NEW YORK(TheStreet) -- Bank of Montreal's agreement on Friday to take over Marshall & Ilsley Corp. for a 34% premium to Thursday's closing price illustrates just how hot the market is getting for regional M&A. If you consider that the acquirer will have to pay the government $1.7 billion to settle M&I's bailout bill, some of the coming M&A deals will fetch even higher premiums. "This is really an interesting deal that may play out into the way people evaluate fair values to loans," said Chip MacDonald, a partner at Jones Day.
10 Regional Banks That Remain Takeover Targets
twocents@thestreet.com (Maria Woehr and Philip van Doorn), The Street
Tue, 12/21/2010 - 9:13am
BING NEWS:
- Dissecting PNC Financial: What This Super-Regional Bank Tells Us About The Economy
Deposit trends. I want to know how banks are dealing with competition from elevated rates on risk-free government bonds. During last year's bank "crisis," this was a big issue. Loan demand.
04/18/2024 - 2:21 am | View Link - Regional Banks
Financial Stocks Fall After Earnings, Major Banks Notch 4-Day Losing Streak: Regional Banks Hit Lowest Level Since Late 2023 Texas Capital Bancshares Will Be Impacted By Fed's Rate Move ...
01/17/2024 - 11:54 pm | View Link - With FRC's collapse, here are the top 10 regional bank stocks, ranked by SA Quant Ratings
Regional banks remain front and center as Wall Street navigates ... Silicon Valley Bank and Signature Bank, along the takeover of Credit Suisse by UBS. With the regional banks under scrutiny ...
05/1/2023 - 7:39 am | View Link - More
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