern that Comerica overpaid in the $1.03 billion deal for Sterling and a drop in Comerica's stock price since January 2011 are...

  • Health of Targets Is Improving In M&A. Monks, Matthew // American Banker;11/1/2012, Vol. 177 Issue 169, p1 

    The article discusses the U.S. bank and thrift merger market. More than half of all these mergers in third-quarter 2012 involved target companies that were financially strong. A trend toward selling banks because of declining profits and higher operation costs, rather than because of a bank's...

  • Deals Up Slightly, But Take Away Two, and Value Slips. Monks, Matthew // American Banker;8/5/2011, Vol. 176 Issue F330, p1 

    The article reports on bank-merger deal values in the U.S. The impact of acquisitions by PNC Financial Services Group Inc. and Capital One Financial Corp. on deal values from first- to second-quarter 2011 is discussed. A shift in the transaction volume of deals from the East Coast to the West is...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics