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Texas Reprises Its Role as A Leader in Banking M&A.
- Source :
- American Banker; 6/20/2012, Vol. 177 Issue 95, p1-2, 2p, 1 Chart, 1 Graph
- Publication Year :
- 2012
-
Abstract
- The article discusses bank mergers and acquisitions (M&A) in Texas, which according to a Sheshunoff investment bank survey have higher M&A prices than anywhere else in the nation. Six Texas deals had median price-to-tangible book values of 206 percent and median deposit premiums of 8.26 percent. Cadence Bancorp's deal for Encore Bancshares and Prosperity Bancshares' deal for American State Financial are noted.
Details
- Language :
- English
- ISSN :
- 00027561
- Volume :
- 177
- Issue :
- 95
- Database :
- Complementary Index
- Journal :
- American Banker
- Publication Type :
- Periodical
- Accession number :
- 77063161