... I like it; the less your management does, the more they can focus ... and the less can go wrong. Plus it makes you a buyout target .... there's your exit strategy ... ALL ROLLED INTO ONE!
Why try to manage a lot of different divisions like TOWN and MNRK ... when only core banking and mortgages are drivers? And acquirors want core bank customers?
acquirors want core bank customers ... all they care about.
HBKS has wealthy customers, but they are getting older. I mean ... they're almost as old as the TOWN customers ... I wouldn't wait too long to sell.