Kroll Bond Rating Agency Publishes Comment on Surging Bank Acquisitions; Stable to Positive for Ratings

NEW YORK–(BUSINESS WIRE)–Kroll Bond Rating Agency (KBRA) releases comment: Surging Bank Acquisitions Stable to Positive for Ratings. The report makes the following key points: Bank merger and acquisition activity, driven by rising interest rates and equity market valuations, has surged since the U.S. presidential election. Higher stock prices have improved the “currencies” of acquiring banks and motivated target banks to sell at more attractive valuations compared with just a few months ago.