Insights & News

‘They Want the Juice to Be Worth the Squeeze’: Why Local Bank M&A Has Dried Up
Philadelphia Business Journal

January 23, 2024
Press Clippings

Partner Christopher Connell spoke with the Philadelphia Business Journal regarding the banking industry and M&A in 2023 and predictions for 2024.

“They want the juice to be worth the squeeze,” Chris said. “So the deal has to be impactful enough because doing bank M&A takes a lot of resources — administrative and financial — to complete. And for banks of a certain size, they want a bite that’s big enough to justify that effort and expenditure of resources.”

Read the full article (with subscription).

Related Resources

back to top