S&P Global Market Intelligence principal analyst Nathan Stovall takes a deep dive into issues facing financial institutions and the investment community. Tune in for interviews with industry insiders as well as brief outlooks for the banking sector.
Ep. 86 - TD Bank focused on growth in the US, open to deals
TD Bank never turned its focus away from growth during the pandemic and the company continues see to see organic and acquisition opportunities, both in and outside of its traditional U.S. retail footprint, according to CEO Greg Braca. In the episode, Braca discussed the company's outlook for growth, including through potential acquisitions, balancing physical distribution with digital channels and the potential threat from fintechs.
Ep. 85 - KBW CEO assesses threat from fintechs, sees legs in bank stocks, M&A
Bank stocks and bank M&A activity have rebounded strongly from the depths of the pandemic and the factors driving the resurgence remain in place, according to KBW CEO Tom Michaud. In the episode, the CEO of the Stifel Financial unit discussed current bank stock valuations, the Street's view of the group, the competitive threat of fintechs, recent bank M&A activity, the outlook for transactions in 2022 and how the banking and advisory business has changed during his 10-year tenure as the firm's CEO.
Ep. 84 - Pandemic pushes technology to the forefront for banks, insurers in 2022
The pandemic has put technology front and center for financial institutions as customers shifted transactions toward digital channels. Meanwhile, fintechs continue to attract even greater amounts of capital and have expanded their offerings to include more banking and insurance products, putting them in direct competition with traditional players. In the episode, three members of the S&P Global Market Intelligence financial institutions research team — Tim Zawacki, Tom Mason and Nimayi Dixit — discuss the intersection between fintech and the banking and insurance sectors. The group also discussed the key themes those companies will face in 2022, including the growth of underwriting based on algorithms in the life insurance business; usage-based insurance in the private auto business; venture funds continued support of fintechs and the pronounced shift of customers away from bank branches and into mobile banking apps.
Ep. 83 - Banks inking branch deals by coming to terms with multiple acquirers
Some regional banks looking to divest branches have attracted buyers by splitting up the branches and selling them to multiple community banks at once. In the episode, DD&F Consulting President Randy Dennis, who has worked with banks on some of those deals, discussed his outlook for future branch sales, bank liquidity levels and how institutions are evaluating their branch networks in a post-pandemic world where digital adoption has grown.
Ep. 82 - Pickup in bank M&A could have domino effect
Bank M&A activity has picked up as institutions face revenue pressures and increasing customer demands to improve technology offerings, and more institutions could pursue to sales as they see some of their strong peers decide to partner with other institutions. In the episode, Collyn Gilbert, director of strategy at Valley National Bancorp, discussed M&A activity, balancing branches against digital channels, competition from neobanks and operating with dual markets in the Northeast and Florida.
For more discussion on bank M&A, join us Sept. 8 to hear the changing drivers and considerations for successful deals in the industry post-pandemic, featuring leading advisors who have been active dealmakers in the last few years. Click here to register for the webinar.
Ep. 81 - Amid strong recovery, Banc of California hearing more M&A chatter
In the episode, Banc of California President and CEO Jared Wolff discussed his outlook for community bank M&A, the health of small business borrowers and their appetite for expansion, and the state of the economic recovery and the potential impact from the emergence of the COVID Delta variant. Wolff also discussed Banc of California's multi-year turnaround that has transformed the company's balance sheet composition, capital structure and management team.
Awesome Podcast that provides great market commentary. A must listen for investors and banking industry folks. Just not long enough. NEED more content from Mr. Stovall.
Nathan’s calm, familiar style evokes an uncle sitting on the front porch over mint juleps discussing the current trends in the banking industry. Just the way I want these in depth topics explained to me.
In-Depth Bank Specific Podcast
Enjoyable and knowledgeable. Great industry specific analysis amongst the banking industry.