KBW is the industry leader in providing investment banking services to community and regional banks and savings institutions nationwide. Our client-focused approach has led to the development of scores of long-term relationships lasting through all stages of our clients’ life cycles and encompassing the full spectrum of investment banking products and services. Our bank and thrift investment banking officers focus on geographic regions in order to maximize the market intelligence that we provide our clients.

Our core activities include:

• Merger, Acquisition and Divestiture Advisory Services
• General and Strategic Advice
• Special Committee Advisory Services
• Initial Public Offerings, Secondary, Follow-on and Private Placement Equity Offerings
• Public and Private Debt and Hybrid Security Offerings
• Trust Preferred and Pooled Trust Preferred Offerings
• Securities Portfolio and Balance Sheet Analysis

KBW’s tradition of providing sound, value-added advice coupled with a strong capital markets practice and an unbiased research product have given us leading market share positions:

• #1 Ranked M&A Advisor to Banks and Thrifts Nationwide *
• #1 Ranked Underwriter of Bank and Thrift Common Stock Offerings **
• #1 Ranked Underwriter of Fixed Income Offerings for Regional and Community Banks ***
• #1 Provider and Pioneer of Pooled Trust Preferred Securities ****

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* Source: SNL Financial; Ranking based on number of whole bank and thrift acquisitions advised since January 1, 2002.
** Source: Dealogic; Ranking based on number of underwritten bank and thrift common stock offerings (IPO, follow-on and secondary) since January 1, 2004.
*** Source: Bloomberg; Ranking based on number and value of underwritten offerings for companies rated Baa1/BBB+/BBB+ (Moody’s/S&P/Fitch) since January 1, 2004.
**** Based on the number of pooled executions.