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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
Posted by Bruco
Charlotte, NC
Member since Aug 2016
3033 posts
Posted on 11/5/19 at 7:33 am to
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 by SeminoleMarine
Metairie
Member since Nov 2009
3679 posts
Posted on 11/5/19 at 9:57 am to
quote:

I can think of about a dozen just off the top of my head.


Name them...........
Posted by LSURussian
Member since Feb 2005
135363 posts
Posted on 11/5/19 at 11:01 am to
quote:

I can think of about a dozen just off the top of my head.



Name them...........
Okay, here you go. I'm probably leaving a few off.

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 by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 11/5/19 at 11:02 am to
Conrad Industries
CLECO
This post was edited on 11/5/19 at 11:04 am
Posted by LSURussian
Member since Feb 2005
135363 posts
Posted on 11/5/19 at 11:04 am to
quote:

Conrad Industries
Thanks. I'm not familiar with that company.

quote:

CLECO
Are you sure CLECO is a publicly traded company? I wasn't aware that it is.
This post was edited on 11/5/19 at 11:08 am
Posted by tgrbaitn08
Member since Dec 2007
148031 posts
Posted on 11/5/19 at 11:09 am to
PHI Inc.
Posted by LSURussian
Member since Feb 2005
135363 posts
Posted on 11/5/19 at 11:12 am to
quote:

PHI Inc.
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.
Posted by tankyank13
NOLA
Member since Nov 2012
8349 posts
Posted on 11/5/19 at 11:14 am to
Baw Inc.
Posted by lsu13lsu
Member since Jan 2008
11842 posts
Posted on 11/5/19 at 11:26 am to
quote:

13. Hornbeck Offshore Services Inc


Hornbeck won't be listed much longer at least on NYSE. May not exist much longer.

Posted by stout
Porte du Lafitte
Member since Sep 2006
184571 posts
Posted on 11/5/19 at 11:28 am to
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 by lsu13lsu
Member since Jan 2008
11842 posts
Posted on 11/5/19 at 11:29 am to
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.
Posted by lsu13lsu
Member since Jan 2008
11842 posts
Posted on 11/5/19 at 11:30 am to
Amedisys is "headquartered" in Baton Rouge, LA. No heads are in Baton Rouge, LA though.
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