From how-to articles, director training videos, key interviews with industry leaders and more, Bank Services provides bank executives and directors with the tools to help grow their financial institutions.rnrnTo sign up for exclusive access to this online bank board resource, please contact Bank Services at 615-777-8461 or [email protected].
How a Texas CEO Made a Difficult Sale Work for His Shareholders, His Bank and Himself
How do you raise money from investors at $10 per share and then turn around a year and a half later and ask them to approve a sale of your bank at $7 per share? That’s exactly what Kevin Hanigan did. The scrappy CEO of a $508-million asset bank in Texas made himself the CEO of a $3.2-billion asset bank by selling his bank to a larger institution, and persuading his shareholders that taking less is more, at least in the long haul. It seemed to work out not just for Hanigan, but the shareholders, too. Background Highlands Bancshares Inc.…
You have accessed a resource that is only available to our Bank Services members.
Read The Article
Please enter your username and password bellow. If you have established a password please click ‘forgot your password’