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GOOD IS GROWING

Bank M&A activity in 2023 was dismal, but so far, S&P Global data reveals that $1.59B worth of M&A deals have been announced so far this year, and we are only in Q2. In a recent webinar hosted by Bank Director, three bankers gave their take on what this year holds for bank M&A activity. We summarize their perspectives and what factors to consider if you are interested in pursuing an M&A deal. https://lnkd.in/e3jv7wex #PCBB #MandA

Daryl N. Bible, Sr. EVP & CFO of M&T Bank Corp (MTB), bought 5,000 shares at $111.04 for a total of $555,218. Opinion: Where you do have outsized dividends is in the beleaguered regional banking sector. It's hard to neglect the empty office space, and I question whether M&T Bank has reserved anywhere enough to account for that. https://lnkd.in/geEXQuXX

𝙏𝙧𝙖𝙣𝙨𝙛𝙤𝙧𝙢𝙞𝙣𝙜 𝙤𝙪𝙧 𝙘𝙤𝙢𝙢𝙪𝙣𝙞𝙩𝙮 𝙗𝙖𝙣𝙠𝙨: Beyond the checkboxes, Bank Advisors crafts financial solutions that resonate, paving the way for excellence that exceeds community & board of directors expectations. Visit www.BankAdvisorsLtd.com to learn more. Follow Our Team on LinkedIn 👉 Julie Bromann, AI-GRS, CIA 👉 Michael Earle 👉 Meghan McGuire 👉 John Cresto 👉 Jeffrey Sondgeroth #BankAdvisors #Banking #CommunityBanks #Bankers #FieldExams #BankAudits #BankMergers #MergersAndAcquisitions #MandA #BankReviews

"its kind of a math question right now" is how most banks are seeing the M&A market. But the level of preparedness is increasing and but all accounts we should see some a much more active merger market in 2024 across the financial services industry.

Mutual banks and Building Societies, hold a special place in the world of finance, offering a unique and community-centric approach to banking. Something a lot of mutual banks face, are the cost and technology pressures to keep up with the banking giants in the market, which has resulted in an interesting proposition where organisations are merging forces to share resources. Steve Laidlaw summed this change up perfectly when discussing the Heritage Bank and People’s Choice merger that it allows the banks to “enhance products, services, digital capabilities and competitive pricing through a growing national footprint, while also increasing support for community and environmental initiatives”. It’s an exciting time for the mutual banks, having spent nearly 9 years working in the world’s largest mutual bank I saw first hand the benefits of not reverting to demutualisation and how these organisations genuinely have the best interests of members and customers at the heart of decisions they make. 🔎 Read the full article below which provides further insight into benefits and what we can expect in the coming years: https://lnkd.in/gBH3McrH #MutualBanks #FinancialServices #Insights

“Banks need to achieve significant scale to absorb more regulatory costs and to be competitive,” said Christopher McGratty, CFA, head of U.S. bank research at KBW, on developments that could trigger a new round of dealmaking in the industry. “All of our work suggests more M&A is going to happen.” Read our roundup for more on the regulatory changes impacting bank M&As, as well as other stories on issues that are shaping the M&A landscape in 2024. #regulations #banking https://bit.ly/3PmHxxg

Is the #banking industry on the verge of a long-awaited M&A boom, or are there too many roadblocks to overcome? The American Banker examines the factors influencing potential growth in bank M&A activity, such as a strong #economy, the need for banks to grow larger, and pent-up demand from potential #acquirers. However, there are also challenges to consider, such as uncertainty about interest rates and increased regulatory scrutiny. Head over to read the full story and see what industry experts are saying! ➡️ https://lnkd.in/ddTidpSv Will 2024 be the year for #bank M&A deals?  Share your thoughts in the comments! #MnADeals #BankingIndustry #finance #MnA #mergersandacquisitions #growthhacking #fintech #growthstrategy #investmentbanking #IB #GrowthPal

What's New to The Street... Westpac charts its financial course: First-half profit dips, but optimism remains high as the bank announces a special dividend and boosts its share buyback program. 📈💰 Stay tuned for the latest updates in banking resilience and strategy. 👉🏻Follow New To The Street for more! #Westpac #FinancialNews #ShareholderValue #BusinessNews #businessnews #business #news #newtothestreet

Almost a year ago to the day, we were in the midst of banking sector turmoil, which started off with regional banks in the US and spilled over to Europe, eventually culminating in the forced merger between Swiss banks UBS and #CreditSuisse. The event represented an existential crisis for the Additional Tier 1 (AT1) asset class as Swiss authorities upended the natural bankruptcy waterfall – AT1 investors absorbed losses, while shareholders walked away with some recovery on their shares. What's happening with #AT1market now? Great overview in the aricle below⬇️ https://bit.ly/3v0HArt