Banking regulators seem to be trying to achieve a delicate balance between a banking system that is too consolidated among a small group of giant institutions ("too big to fail") and a system that is too fragmented to run efficiently and provide high levels of service. While I believe that regulators will be loath to let the top 10 (or perhaps the top 20) banks get much larger, I also believe they'd like to see even more competition coming from the next tier. To that end, Sandy Spring Bancorp (SASR) could have an interesting future in the Mid-Atlantic region as either a growth-by-M&A story or as a target itself.
Small By Some Measures, But Bigger Than You Think...
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