LatestInOn the record
TRACKING 56980 EVENTS · 8679 SOURCES

Frank Sorrentino

ON THE RECORD · 3 verbatim quotes · every quote source-verified

Most companies have good profit margins, stock prices are really good, and it just raises the bar if they are going to sell,

Frank Sorrentino · said date not stated · reported 2026-08-23

Sorrentino explained why healthy earnings and stock prices make banks less willing to sell.

verbatim, matched to source CNBC
Everybody thinks they're a buyer, not a seller.

Frank Sorrentino · said date not stated · reported 2026-08-23

Sorrentino commented on the current mindset of banks preferring to acquire rather than be acquired.

verbatim, matched to source CNBC
probably the best environment that we've seen since the financial crisis.

Frank Sorrentino · said date not stated · reported 2026-08-23

Sorrentino described the current climate as uniquely favorable for mergers.

verbatim, matched to source CNBC
Quote copied with attribution