% | $
Quotes you view appear here for quick access.


you are viewing a single comment's thread.

view the rest of the posts
  • barkingdog78 barkingdog78 Jan 30, 2013 7:30 PM Flag

    CEO communicating more in press releases

    The CEO is teaching how to "fish", so after he sells the bank, you won't be left helpless as an investor.

    SortNewest  |  Oldest  |  Most Replied Expand all replies
    • Here's what I learned: "Reversion to the mean" is much more powerful than people give it credit for. One would think that logic would also apply to bank mergers:

      "Many experts are predicting a wave of bank M&A activity over the next few years.

      “We don’t believe that there will necessarily be a wave, but there is bound to be an increase in activity,” writes Charlie Crowley, managing director at investment banking firm Boenning & Scattergood, in a blog for Crain’s Cleveland Business.

      “Despite decades of consolidation, there are still more than 7,000 banks in the country,” he says. An average of 263 banks a year were acquired nationwide between 2000 and 2007, compared with just 145 FDIC-unassisted deals from 2008 too 2011."

21.000.00(0.00%)Feb 1 10:35 AMEST