Michael Sammon Sr. