Dory Wiley Cautions Community Banks about Becoming ‘Melting Ice Cubes’

By: Commerce Street Capital
 
 
Commerce Street Capital, LLC
Commerce Street Capital, LLC
DALLAS - Oct. 13, 2014 - PRLog -- “Community banks which elect a ‘business as usual approach’ take the risk of becoming ‘melting ice cubes’ during this very dynamic time in the financial industry,” warned Dory Wiley, President and CEO of Commerce Street Capital, LLC (http://www.commercestreetcapital.com/) speaking at the 6th Annual SNL Bank M&A Symposium on October 7, 2014 in Washington, D. C.

“Choosing the same strategies they followed in the last decade is a decision by banks to gradually waste away,” Wiley said. “It is more important than ever that community banks plan strategically how they can capitalize on the strong mergers and acquisitions wave in the industry, as well as how they cope with today’s heightened regulatory and interest rate concerns.”

Noting that public markets typically reward banks holding more than $1 billion in assets which is a clear pricing advantage over smaller banks, Wiley emphasized that the entire banking sector continues to provide cheap investment opportunities based on P/E ratios compared to other S&P sectors.

Commerce Street Capital, LLC, a strategic advisor to banks, is consistently ranked as first in Texas and among the top three U.S. investment banks for bank mergers and acquisitions1. Commerce Street Capital has also raised more than $500 million in 50+ deals for community banks and is currently sponsoring more than $1 billion in SBIC funds.

About Commerce Street Capital , LLC

Commerce Street Capital, LLC (“CSC”) is a private investment banking firm headquartered in Dallas, Texas. Led by veterans of the banking industry, CSC specializes in investment banking services (mergers and acquisitions, valuations and regulatory issue advising) and bank development (on-site consulting, sales and management of bank capital raises, market assessments and the bank regulatory application process). The firm provides tailored solutions for all or part of a financial institution's business lifecycle. For more information, visit www.commercestreetcapital.com or call 214-545-6800. CSC is a member of FINRA/SIPC.

This press release is for information purposes only and does not constitute a solicitation or offer by Commerce Street Capital, LLC, to buy or sell any securities, futures, options, foreign exchange or other financial instrument or to provide any investment advice or service. The testimonials stated within this press release may not be representative of the experience of other clients. The testimonials stated within this press release are not indicative of future performance or success. The testimonials stated within this press release are not paid testimonials.

Contact
Krystal Morris for Commerce Street
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Source:Commerce Street Capital
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Tags:Community Banks, Dory Wiley, Commerce Street Capital, Finance, Banking
Industry:Banking, Financial
Location:Dallas - Texas - United States
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