In case you haven't been following along, I've been highlighting regional banks that have been feasting on other financials institutions. These opportunistic regionals have been making brilliant acquisitions at a blistering - and largely unnoticed - pace: First, they helped themselves to "dead" banks through FDIC-assisted transactions, essentially capturing the upside on performing loans while shifting covered loan losses to the government. Now that the list of walking "dead" financials has started to dry up, these powerhouse regionals have moved onto the "living", using strong balance sheets to buy up "live" banks on the cheap. I identified a number of these voracious regionals in the past including Bank of the Ozarks (NASDAQ:OZRK) (the Southern bank has more...
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