Month: March 2011

Why We Expect M&A to Accelerate in 2011

Since the downturn began in 2007, there has been very little true M&A activity (i.e., premium transactions) in the U.S. banking sector, with the vast majority of deals being FDIC-assisted takeovers of failed banks. However, within the next six months, we expect premium transactions to accelerate in a significant way in the U.S. for the following reasons… Click to Download»

Why Credit Creation Will Return

Negative loan growth is a very important issue since many believe only when the “banks start lending again” will the U.S. economy recover. Each week, the Federal Reserve releases its H.8 report detailing the assets and liabilities for the U.S. commercial banks. Although the weekly change in total loans may swing positive or negative, this report (excluding the impact of an accounting change in March 2010)…

U.S. Banks Buck a Powerful Q4 Trend (And Why it’s Bullish)

The U.S. banks reported a very solid, albeit messy, fourth quarter, completing the first year of what we expect to be a three year recovery. Of interest, this quarter saw the banks buck a very powerful historical trend in credit, as credit losses (or net charge-offs, NCOs) declined in Q4 versus Q3. This bodes very well for not only the durability of the credit recovery, but…

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