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re: IberiaBank to merge into First Horizon moving HQ to Memphis
Posted on 11/5/19 at 7:33 am to LPTReb
Posted on 11/5/19 at 7:33 am to LPTReb
quote:
Small banks being consolidated into large banks is more of a symptom of other issues. Overregulation and the costs of compliance are big issues for small banks, and unfortunately, that’s not going away. The man hours it takes to book a loan has gone up exponentially in the past 15-20 years due to regulatory compliance. Large banks get some scale in those areas. Another big issue for community banks is that their niche is being invaded by credit unions and the farm credit system, which are being allowed to operate well outside of their original scope. When you have to pay taxes while competing with non taxpaying entities, you’re fighting with both hands tied behind your back.
Bingo.
And throw in trying to keep up with the big banks from a technology perspective as consumers demand more and more convenience for less and less in fees and it’s really difficult to exist in that community bank/small regional bank universe
Posted on 11/5/19 at 9:57 am to LSURussian
quote:
I can think of about a dozen just off the top of my head.
Name them...........
Posted on 11/5/19 at 11:01 am to SeminoleMarine
quote:Okay, here you go. I'm probably leaving a few off.
I can think of about a dozen just off the top of my head.
Name them...........
1. CenturyLink
2. Investar Bank
3. Entergy
4. Waitr Holdings
5. First Business Bank
6. Pool Corporation
7. First Guaranty Bancshares
8. Amedisys Inc
9. H & E Equipment
10. Lamar Advertising
11. Crown Crafts Inc
12. Globalstar Inc
13. Hornbeck Offshore Services Inc
Posted on 11/5/19 at 11:02 am to LSURussian
Conrad Industries
CLECO
CLECO
This post was edited on 11/5/19 at 11:04 am
Posted on 11/5/19 at 11:04 am to tgrbaitn08
quote:Thanks. I'm not familiar with that company.
Conrad Industries
quote:Are you sure CLECO is a publicly traded company? I wasn't aware that it is.
CLECO
This post was edited on 11/5/19 at 11:08 am
Posted on 11/5/19 at 11:12 am to tgrbaitn08
quote:I'm pretty sure PHI was de-listed when it filed for bankruptcy. But I could be wrong about that. I'm just going by memory.
PHI Inc.
Posted on 11/5/19 at 11:26 am to LSURussian
quote:
13. Hornbeck Offshore Services Inc
Hornbeck won't be listed much longer at least on NYSE. May not exist much longer.
Posted on 11/5/19 at 11:28 am to LSURussian
quote:
4. Waitr Holdings
Not sure how much life they have left. Guess it depends on how much Tillman Fertita likes propping it up.
Posted on 11/5/19 at 11:29 am to LSURussian
Conrad is traded OTC. There are probably a few no one knows about that trades like that.
Cleco was bought out in 2016 by a foreign company.
Cleco was bought out in 2016 by a foreign company.
Posted on 11/5/19 at 11:30 am to stout
Amedisys is "headquartered" in Baton Rouge, LA. No heads are in Baton Rouge, LA though.
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