Acquisition offers for community banks are settling down to price levels more consistent with their earnings, after months of unusually expensive deals, analysts say.

"It's bringing back some measure of caution to the marketplace," said First Albany Corp. bank analyst Don J. Kauth.

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.