Financial Advisory

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

Host: Sharon Lorman, Vice President Cohosts: Jeff Marsico, Executive Vice President, Rich Trauger, Managing Director and Jill Pursell, Senior Vice President 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 […]


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

Host: Sharon Lorman, Vice President Cohosts: Bob Kafafian, President and CEO and Rich Trauger, Managing Director 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 […]


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 […]


TB or Not TB? Is that THE Question?

In the early stages of Hamlet, William Shakespeare’s epic 15th century play, the protagonist says “To be or not to be, that is the question.”  Through this phrase, Hamlet questioned the meaning and value of his life after his father was killed by Claudius. For bank mergers, our take on Hamlet’s age-old question is “tangible […]


What Can Banks Learn from Mutual Mergers?

Since 2010, investment bankers have been predicting that the pace of merger activity in the banking industry would significantly increase and accelerate.  While these predictions may have been wishful thinking, we currently see signs that many banks are, at a minimum, talking and considering their strategic alternatives. As a result, many of these predictions are […]


What Does Reviewing Strategic Alternatives Mean to You?

I recently read the following headline: “Next step for ABC Bancorp could be ‘strategic alternatives’.”  It could have read, “ABC Bancorp is out of options and should sell.”  [The name of the bank was changed to protect their identity.]  After reading the article, that message came through loud and clear. Since then, I asked a […]