Strategic M&A

Strategic M&A:

A fireside chat with community bank executives on mergers-of-equals and strategic acquisitions

Tuesday, September 15, 2020 at 3:00pm (EDT)

The operating environment for community banks will likely be challenging in the coming quarters: NIMs are compressing, loan growth is slowing, and credit costs may be rising. As a result, scale efficiencies in banking – already a key consideration over at least the past decade – will likely be that much more important in the years ahead.

Accordingly, please join us for a discussion of how M&A can drive scale efficiencies. Olsen Palmer’s Managing Partner Christopher Olsen will moderate a ‘fireside discussion’ with Miller Welborn (Chairman) and Billy Carroll (CEO and President) of SmartFinancial, Inc. (NASDAQ: SMBK), parent company of Knoxville, Tennessee-based SmartBank, a full-service commercial bank founded in 2007 that has $3.3 billion in assets and 35 branches spanning East Tennessee, Alabama, and the Florida Panhandle. One-time competitors at separate banks, Messrs. Welborn and Carroll combined forces in 2015 via a merger-of-equals that created a banking institution with approximately $1 billion in assets. Since merging, they have successfully completed 4 whole-bank acquisitions and 1 branch acquisition.

This session will should be informative whether you are a prospective seller, a would-be buyer, or a potential merger counterparty:

• For prospective sellers, learn what an acquirer actually looks for in a target including which characteristics merit a premium price…and which do not
• For would-be buyers, hear about best practices, areas of value creation, and key risks in an acquisition
• For potential merger-of-equals counterparties, listen for insights on successfully navigating the so-called social issues that are key to the success of a merger

To register for this webinar, please click the button below. If you do not receive a confirmation email after registering, please adjust your spam filter to allow emails from livestorm.co and olsenpalmer.com or email info@olsenpalmer.com.