Banks and Thrifts
At Raymond James, our focus on the banking industry extends from local community banking institutions to large global money centers, as well as specialty niche banks. Our primary investment banking focus is providing services to community and regional banks and thrift institutions nationwide.
Our specialized approach to business involves establishing long-term, strategic relationships with high-performing organizations and providing fully customized advice on a variety of topics including:
- Capital formation,
- Whole bank and branch acquisitions and divestitures,
- Stock repurchases, and
- Capital deployment.
Every other month, our investment banking group publishes a “State of the Markets” capsule summarizing valuation trends in the banking industry.
Additionally, our bank and thrift practice is supported by the research coverage of approximately 80 depository institutions.
Banker Contacts:
Daniel Coughlin
Michael T. Mayes
David Papritz
Paul Reese
William Wagner
Michael J. Walker
Christopher W. Choate
Aaron C. DiRusso
Sanjay Patel
Daniel Weber
Shawn Keenan
Brian Nestor
Matthew Paramore
Eric Radzak
Andrew Ross
Charles Stubbs
Christian Zych
Daniel Coughlin
Managing Director and Co-Head of Financial Institutions Group
Sector Focus: Banks and Thrifts
Chicago
312-612-7752
dan.coughlin@raymondjames.com
Mr. Coughlin joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett and is currently the co-head of the firm’s Financial Institutions Group. Coughlin was the chairman, president, and CEO of Howe Barnes, a firm he joined in 1993. In all, Coughlin has more than 25 years in investment banking, equity research, bank supervision and regulation, and commercial and community banking with such firms and agencies as the Federal Reserve Bank of Chicago, American National Bank, Chicago, IL and the McHenry State Bank, McHenry, IL. Coughlin graduated from Western Illinois University with a Bachelor’s degree in Finance and received an MBA from DePaul University.
Michael T. Mayes
Managing Director
Sector Focus: Banks and Thrifts
New York
212-672-6833
michael.mayes@raymondjames.com
Mr. Mayes, who joined Raymond James in 2006, has more than 25 years of investment banking experience. Prior to joining Raymond James, he served as a senior managing director of Advest, Inc. He has extensive experience in public offerings of equity and equity-linked securities, as well as the initiation, structuring and negotiation of merger and acquisition transactions. Mayes holds a bachelor’s degree in business administration from Montclair State University.
Paul Reese
Managing Director
Sector Focus: Banks and Thrifts
San Francisco
415-616-8000
paul.reese@raymondjames.com
Mr. Reese joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett. Prior to joining Howe Barnes in 2007, Reese was a Managing Director of Professional Bank Services. In his more than 15 years of investment banking experience, Reese has represented more than 80 financial institutions in completed merger & acquisition transactions. Reese received his Bachelor of Science in Finance from The McIntire School of Commerce at the University of Virginia and he is also a Chartered Financial Analyst.
David Papritz
Managing Director
Sector Focus: Banks and Thrifts
Chicago
312-612-7731
david.papritz@raymondjames.com
Mr. Papritz joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett, joining the firm in 2007 after working for LaSalle Bank Corporation for almost 20 years. Papritz played an influential role in the company's growth having served as CFO of the Chicago based community banking group and also leading the organization's acquisition program during the 1990's that resulted in the bank growing from just over $3 billion in assets in 1990 to over $100 billion in 2000. Papritz graduated from Luther College with a Bachelors of Arts degree in business and English and received an MBA from the Kellogg School of Management at Northwestern University.
William Wagner
Managing Director
Sector Focus: Banks and Thrifts
Raleigh
919-424-0101
william.j.wagner@raymondjames.com
Mr. Wagner joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett. Prior to joining Howe Barnes in 2005, Wagner co-founded the Financial Institutions Group at Triangle Capital Partners. Prior to joining Triangle Capital Partners in 2002, Wagner was a Senior Vice President at Trident Securities. He served as a Vice President and corporate tax manager of First Citizens Bank, Raleigh, NC prior to joining Trident. He began his career as a tax consultant at Deloitte & Touche in Columbus, OH. Wagner holds a BS degree from Miami University and an MBA degree from the Fuqua School of Business at Duke University. Wagner is also a Certified Public Accountant.
Michael J. Walker
Managing Director
Sector Focus: Banks and Thrifts
Chicago
312-612-7702
michael.walker@raymondjames.com
Mr. Walker joined Raymond James in 2000 as a member of the Financial Services Group. Prior to joining Raymond James, he worked in the Chicago office of McDonald Investments, Inc., where he was a managing director and a member of the President’s Council. Before joining McDonald in 1997, Walker was employed by ABN AMRO Inc. and Merrill Lynch in their investment banking offices in Chicago. He attended the University of Port Elizabeth, Amherst College and the Kellogg Graduate School of Management at Northwestern University.
Christopher W. Choate
Senior Vice President
Sector Focus: Banks and Thrifts
St. Petersburg
727-567-5022
chris.choate@raymondjames.com
Mr. Choate joined Raymond James in December 2004 from Ryan Beck & Company, where he worked as a managing director in the Financial Institutions Group. Prior to joining Ryan Beck in 2002, he worked in Scott & Stringfellow’s Financial Institutions Group for 10 years. Choate is involved in new business development, relationship management and investment banking transaction execution. His expertise in the financial institutions arena includes mergers and acquisitions, capital formation, strategic planning and other financial advisory services. He holds a bachelor’s degree from the University of Virginia.
