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Trend in bank consolidations expected to continue in 2017

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Trend in bank consolidations expected to continue in 2017

Trend in bank consolidations expected to continue in 2017*/

– Experts expect the trend of bank consolidations in Wisconsin to continue in the new year.Nineteen mergers or acquisitions involving Wisconsin-based banks were announced in 2016.That’s up from 12 mergers in 2015 and nine in 2014.
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Trend in bank consolidations expected to continue in 2017

Trend in bank consolidations expected to continue in 2017*/

– MADISON, Wis. — A trend of bank consolidations in Wisconsin is expected to continue in 2017, especially among smaller community banks.Nineteen mergers or acquisitions involving Wisconsin-based banks were announced in 2016, up from 12 mergers announced in 2015 and nine in 2014.Challenges of rising technology and regulatory costs are motivating longtime shareholders who want to cash out but are having trouble finding management successors, especially in rural communities where banks have been selling to other institutions.
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Trend in bank consolidations expected to continue in 2017

Trend in bank consolidations expected to continue in 2017*/

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