Commerce Street’s Financial Institutions Group practice centers exclusively on serving the needs of the financial services sector. Our goal is to build long-term relationships by providing sound, comprehensive advice, expert structuring and optimum execution to banks, bank-holding companies, and allied businesses. Our bankers and analysts come with deep backgrounds in the banking sector, having served at senior levels in large financial institutions, on Wall Street and in the regulatory community. Since 2007, Commerce Street Capital, LLC has advised clients on 32 merger and acquisition transactions, comprising more than $1 billion in deal value, consistently ranking #1 in our market* as determined by aggregate number of deals in the Southwest.
By creating tailored solutions to meet our clients’ objectives, we become valuable partners. We specialize in:
Commerce Street Capital also has the capability to raise institutional money for financial institutions and investor groups who require larger capital raises. Our expertise is in:
Preston Simons is a Vice President in the Financial Institutions Group for Commerce Street Capital, LLC. Mr. Simons provides analytical support for the team on both sell-side and buy-side M&A transactions, fairness opinions, capital raises, and distressed bank and asset management advisory. Mr. Simons is responsible for the development of projection and merger models, pro forma and valuation analysis, and assisting in running deal processes. He is also involved in the preparation of offering memoranda and management/board presentations.
Mr. Simons joined the firm in June 2010 after graduating from The University of Texas at Austin with a BS in Mathematics and a BBA in Finance.
Mr. Simons is a registered representative and has passed the FINRA Series 7, 79, and 63 examinations.
email@example.com | (214) 545-6828
Eric M. Corrigan
Eric M. Corrigan is a Managing Director in the Financial Institutions Group of Commerce Street Capital, LLC. He advises companies on mergers and acquisitions, balance sheet restructuring, business plan development and the private placement of capital for initial and secondary offerings, having advised on over $30 billion of strategic transactions and $35 billion of capital raises in a career spanning nearly 30 years.
Prior to joining Commerce Street in 2017, Mr. Corrigan was with FBR Capital Markets, and has spent portions of his career at KBW, Fox-Pitt Kelton and Citigroup, having started his investment banking at Salomon Brothers Inc. In addition, he worked as a bank holding company examiner for the Denver branch of the Kansas City Federal Reserve District.
He is a summa cum laude graduate of the University of Colorado at Boulder, with a B.S. in Finance. Mr. Corrigan splits time between CSC’s Dallas headquarters and an office in Irvington, NY where he resides with his wife Jeannette and their three children. In his free time he enjoys playing golf, skiing, paddle tennis and walking the family rescue dog.
firstname.lastname@example.org | (214) 545-6843
Steven M. Ellis
Steven M. Ellis is a Managing Director of Commerce Street Capital, LLC with the Corporate Investment Banking and Financial Institutions group. Mr. Ellis is a financial executive with over 35 years of experience in the financial services industry as an investor, executive, advisor and director of financial institutions and other businesses. His responsibilities at Commerce Street include the structuring and negotiating of merger and acquisition transactions, the private placement of subordinated debt and equity securities, and the identification and implementation of strategic alternative investments for businesses.
Prior to joining CSC, he was the Chief Financial Officer of a privately held healthcare company. Previously, he served as Texas Market President for a publicly traded bank, specializing in the development of commercial and industrial (C&I) banking relationships in Texas. Mr. Ellis also spent seven years as an investment banker for a national investment bank executing mergers and acquisitions and strategic advisory roles for financial institutions in Kansas, Oklahoma and Texas. Mr. Ellis was also an Executive Vice President and founding partner for a privately held investment company that specialized in public and private investments in financial institutions. He began his career with an international public accounting firm as a CPA performing audits and consulting projects for a variety of industries including both public and private banks.
Mr. Ellis graduated with a BBA in accounting from Abilene Christian University. He is active in a variety of charities including the American Heart Association and Light Up to Live for military veterans. He holds the FINRA series 7 and 66 licenses.
email@example.com | (214) 545-6820
Michael D. Perry
Michael D. Perry is a Managing Director in the Financial Institutions Group of Commerce Street Capital, LLC. Mr. Perry has over 20 years of experience advising depository institutions on a range of transactions including mergers and acquisitions, divestitures, restructurings, and debt and equity capital raising. He has advised on over 50 M&A transactions with an aggregate deal value of over $80 billion and has worked on more than 25 capital offerings raising over $23 billion in the aggregate.
Prior to joining Commerce Street in 2018, Mr. Perry was a Managing Director in the Financial Institutions Group at Piper Jaffray and has worked across the bulge bracket and boutique spectrum serving at firms such as Morgan Stanley, Bear Stearns, Merrill Lynch and Sterne Agee where he was also a member of the fairness committee. In addition, Mr. Perry has global experience having served as a Managing Director and Head of M&A for Financial institutions and Financial Sponsors for non-Japan Asia at Daiwa Capital Markets in Hong Kong where he also served on the firm’s non-Japan Asia new business committee.
Mr. Perry received his Master of Business Administration degree, with Beta Gamma Sigma honors, from Columbia University’s Graduate School of Business and a bachelor’s degree in Business Administration from The University of North Carolina at Chapel Hill.
firstname.lastname@example.org | (214) 545-6881