MOTIVATION EXISTS: "There are a lot of competitive pressures. So if you take the opportunity to put companies together, there are a lot of redundant costs that are scalable. That makes a merger look attractive," says Kenneth Mahon, Dime Community's CFO.

Dime in N.Y. Admits Interest in MOE as Activity Heats Up

The Brooklyn company points to the recently announced merger of Rockville and United Financial in the New England, along with other deal, as evidence that similarly sized banks can reach agreement.

To continue, please log in, register or subscribe.
Already a subscriber? Log in here
Please note you must now log in with your email address and password.

Already a subscriber? Log in here
Please note you must now log in with your email address and password.