Community banking
Though bank analysts like Matthew Schultheis generally expect M&A activity to continue at a brisk pace for several years to come, stock market volatility could prove to be an issue for potential dealmakers in the near term. With a lower stock price, buyers may end up not being able to pay as much as sellers now expect, says Schultheis, who covers the financial services sector for Boenning & Scattergood. Heres his outlook on bank M&A, including the number of deals he anticipates will happen this year and whether big banks might be among the buyers.
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To brace for stress in the energy sector, Cullen/Frost Bankers in San Antonio, Texas, recently boosted its reserves on oil-related loans to 3% while competitors like Hancock Holding and Wells Fargo have set even higher reserve levels. "The mix of loans is very different," says Dick Evans, chairman and CEO of the Texas bank.
February 23 -
Josh Hinkel, a partner with Bain & Co., discusses the rise of shareholder activism in financial services and how "aggressive" investors are driving higher returns.
February 18
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TexasDick Evans, chairman and CEO at Cullen/Frost Bankers in San Antonio, discusses the decline in oil prices, and what it means for energy lending at the $28.6 billion-asset company.
February 8 -
Scott Kavanaugh, CEO of First Foundation Bank in Irvine, Calif., talks about running a startup bank during the financial crisis. The drought in de novos will likely continue because of high compliance costs, he said.
November 13
