goal of this paper is to investigate the change in operating performance, efficiency, and value addition of US bank mergers … examine the factors that have significant impact on changes in bank performance. Our empirical results lead to the conclusion … that the industry-adjusted operating performance of merged banks increases significantly after a merger. This finding is …

evidence supporting the collusion and productive efficiency hypotheses. By analyzing 425 bank mergers and a total of 1112 … attributed to either the collusion, productive efficiency, acquisition probability or pre-emptive merger hypothesis. In contrast …Abstract: Using a unique sample of 425 bank mergers in the US announced between 2000 and 2008 this paper provides clear …

We analyze the role of bank mergers as determinants of the evolution of branch presence at the county level. Panel …- and post-crisis. The results indicate that bank mergers contributed to the increase of branches in the pre-crisis period …

takeover of U.S. thrifts during a period of market liberalization and widespread takeover activity, 1994 to 2000. In the first … cost inefficiency. For takeovers by banks, a significant negative relationship between cost inefficiency and takeover is …

-level productivity. We also examine whether M&As increase efficiency through reallocation of production to more efficient plants or … are robust to a range of approaches to address the endogeneity of firms' merger decisions …

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

In this study, we examine non-government-assisted US commercial bank merger activity prior to, and during the recent … discrepancies between targets and acquirers are also greater for crisis period mergers, suggesting that merger gains outweigh …. Lastly, we find overall merger announcement value creation during the financial crisis is greater when targets have higher …

This paper investigates the role of textual information in a U.S. bank merger prediction task. Our intuition behind … highlight the importance of textual information in a bank merger prediction task … this approach is that text could reduce bank opacity and allow us to understand better the strategic options of banking …