Posts by Matthew Stichnoth
Tom Brown’s Banking Weekly 11/22/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 45 TOM BROWN’S BANKING WEEKLY: 11/22/24 Financial Services Insights and Intelligence FIRST WORD: The fundamental outlook for The Bancorp continues to improve. I talked this week with Bancorp., Inc CEO Damian Kozlowski about how the year has gone and the company’s very…
Read MoreTom Brown’s Banking Weekly 11/15/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 44 TOM BROWN’S BANKING WEEKLY: 11/15/24 Financial Services Insights and Intelligence FIRST WORD: Equity market outlook: pause and rotation. The equity bull market that began in October of 2022 got an extra jolt right after the presidential election, driven largely by a…
Read MoreTom Brown’s Banking Weekly 11/8/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 43 TOM BROWN’S BANKING WEEKLY: 11/8/24 Financial Services Insights and Intelligence FIRST WORD: First Horizon is rolling along. Yesterday I caught up with First Horizon CEO Bryan Jordan. I continue to be impressed with how he has managed the institution through all sorts…
Read MoreTom Brown’s Banking Weekly 11/1/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 42 TOM BROWN’S BANKING WEEKLY: 11/1/24 Financial Services Insights and Intelligence FIRST WORD: Technology spend and U.S. bank productivity. Last week McKinsey published a report titled, “Unlocking value from technology in banking: An investor lens.” It is not long or particularly in-depth,…
Read MoreTom Brown’s Banking Weekly 10/25/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 41 TOM BROWN’S BANKING WEEKLY: 10/25/24 Financial Services Insights and Intelligence FIRST WORD: McKinsey’s 2024 annual global banking survey findings. My key takeaways from this year’s survey were, first, the performance of the global banking industry is considerably weaker than other industries,…
Read MoreTom Brown’s Banking Weekly 10/18/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 40 TOM BROWN’S BANKING WEEKLY: 10/18/24 Financial Services Insights and Intelligence FIRST WORD: Coastal Financial has thus far walked the regulatory highwire. Last week I provided some highlights from the Second Curve Capital Financial Services CEO Retreat that took place October 1-2,…
Read MoreTom Brown’s Banking Weekly 10/11/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 39 TOM BROWN’S BANKING WEEKLY: 10/11/24 Financial Services Insights and Intelligence FIRST WORD: Notes from our 20th Financial Services CEO Retreat. Second Curve Capital has held an annual Financial Services CEO Retreat since 2001, with breaks in 2009 and 2010 because of the…
Read MoreTom Brown’s Banking Weekly 9/27/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 38 TOM BROWN’S BANKING WEEKLY: 9/27/24 Financial Services Insights and Intelligence FIRST WORD: Huntington is turning up the heat on organic growth. We have clearly turned the corner. Now, it is all about focus, execution, and growth. In sum, we are…
Read MoreTom Brown’s Banking Weekly 9/20/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 37 TOM BROWN’S BANKING WEEKLY: 9/20/24 Financial Services Insights and Intelligence FIRST WORD: Pathward Financial: How many other banks earn 47% on their tangible common equity? There is little question that Pathward Financial has a uniquely attractive business model that has lately…
Read MoreTom Brown’s Banking Weekly 9/13/24
–Copyrighted Material; Do Not Forward, Photocopy, or Redistribute In Any Way– Vol. IX, No. 36 TOM BROWN’S BANKING WEEKLY: 9/13/24 Financial Services Insights and Intelligence FIRST WORD: Atlantic Union is ready for another acquisition. I have written frequently here about how most large bank acquisitions destroy value for the shareholders of the acquiror, but how some…
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