Despite passage of interstate banking legislation last year, the bank mergers and acquisitions market limped into 1995, hobbled by low bank and thrift stock prices.

And unless there are profound equity price shifts upward, the M&A market for 1995 will not match the fast and frenetic pace of consolidation that marked the first nine months of last year, industry observers said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.