Industry Analysis & Industry Trends
Although the industry experienced severe ups and downs over the past five years, commercial banks are set to recover in the five years to 2021. Banks endured massive loan losses as a result of the credit crisis, causing revenue to contract significantly. However, improving consumer confidence and corporate profit will facilitate improvements in the credit market, enabling operators to grow their deposits and offer competitive rates... purchase to read more
Industry Report - Industry Key Buyers Chapter
The subprime mortgage crisis has caused large-scale merger and acquisition activity in the banking sector. Within the commercial banking sector, four out of the top five commercial banks have either merged or acquired banks struggling with losses associated with the crisis. This activity resulted in an increase in market share concentration within the industry. The top four banks are expected to account for 28.0% of total industry revenue in 2016, up from 24.8% in 2011.
Although the top four banks combined have increased their market share after the recession, losses by major players Citigroup and Bank of America caused their individual market share to weaken. These losses, however, were offset by Wells Fargo's and JP Morgan's large acquisitions in the five years to 2016... purchase to read more