Joe has said that 50 billion in assets requires significant more regulations and costs That he will not do such a thing unless he can get a heck of a deal and instantly acretive.. That they are always looking at situations. Right now its around 41 billion
Maybe NYB can get a deal in the 6-7 billion range as not to go over the 50 billion range. If not, maybe a takeover of an existing bank in that range would work too. The EPS will be stagnant in this rate evironment until a deal is done!