Slideshow Will These Banks be the Next to Sell?

Published
  • September 10 2012, 1:57pm EDT
6 Images Total

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Astoria Financial

Ticker symbol: AF

Assets: $17.8 billion

HQ: Lake Success, N.Y.

Astoria, led by CEO Monte Redman, suffered blows from the housing crisis and faces interest-rate risks similar to those that drove Hudson City to find a buyer.

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Texas Capital Bancshares

Ticker symbol: TCBI

Assets: $9.14 billion

HQ: Dallas

Texas has been one of the hottest bank M&A markets, the chairman and CEO of Texas Capital are both more than 65 years old, and it reportedly explored selling about two years ago.

BancorpSouth

Ticker symbol: BXS

Assets: $13.8 billion

HQ: Tupelo, Miss.

BancorpSouth has "a bright future" and could be a consolidator, Chairman and CEO Aubrey Patterson has said. But credit burdens, regulatory costs and revenue challenges could make going it alone difficult.

First Commonwealth Financial<TAB>

Ticker symbol: FCF

Assets: $5.9 billion

HQ: Indiana, Pa.

Strengthening demand for banks in Pennsylvania, a CEO change this year and a plethora of potential buyers could prompt investor pressure for First Commonwealth to sell.

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OceanFirst Financial

Ticker symbol: OCFC

Assets: $2.3 billion

HQ: Toms River, N.J.

The recent departure of OceanFirst's president could make this profitable bank -- based in the town where "The Amityville Horror" was filmed -- an appealing target for buyers in the New York region.