Bank Stock Outlook ’23: Negativity Abounds, But Is It Overdone?
The consensus view is that last year’s challenges will extend well into the new year Coming on the heels of a very challenging year for markets and bank stocks in…
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The Highest Valued Bank Stocks Share Some Surprising Traits
Why are certain banks consistently valued highest by investors? We recently presented to the Board of Directors of a community bank and in preparation for the discussion, we were asked…
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Bankers And Investors Are at Odds, But Can They Both Be Right?
We’ve noticed a recurring theme in meetings between bank stock investors and bank management teams over the past several months. In recent months, commentary from regional and community bank management…
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Tangible Book Value Hits Are an Underappreciated Headwind to Bank Stock Performance, but Are We Approaching an Inflection Point?
Trends in tangible book value growth over time are a staple of bank stock valuation analysis “…we believe tangible book value per share is a good measure of the value…
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Are Fintech Credit Lenders About to Face Their First Real Test?
Over the last few months, things have changed quite a bit. Earlier in the year, the general sense was that while there were issues to contend with – like inflation…
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Q1 Bank Earnings Preview: Waiting for Normalcy
Hoping For A Return To Normalcy Has Felt More Like Waiting For Godot In Samuel Beckett’s famous play, two men meet near a tree, discuss various topics, and reveal to…
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Recent Tech-Forward Bank Stock Performance Suggests an Intriguing Risk/Reward Dynamic
VIEW TECH-FORWARD BANK INDEX LIST Tech-forward bank stocks significantly outperformed traditional banking, tech, and fintech stocks in 2021. In an article we published just last month, we noted the extraordinary…
Read more Share Price Performance of Travillian Tech-Forward Banks Significantly Outpaced Peers In 2021
Nine more banks have been added to Travillian’s Tech-Forward Bank Index, an evolving list highlighting companies at the forefront of the technological revolution in banking. Please click below to see the…
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Is the Pause in Bank Deal Approvals a Transitory Issue or Something More?
There are numerous examples of pending M&A deals that are bogged down in the regulatory process, enough to label it a trend. Over the past few months, it seems clear that while regulatory…
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Is the M&A Tide Finally Turning in Favor of the Acquirers?
The market has been mostly hostile to M&A announcements so far this year… We’ve written several articles this year on the topic of M&A; more specifically, the generally poor reaction…
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Bank M&A Has Accelerated as Expected, Though Market Reaction Remains Muted
The market has cast a wary eye toward the stocks of most acquisitive banks. For several months now, we’ve noted that while we expected the pace of bank M&A to pick…
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For Investment Bankers, a Shifting M&A Landscape Demands Adaptability (and Creativity)
The business model at investment banking firms serving the regional and community bank sector over the past few decades has worked very well, helped by an extraordinary level of deal activity,…
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Counter-Trend M&A Can Often Prove The Wisest Course In The Long Run
M&A waves typically reflect a “follow-the-herd” mentality. More often than not, periods of heightened bank sector M&A activity seem to be driven by a few common themes in each cycle. But…
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