Calling All Bank Directors Episode 15: Mergers of Equals – What are They and Should They Be of Interest to Your Bank?
This week, host and AABD President David Baris is joined by AABD Advisor Dave Martin, who has been involved as an investment banker in numerous bank mergers, including mergers of equals. He will share his perspective on mergers of equals and whether they might make sense for your board to consider.
Click here to listen to episode 15, or subscribe wherever you get your podcasts.
Of the 2,153 bank mergers over the past five years, only 60, or about three percent, have been called mergers of equals. Why are they so rare? Can they make sense for your bank? If so, how can they be successful?
Any bank that is not large enough to acquire another bank, or does not want to sell or who can’t find a buyer, but that would like to grow and improve earnings and, at the same time, maintain some control, should consider mergers of equals.
Dave Martin will address this by analyzing the proposed merger of equals by Bridge Bancorp and Dime Community Bancshares and the factors that bank clients of his have grappled with in deciding whether to enter into a merger of equals.
Calling All Bank Directors is available on Apple Podcasts, Spotify, Google Play, Stitcher, or wherever you get your podcasts.
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Thanks to our guest, Dave Martin.
Calling All Bank Directors is the podcast of the American Association of Bank Directors. AABD has been your advocate since 1989 and our podcast, hosted by AABD President David Baris, is designed to keep you well informed to help protect both you and your bank.