Merger transactions in July were down slightly from June as deal activity remains impacted by economic uncertainty relating to the coronavirus.  Sheshunoff recently advised on a branch transaction as well as two bank transactions which involved stock rather than cash.  There is merit to stock mergers in the current environment as both shareholder bases can remain invested and enjoy cost savings while the economy recovers.  Finding an appropriate exchange ratio can be done using a consistent and fair methodology.  Contact us for more details.

Sheshunoff & Co Investment Banking has compiled a one-page summary of all bank transactions announced in July 2020.  The list is sorted by geographical region, which will allow you to search for transactions not only in your area, but also through the country in markets similar to yours.

 

Click here for the July 2020 M&A Transactions

 

Given the volatility in publicly-traded bank stocks, many banks are obtaining back stock valuations as of March 31st (a relative low point) to take advantage of opportunities afforded by lower valuations such as minimizing taxes on transitions in private bank stock.  Not to mention the concerns of potential changes in corporate, personal and estate tax rates in the future.  Please contact us if we can be of service to you in any way during this transitional time. 

 

If you have an questions or comments about today’s M&A market or would like to discuss various strategies for your institution including opportunities to issue low cost debt or raise new equity, we would enjoy the opportunity to speak with you.  Please contact John Adams, Head of Investment Banking, at (512) 703-1561 or jadams@smslp.com.

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