Keefe Bruyette & Woods did some tweaking to its bank merger-and-acquisition lists this week, an important one as investors await Thursday’s Federal Reserve stress test results for big banks.
An investment bank focused on financial services, KBW now lists 53 companies that are likely buyers of assets, and 22 potential sellers. Given the upside for the potential sellers, most of them relatively small operations, we’ve focused on those here.
KBW added four names to its seller list, all of which have a market cap of less than $200 million, except Texas Capital, which has a market cap of $1.3 billion. Here’s how they are doing today:
- Alliance Financial (ALNC) up 1.24%, or 38 cents, to $31.04
- First Defiance Financial (FDEF) up 1.42%, or 23 cents, to $16.47
- OmniAmerican Bancorp (OABC) down 0.21%, or 4 cents to $18.89
- Texas Capital Bancshares (TCBI)up 1.34%, or 46 cents, to $34.83
KBW removed two other smallcap banks from its potential seller list:
Nasdaq quotes delayed at least 15 minutes, all others at least 20 minutes.
Markets are closed on certain holidays. Stock Market Holiday List
By accessing this page, you agree to the following
Press Release Service provided by PRConnect.
Stock quotes supplied by Telekurs USA
Postage Rates Bots go here