BBT over the years largely has grown through the merger-and- acquisition process, acquiring community banks and thrifts, and that's been successful on our part. Over the last year we've had a little of this indigestion from a lot of mergers over a short period. We needed to take a little breather to refocus on organic revenue growth, and we think we're near that period of time where our internal operations are where we want, so we're looking at getting back into the (MA) business.
More Quotes from John Allison:
I think the market needs to believe that interest rates have peaked, and secondly, that we are not going to have a recession at that point.John Allison
We grew up competing with much larger institutions. They are very good at what they do and we knew that we couldn't beat them at their game.
John Allison
We continue to look, but the problem is the market price. There are companies interested in selling, but they have such high expectations that when you run the numbers, you can't match the market price in many cases. It doesn't make any economic sense to me.
John Allison
Most people realize that capitalism is a great system for achieving productivity, but a lot of people also seem to think it also has an immoral side to it. We happen to believe it's a direct result of freedom, and we wanted to encourage colleges to look at it.
John Allison
If it's too good to be true, something's wrong.
John Allison
Traditionally, we haven't scored very well in the region, but a lot of times in the past we were so much better than the competition that it didn't matter. This year, we're not as good, and the competition is better. Hopefully, with those two things, we'll get fired up and shoot a good score.
John Allison
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Based on Topics: Business & Commerce Quotes, Time QuotesBased on Keywords: bbt, breather, refocus, thrifts
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