Stock price when the opinion was issued
Believes it is the 5th largest bank in the US. Has a nice dividend yield of 2.7%. Very strong in commercial lending as well as business lending, and works with consumers. Has very good relationship management with communities in the Midwest. It really makes sense to buy a company like this. There will be more integration and more acquisitions within banking.
With the US becoming more self-sufficient in energy, will this affect the small pipelines negatively? We’ll have to see how that works out. One of the problems with oil coming from fracing is, what is the curve going the other way. The sustainable production declines quickly. Well managed.