3 ms·
The critical issue here is the presence of a national vs. state charter. National charters alone add substantial acquisition value to a bank. Keep in mind tha
by prosa 17y ago
The critical issue here is the presence of a national vs. state charter. National charters alone add substantial acquisition value to a bank.
Keep in mind that anyone buying a bank right now is competing with an unprecedented amount of highly sophisticated Private Equity buyers with access to plenty of cash.
- i2pi 17y agoMost PE guys I know of are having a hell of a time trying to acquire banks. While there has been some indication of a relaxing of the bank holding company act (that would otherwise prevent PE, or any non-banking firm from acquiring a bank), the issues that I mention in my other comment seem to be blocking any acquisitions.