Financial Services >> Sector Roundtables >> March 31, 2003
JOSEPH A. STIEVEN is Senior Vice President and Director of the Financial
Institutions Research Group at Stifel, Nicolaus & Company, Inc. Mr.
Stieven formally established the company's coverage of the bank and
thrift industries when he joined Stifel in 1985. He is widely quoted by
both regional and national publications and has been a member of the
Wall Street Transcript's Midwest Regional Banking Panel in each of the
past 15 years. In addition, he has been recognized as the top analyst in
the country for the Midwest region by the American Banker. He has worked
on over 100 bank and thrift transactions over the past decade.
Additionally, he has managed nine financial institution equity trusts,
raising over $200 million and gaining national recognition. Prior to
joining Stifel, Nicolaus, he was an analyst/examiner with the Federal
Reserve Bank of St. Louis. He was responsible for designing and
programming the cash flow analysis programs which were used by the
Federal Reserve in reviewing merger/acquisition applications. He holds a
BSBA and an MBA, both with concentrations in finance, from the
University of Missouri-St. Louis. He previously has or currently serves
on the Board of Directors of Stifel, Nicolaus & Company, the University
of Missouri-St. Louis Alumni Business Board, and the St. Louis
University High School Advancement Board. Profile
FRED A. CUMMINGS is a Managing Director, Equity Research Analyst, with
KeyBanc Capital Markets, a division of McDonald Investments Inc. He is
responsible for all aspects of research of regional banks and thrifts.
Mr. Cummings joined the company in 1989 as a junior analyst, and
subsequently held the titles of Associate Vice President, Vice
President, First Vice President and Senior Vice President. He graduated
with honors from Oberlin College in Ohio, where he earned a Bachelor of
Arts degree in economics. Mr. Cummings is a member of the Cleveland
Society of Security Analysts, as well as the Bank and Financial Analysts
Association. He serves as a board member for the Western Reserve Academy
(assistant treasurer), Inroads Northeast Ohio Alumni Association and The
Ohio Foundation of Independent Colleges. He was named a 1998 All-Star
Analyst by The Wall Street Journal and one of 30 young leaders of the
future by EBONY Magazine. Profile
DENIS LAPLANTE is a Managing Director and leads the US bank
research effort for Fox-Pitt, Kelton Inc, a research boutique
specializing in financial services stocks in the US, Europe and
the Far East. Mr. Laplante has been with Fox-Pitt, Kelton since
1990, covering a mix of large cap and mid-cap regional
institutions across the country. Prior to joining Fox-Pitt,
Kelton, he was a regional bank analyst at Keefe Bruyette & Woods
for over five years, and spent three years as a field examiner
with the Office of the Comptroller of the Currency. Profile
still an appropriate definition?
Mr. Cummings: I would probably call them super-regional banks.
For example, U.S. Bancorp
