The inability of most bank merger studies to control for hidden bailouts may lead to biased results. In this study, we … employ a unique data set of approximately 1,000 mergers to analyze the determinants of bank mergers. We use data on the …

German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous … matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost … efficiency (CE). We categorise mergers a success that fulfill simultaneously two criteria. First, merged institutes must exhibit …

The question of whether or not mergers and acquisitions have helped to enhance banks' efficiency and profitability has … problems involved. In this study, we analyze the effect of German bank mergers in the period 1995-2000 on banks' profitability … and cost efficiency. We suggest a new matching strategy to control for the selection effects arising from the fact that …

by changes following bank mergers involving Federal Reserve customer banks. This paper evaluates the effect of bank … two or more Reserve Bank customers have resulted in volume losses, especially during the first quarter following the … merger. On average, the estimated cumulative loss of volume during the first five post-merger quarters was 2.6 million checks …

diversify the sources of revenues was apparent. The cost and profit efficiency analysis based on 33 bank-to-bank mergers … the impact of M&As in European banking on profitability and efficiency, considering the breakdown between domestic and …, confirmed an improvement of cost efficiency and little improvement of profit efficiency for domestic transactions; whereas, no …

In this paper, we investigate how bank mergers affect bank revenues and present empirical evidence that mergers among … banks have a substantial and persistent negative impact on merging banks' revenues. We refer to merger related negative … customers and the temporary distraction of management from day-to-day operations by effecting the merger. For our analyses we …

merger related effects on small business lending in Germany from a bank-level perspective. Furthermore, we estimate small … businesses compared to prior to the merger or compared to the contemporaneous lending by non-merging banks. We investigate the …

comparatively cheap deposits of bank's liabilities but among other factors especially by the size of the bank. In our empirical … finding of a strong influence of bank size on funding costs is also in an in international context of great interest as … mergers among small local banks - the key driver of bank growth - are a recent phenomenon not only in European banking that is …

enjoy a significant reduction in funding costs if affiliation with a bank extended the federal safety net for banks to cover …

different banks as being best or worst performers. Our main conclusion is that efficiency studies in general and bank efficiency … affect estimated efficiency levels and rankings. We find that the level of efficiency scores is affected in the case of both … studies in particular should account for heterogeneity across sample firms. Especially when efficiency measures are employed …