Cornett, Marcia Millon; McNutt, Jamie John; Tehranian, … - In: Journal of Money, Credit and Banking 38 (2006) 4, pp. 1013-1050
This paper examines operating performance around commercial bank mergers. We find that industry-adjusted operating performance of merged banks increases significantly after the merger, large bank mergers produce greater performance gains than small bank mergers, activity focusing mergers produce...