Tuesday Topic: M&A Trends, and a Not-So-Funny Ad Campaign

A friend of mine has a saying about m&a. “You sell peanuts when the circus is in town.” Based on the trends, it seems the circus is getting ready to pack its tents. History says m&a cycles run about every 7-8 years. 1998-99,2005-2007 and then delayed a little by the Great Recession, restarting in 2016-2018. Steven Hovde said at Acquire or Be Acquired conference in January “if you don’t sell now, be prepared to run your bank for another 7-8 years until the next cycle begins!” Somehow i hear Melissa Manchester singing “Don’t Cry Out Loud”.

Sent from my iPhone

________________________________

NOTICE: This electronic mail message and any files transmitted with it are intended exclusively for the individual or entity to which it is addressed. The message, together with any attachment, may contain confidential and/or privileged information. Any unauthorized review, use, printing, saving, copying, disclosure or distribution is strictly prohibited. If you have received this message in error, please immediately advise the sender by reply email and delete all copies.

------Original Message------

BB&T's deal for SunTrust threw a hot spotlight on M&A. But American Banker says 25% fewer deals were announced during the first two months of the year, compared to the same period of 2018. The story doesn't dive into the "whys" behind the numbers, but it does explore five deal trends.

And a bonus link today, though I hesitate to describe it as a bonus because it's a story in AdWeek about online bank Axos' campaign portraying bankers as robbers. While not funny, it's smart to know how the industry is being portrayed.

 

------------------------------
Barb Rehm
Senior Managing Director
Promontory Interfinancial Network, LLC
Arlington VA
------------------------------