Journal article
Post-Merger Performance of Bank Holding Companies, 1987-1998
The Financial review (Buffalo, N.Y.), v 40(4), pp 549-574
01 Nov 2005
Abstract
This paper examines the results of material mergers between bank holding companies (BHCs). Merged BHCs experience post-merger profitability below the industry average. The market reaction to the merger announcements is significantly negative. The most important causes of the poor post-merger performance are credit quality and the inadequate generation of fee income. Asset mix and capitalization also play a major part. The controllability of these items demonstrates the management challenge associated with a material merger.
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Details
- Title
- Post-Merger Performance of Bank Holding Companies, 1987-1998
- Creators
- Morris Knapp - Miami Dade CollegeAlan Gart - Indiana University of PennsylvaniaDavid Becher - Drexel University
- Publication Details
- The Financial review (Buffalo, N.Y.), v 40(4), pp 549-574
- Publisher
- Wiley
- Number of pages
- 26
- Resource Type
- Journal article
- Language
- English
- Academic Unit
- Finance
- Web of Science ID
- WOS:000210686300007
- Scopus ID
- 2-s2.0-37649017047
- Other Identifier
- 991019168829404721
InCites Highlights
Data related to this publication, from InCites Benchmarking & Analytics tool:
- Collaboration types
- Domestic collaboration
- Web of Science research areas
- Business, Finance