Rick Childs
Partner
Cloudy M&A Expectations for 2021
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About the authors
Written by
Rick Childs
Partner
Rick Childs is a partner at Crowe LLP. He has over 35 years of experience in business valuation, transaction advisory services and accounting for financial services companies. Mr. Childs is the national practice leader overseeing the delivery of transaction and valuation services to the firm’s financial institutions clientele. His business valuation experience includes ASC 805 purchase price allocations including a focus on loan valuations, ASC 350 goodwill impairment testing and valuation of customer relationship intangible assets, including core deposit intangibles.
Mr. Childs is a frequent presenter for both national and state professional organizations including the SNL Financial, Bank Director, AICPA and Financial Managers Society. He has published articles on mergers and acquisitions in the ABA’s Commercial Insights, Community Banker, Bank Director and Bank Accounting & Finance.
Due to the Covid-19 pandemic, related economic downturn and recent presidential election, 2020 was a historic year characterized by high levels of uncertainty. These circumstances resulted in a significant drop in M&A activity in the banking sector, as stock prices dropped and bankers’ focused on serving customers and supporting their staff.
Bank Director’s 2021 Bank M&A Survey, sponsored by Crowe LLP, explores this unique environment. Rick Childs, a partner at Crowe, offers his perspective on the survey results – and what they mean for 2021 – in this video.
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Top Deal Drivers
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Pricing Expectations
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Looking Ahead
WRITTEN BY
Rick Childs
Partner
Rick Childs is a partner at Crowe LLP. He has over 35 years of experience in business valuation, transaction advisory services and accounting for financial services companies. Mr. Childs is the national practice leader overseeing the delivery of transaction and valuation services to the firm’s financial institutions clientele. His business valuation experience includes ASC 805 purchase price allocations including a focus on loan valuations, ASC 350 goodwill impairment testing and valuation of customer relationship intangible assets, including core deposit intangibles.
Mr. Childs is a frequent presenter for both national and state professional organizations including the SNL Financial, Bank Director, AICPA and Financial Managers Society. He has published articles on mergers and acquisitions in the ABA’s Commercial Insights, Community Banker, Bank Director and Bank Accounting & Finance.