Merger transaction activity in November stalled at only 4 announcements after a steady increase from March to October, perhaps in reaction to the stock market volatility surrounding recent vaccine news. As bank stock values increase, buyers and sellers may be reevaluating their pricing expectations and waiting for stock values to find a consistent footing. Contact us for more details.
Sheshunoff & Co Investment Banking has compiled a one=page summary of all bank transactions announced in October 2020. The list is sorted by geographical region, which will allow you to search for transactions not only in your area, but also throughout the country in markets similar to yours.
Click here to download the November M&A Monthly Deals
Given the volatility in publicly-traded bank stocks, many banks are obtaining a mid-year stock valuation to take advantage of opportunities afforded by lower valuations such as minimizing taxes on transitions of 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 any 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, Principal & Head of Investment Banking at (512) 703-1561 or jadams@smslp.com.