Survive or thrive? How midsize banks can scale strategically
Mid-sized banks face mounting pressure: razor-thin margins, shrinking deposit growth, and fintech competition. But L.E.K. highlights practical ways for these institutions to not just survive — but thrive:
Key takeaways:
- Go beyond M&A: Strategic growth doesn’t always mean acquiring it. Purposeful partnerships, embedded finance, and fintech collaboration are effective ways to scale
- Focus investments where they matter: AI, data analytics, open APIs, and cloud computing unlock scale and efficiency
- Build a purpose-led strategy: Begin with a future-facing vision and align resources toward a defined niche or segment, not generalized scale
In short: the future belongs to midsize banks that are smart, targeted, and nimble — not just bigger.
Source: https://www.lek.com/insights/fin/us/ar/survival-success-scaling-strategies-midsize-banks
