In a new report, Deutsche Bank analyst Matt O’Conner discusses the implications that the FOMC decision to delay a potential interest rate hike will have on bank stocks. According to O’Conner, the banking industry will likely be in for some major consolidation in coming years.

“Given a lower-for-longer interest rate environment seems increasingly likely, this could potentially lead to a pickup in bank deals as more banks look at M&A as an alternative to drive growth,” O’Conner explains.

Deutsche Bank has a scoring system in which it ranks 75 banks based on their likelihood of a takeover. The ranking considers…

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