FACTBOX-Bove lists 17 U.S. banks as takeover targets
Sept 9 (Reuters) - With the banking sector showing some signs of stability, veteran banking analyst Richard Bove said at least 17 banks with more than $10 billion in assets each could emerge as possible takeover targets.
Bove screened 62 banks and narrowed down his list based on the following criteria: * selling at less than 10 pct of assets * reserves and common equity greater than 10 pct of assets * high level of liquidity, low non-performing assets Here's a look at the companies Bove lists as potential acquisition targets: CO NAME RIC MKT-CAP ASSETS
(In bln) (In bln) Webster Financial (WBS.N) $1.28 $17.74 Susquehanna Bancshares (SUSQ.O) $1.09 $13.89 Wilmington Trust Corp WL.N $0.82 $10.38 Capital One Financial (COF.N) $17.75 $197.49 First Horizon National (FHN.N) $2.40 $26.25 SunTrust Banks Inc (STI.N) $11.70 $170.67 Regions Financial Corp (RF.N) $8.25 $135.34 KeyCorp (KEY.N) $6.80 $94.17 Fifth Third Bancorp (FITB.O) $9.06 $112.03 MB Financial Inc (MBFI.O) $0.88 $10.64 Citizens Republic CRBC.O $0.31 $10.83 Marshall & Ilsley Corp MI.N $3.54 $53.90 Bancorp South Inc (BXS.N) $1.13 $13.42 Whitney Holding Corp WTNY.O $0.78 $11.42 International Bancshares (IBOC.O) $1.09 $11.30 Zions Bancorporation (ZION.O) $3.39 $52.15 Cathay General Bancorp (CATY.O) $0.77 $11.41
(Compiled by Abhinav Sharma, Rachel Chitra in Bangalore)