Financial Advisory

Bank M&A – Show Me the Money

Deep down I’m a bit of a softie. And nostalgic. So, if my wife and I are watching TV on a Saturday night and I happen to come across “Jerry Maguire,” I tend to stop and watch awhile. Then she says, “not this movie again” and I move on. Not that Jerry Maguire is my […]


Banks On Sale

My bank stock portfolio was comfortably in the black, with a solid 2.5% dividend yield at year-end. My have times changed. Before I begin, I feel compelled to disclose that I am not a registered broker or financial advisor. I am not giving you investment advice. At December 31, 2019, the SNL Bank & Thrift […]


Private Equity Investing in Banking

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, […]


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 […]