Private Structural Notes for Community Bank CEOs

 

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The Story Your Bank Is Already Telling

 

Every few years, the conversation returns.

"What are multiples doing?"

 

It's a reasonable question.

Community bank CEOs have been asking it for decades.

 

I've noticed that the more interesting conversations usually begin there.

They rarely stay there.

 

At some point, someone asks a di...

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Strength Is Not the Same as Control

 

By this point in the year, most institutions have a clear sense of how they are performing.

 

Earnings trends are visible.

Credit quality is understood.

Capital levels are known.

The board has confidence in management's direction.

The institution looks strong.

And in many cases, it is.

 

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