Financial Advisory

Bank Director’s Acquire or Be Acquired Conference: Top Tweets

I attended my first Acquire or Be Acquired conference in the Arizona desert. Bank Director does a great job on organization, content, and promotion. They established the #aoba20 hashtag that had plenty of activity on Twitter and LinkedIn. Below are the top tweets, as judged by me. Because it’s my blog. 🙂  Also, putting myself […]


Banking New Year’s Resolutions – We Have Opinions / Negotiating Merger Transactions

 Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple and Droid podcast apps for your listening enjoyment. Join us on your […]


Why Did Oritani Sell for No Premium?

On June 25th, Oritani Financial Corp (ORIT) common stock closed at $16.21 per share. The next day they announced they were selling to Valley National Corp. for $16.29 per share. Virtually no premium. And less than ORIT traded one year ago. Why? I was not part of the discussions regarding the transaction, and am not […]


TMIB Lite: BB&T and SunTrust – Why Merge?

Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple and Droid podcast apps for your listening enjoyment. Join us on your commute, at your […]


Why SunTrust and BB&T? Why?

I know on the investor conference call, Kelly King of BB&T and Bill Rogers of SunTrust spoke to why. But I may not have been listening well. I suppose much of the discussion revolved around scale. So, along with my first inclination, my second inclination was also… why? The Numbers Here are their slash lines […]


Three Gifts for Bankers

The magi, thought to be named Gaspar, Balthasar, and Melchior, followed a bright star to find the Messiah. According to the Gospel of Matthew, they brought him three gifts: gold, frankincense, and myrrh. The journey wasn’t easy for the magi. At first, they did not know where they were going. And when they arrived in […]


For Financial Institutions, What Drives Value?

Not all financial institutions are publicly traded. But there are enough of them to help those that do not trade to measure what metrics drive the value of their franchise. So what metrics drive value? Umrai Gill, Managing Director of Performance Trust in Chicago presented his findings to the Financial Managers Society at their East […]


The Real Reason for Bank Scale: Trading Multiples

“Get big or get out.” “You must be twice the size that you are to succeed.” These are bromides that some industry talking heads might be telling you. I hear it and read it frequently. And in today’s social media, non fact-based opinion society, if you say it enough, people may start to believe it. […]


The Future of Community Bank Mergers

Guest: James S. Vaccaro , President and CEO Manasquan Bank Podcast Show Notes: Our This Month In Banking (TMIB) podcast features discussion with colleagues and other industry thought leaders on interesting banking news that happened this month. TMIB will be available on the last Wednesday of every month here, and on Apple and Droid podcast […]


A Bank Analyst Makes Recommendations. I Make a List.

What should you look for in a bank stock? How should I know? I’m not a financial advisor. I would have to take a test to prove that I am worthy of such predictions. But I read. And part of my reading includes Boenning & Scattergood’s quarterly Bank DCF Analysis. In the report, analysts Matt […]