Financial Services >> Analyst Interviews >> February 7, 2011
Adam C. Barkstrom, CFA, joined Sterne Agee in June 2007, having served previously as the Managing Director in equity research, covering regional banks for Stifel Nicolaus & Company, Inc. Prior to that, he was with Legg Mason and was regularly quoted in major financial publications, including The Wall Street Journal, The New York Times, Bloomberg News, American Banker and SNL Financial. Prior to joining Legg Mason, Mr. Barkstrom was a Vice President in corporate finance in the financial institutions group of Scott & Stringfellow, where he provided investment banking and financial advisory services, including merger and acquisition advisory, fairness opinions, capital formation, business expansion and purchase analyses, and stock valuations to community banks in the Southeast. At one time, he was also a Co-Director of the Capital Markets Group for the Federal Reserve Bank of Richmond and was responsible for monitoring and overseeing the examinations and ongoing risk management, with particular emphasis placed on interest rate risk, funding strategies and trading operations of the most intricately structured financial institutions located within the Fifth Federal Reserve District. Mr. Barkstrom was listed as the third best among 144 analysts covering banks in The Wall Street Journal's "Best on the Street" survey for his stock picks in 2008. Mr. Barkstrom holds a B.S. in business administration from the College of Charleston. Profile
TWST: Where do banks stand from a business perspective at this point? Are most of their problems behind them?
Mr. Barkstrom: I think it depends on which banks you look at. My coverage is primarily
