Financial Advisers' Fees for Top 25 Bank and Thrift Mergers Completed in First Half of 2001 Published August 7, 2001

August 07, 2001, 10:08 a.m. EDT 1 Min Read

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Financial Advisers' Fees for Top 25 Bank and Thrift Mergers Completed in First Half of 2001
Published August 7, 2001

	Buyer	Seller	Price ($000)	Buyer's primary financial adviser	Fee as a % of deal value	Seller's primary financial adviser	Fee as a % of deal value	Seller's assets ($000)	Seller's employees
1	Firstar Corp. Wis.	U.S. Bancorp Minn.	$22,294,488	Credit Suisse First Boston Corp.	0.11%	Goldman, Sachs & Co.	0.13%	$87,336,000	28,919
2	FleetBoston Financial Corp. Mass.	Summit Bancorp N.J.	7,427,644	Donaldson Lufkin & Jenrette Securities	NA	Merrill Lynch & Co.	0.4	39,464,998	9,024
				Goldman, Sachs & Co.	NA
3	Fifth Third Bancorp Ohio	Old Kent Financial Corp. Mich.	5,513,703	Salomon Smith Barney	0.2	Merrill Lynch & Co.	0.53	22,518,600	8,676
4	ABN AMRO North America Inc. Ill.	Michigan National Corp. Mich.	2,750,000	NA	NA	Lazard Freres & Co. LLC	NA	11,634,450	3,340
5	Washington Mutual Inc. Wash.	Bank United Corp. Tex.	2,393,383	Lehman Brothers	NA	Goldman, Sachs & Co.	0.75	18,197,572	2,614
6	Royal Bank of Canada	Centura Banks Inc. N.C.	2,092,241	Credit Suisse First Boston Corp.	NA	Keefe, Bruyette & Woods Inc.	0.25	11,482,009	3,423
7	Comerica Inc. Mich.	Imperial Bancorp Calif.	1,315,624	NA	NA	Donaldson Lufkin & Jenrette Securities	0.65	7,441,954	1,379
						Credit Suisse First Boston Corp.	NA
8	BB&T Corp. N.C.	Century South Banks Inc. Ga.	465,366	NA	NA	Robinson-Humphrey Company	0.14	1,614,497	678
9	Valley National Bancorp N.J.	Merchants New York Bancorp N.Y.	413,727	Sandler ONeill & Partners LP	0.09	CIBC World Markets	0.6	1,369,676	236
10	Wachovia Corp. N.C.	Republic Security Financial Corp Fla.	382,152	NA	NA	Sandler ONeill & Partners LP	0.75	3,396,980	881
11	M&T Bank Corp. N.Y	Premier National Bancorp N.Y.	347,501	NA	NA	J.P. Morgan & Company	0.59	1,573,803	550
						Keefe, Bruyette & Woods Inc.	0.24
12	BB&T Corp. N.C.	FCNB Corporation Md.	326,384	NA	NA	Danielson Associates Inc.	0.51	1,593,067	546
13	Park National Corp. Ohio	Security Banc Corp. Ohio	271,099	NA	NA	Austin Associates Inc.	0.15	986,529	312
14	Fifth Third Bancorp Ohio	Capital Holdings Inc. Ohio	260,266	NA	NA	Austin Associates Inc.	0.5	1,084,667	133
15	FBOP Corp. Ohio	PBOC Holdings Inc. Calif.	198,337	NA	NA	Keefe, Bruyette & Woods Inc.	0.88	3,276,687	226
						Sandler ONeill & Partners LP	0.75
16	Chemical Financial Corp. Mich.	Shoreline Financial Corp. Mich.	179,785	W.Y. Campbell & Co.	0.46	Keefe, Bruyette & Woods Inc.	0.63	1,053,276	340
17	BB&T Corp. N.C.	Virginia Capital Bancshares Va.	176,104	NA	NA	Trident Securities	0.44	532,675	63
18	Compass Bancshares Inc. Ala.	FirsTier Corp. Colo.	174,108	NA	NA	Alex Sheshunoff & Co.	NA	874,850	259
19	Union Planters Corp. Tenn.	Jefferson Savings Bancorp Mo.	172,860	Stifel, Nicolaus & Co.	NA	Sandler ONeill & Partners LP	0.97	1,634,214	362
20	Zions Bancorp. Utah	Eldorado Bancshares Calif.	169,530	N.A.	NA	Keefe, Bruyette & Woods Inc.	0.75	1,262,391	530
21	Hudson River Bancorp N.Y.	Cohoes Bancorp N.Y.	159,263	Sandler ONeill & Partners LP	NA	Keefe, Bruyette & Woods Inc.	1	739,335	210
22	BB&T Corp. N.C.	FirstSpartan Financial Corp. S.C.	146,342	NA	NA	Trident Securities	0.73	585,657	157
23	F&M National Corp. Va.	Atlantic Financial Corp. Va.	123,712	NA	NA	Davenport & Co. LLC	0.14	387,301	211
24	Glacier Bancorp Mont.	WesterFed Financial Corp. Mont.	113,310	D.A. Davidson & Co.	0.5	Putnam Lovell	0.96	945,663	332
25	Trustmark Corp. Miss.	Barret Bancorp Tenn.	102,345	NA	NA	NA	NA	516,489	169
	Averages				0.27		0.56%