"The last five years have been brutal on banks," said Tim Melvin, publisher of "Banking on Profit." "So we're in the second inning of a consolidation wave. Regional banks will keep growing through acquisitions by buying smaller-growth banks, since there's not a lot of organic growth." Banks also want to spread out their expenses over a larger asset base, he said, adding, "The future looks bright for smart acquirers."
Read the whole article here:
Find the best bank stocks by clicking here