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| Created | 12/11/24, 7:20 PM |
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| Title | Texas is ripe for consolidation, says Vista Bank CEO John Steinmetz |
| Link Description | John Steinmetz, president and CEO at Vista Bank, joins CNBC's 'The Exchange' to discuss Trump 2.0 and regulations, a potential IPO for Vista Bank, and more. |
| Link Url | https://www.cnbc.com/video/2024/12/09/banking-is-the-next-sector-ripe-for-consolidation-says-vista-bank-ceo-john-steinmetz.html |
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| Page Name | Vista Bank |
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| Body | Vista Bank CEO John D Steinmetz joined Kelly Evans, anchor of CNBC’s The Exchange show today to speak to 2025 banking trends in light of the new administration. When asked if Vista was going to be a catalyst in the coming M&A activity, John responded, “Absolutely, if you look at Texas in particular, there are 380 bank charters in Texas as an example. There's just over 100 in California and less than 100 in Florida. I think that Texas is ripe for consolidation. We also serve Florida and we think there's some tremendous opportunities there as well. We're looking at the IPO potential and have some institutional investors that have put nine figures behind capital commitments. We believe that there's going to be continued opportunities going forward and we're looking forward to it.” https://www.cnbc.com/video/2024/12/09/banking-is-the-next-sector-ripe-for-consolidation-says-vista-bank-ceo-john-steinmetz.html #communitybanking #commercialbanking #entrepreneurship #entrepreneur #smallbusiness #smallbiz #mainstreet #bankingtrends #mergersandacquisitions #business #finance #mergers #acquisitions #ipo #TexasBusinesses |
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