Adam Maier Featured by Bank Director on What 2022 Could Hold for Bank M&A
"In 2020, not surprisingly, there was a major drop off in transactions. In fact, a record low number of transactions, and 2021 has seen a massive spike in transactions. I would expect that in 2022, we're going to continue to see the same high volume of transactions still dealing with pent-up demand from 2020," Maier said.
While growth is expected, Maier explained that President Biden's agency picks and executive order makes it "extremely likely" that bank M&A approvals will slow down and become a barrier to getting applications through. He went on to share advice for bank directors as they prepare for next year's growth, detailing how to best handle issues like deal demand as well as regulatory considerations.
As co-chair of the firm’s Banking & Financial Services division, Maier focuses his deep knowledge on the business interests and growth strategies of financial institutions and their owners. He advises financial institutions in a broad range of strategic transactions, including buying and selling banks and branches, de novo charters, forming holding companies, raising capital and reorganizations.