Daniel Weber
Senior Vice President
Sector Focus: Banks and Thrifts
Chicago
312-612-7703
dan.weber@raymondjames.com
Mr. Weber joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett. Weber joined Howe Barnes in 2008 after 12 years at Sandler O’Neill & Partners, where he led and participated in numerous transactions including mergers and acquisitions, capital offerings and general advisory assignments for depository institutions on both coasts and the Midwest. Weber received his BS in Finance from the McIntire School of Commerce at the University of Virginia.
Aaron C. DiRusso
Senior Vice President
Sector Focus: Banks and Thrifts
New York
212-672-6832
aaron.dirusso@raymondjames.com
Mr. DiRusso joined Raymond James in 2006, bringing 10 years of experience within the financial services industry sector. He primarily focuses on transaction execution and relationship management, with significant experience in mergers and acquisitions, public offerings, strategic advisory, and private placements. Prior to joining Raymond James, Mr. DiRusso worked in the financial institutions group at Advest, Inc. He holds a BA from Boston College.
Shawn Keenan
Vice President
Sector Focus: Insurance and Banks and Thrifts
Chicago
312-612-7701
shawn.keenan@raymondjames.com
Mr. Keenan joined Raymond James in 2007 and is active in mergers and acquisitions, public offerings, and private placements. Prior to joining Raymond James, Mr. Keenan worked for JPMorgan Private Bank and served as a Lieutenant in the United States Navy. Mr. Keenan holds an M.B.A. degree from the J.L. Kellogg School of Management at Northwestern University and a B.A. degree in Business Administration from the University of Florida.
Brian Nestor
Vice President
Sector Focus: Banks and Thrifts & Asset Management and Closed-End Funds
St. Petersburg
727-567-1759
brian.nestor@raymondjames.com
Mr. Nestor has worked with the Raymond James Financial Institutions Group for over three years. Mr. Nestor enjoys over 10 years of experience working with public and private companies. Mr. Nestor is active in mergers and acquisitions, public offerings and private placements, as well as initial public offerings of closed-end investment companies. Prior to joining Raymond James, Mr. Nestor worked as a corporate bankruptcy and commercial litigation attorney. Mr. Nestor received his M.B.A. degree, magna cum laude, in 2005 from the University of Notre Dame and received his J.D. degree from the Notre Dame Law School. Mr. Nestor holds a bachelor’s degree in finance from Florida State University.
Matthew Paramore
Vice President
Sector Focus: Banks and Thrifts
Raleigh
919-424-0104
matthew.paramore@raymondjames.com
Mr. Paramore joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett. Prior to joining Howe Barnes in 2005, he was an analyst in the Financial Institutions Group at Triangle Capital Partners. Mr. Paramore has provided investment banking services to community financial institutions for the past eight years. He graduated cum laude from Davidson College with an A.B. in Economics and Classics. Mr. Paramore holds the Chartered Financial Analyst designation.
Sanjay Patel
Senior Vice President
Sector Focus: Banks and Thrifts
Chicago
312-612-7707
sanjay.patel@raymondjames.com
Mr. Patel joined Raymond James in 2000. Within the firm’s Financial Institutions Group, he is primarily focused on mergers and acquisitions and private and public financings for depository institutions. Prior to Raymond James, Mr. Patel worked in the financial services group at McDonald Investments, Inc. He graduated from Northwestern University with a BA in economics and a minor in African studies.
Eric Radzak
Vice President
Sector Focus: Banks and Thrifts
Chicago
312-612-7751
eric.radzak@raymondjames.com
Mr. Radzak joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett, a firm he joined in 2004. Mr. Radzak has provided investment banking, capital markets, and general financial advisory services to financial institutions for over 10 years with such firms as Piper Jaffray & Co and Banc One Capital Markets. Mr. Radzak graduated from Cornell College with a Bachelor’s Degree in Economics and Business.
Andrew Ross
Vice President
Sector Focus: Banks and Thrifts
Chicago
312-612-7697
andrew.ross@raymondjames.com
Mr. Ross joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett, which he joined in July 2006. He previously worked as an analyst in the strategy and planning group at PepsiCo. Prior to that, he worked as an analyst in the investment banking group at Merrill Lynch, where he worked on various mergers & acquisitions and capital market advisory assignments. Mr. Ross earned his B.S. in Finance from the University of Illinois at Urbana-Champaign and an M.B.A. from the Kellogg School of Management at Northwestern University.
Charles Stubbs
Vice President
Sector Focus: Banks and Thrifts
Raleigh
919-424-0103
charles.stubbs@raymondjames.com
Mr. Stubbs joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett. Stubbs has over 10 years of investment banking experience for financial institutions. Prior to joining Howe Barnes in 2005, Stubbs was an investment banker at Trident Securities, a Division of McDonald Investments, Inc., from 2000 to 2005. Prior to Trident, he was in the Enterprise Corporate Finance Executive Training Program at First Union in Charlotte, NC. He received a BS in Accounting from North Carolina State University and an MBA from the Kenan-Flagler Business School at the University of North Carolina at Chapel Hill.
Christian Zych
Vice President
Sector Focus: Banks and Thrifts
Raleigh
919-424-0105
christian.zych@raymondjames.com
Mr. Zych joined Raymond James in 2011 as part of the merger with Howe Barnes Hoefer & Arnett. Prior to joining Howe Barnes in 2007, Zych was the Senior Vice President and Director of Mergers & Acquisitions at United Community Banks, Inc. from 2002 to 2007. Previous experience also includes working in both the Corporate and Investment Banking and the Corporate Strategy – Mergers & Acquisitions divisions of SunTrust Banks, Inc. Zych received a BS in Finance from Bentley University and an MBA from the Babcock Graduate School of Management at Wake Forest University.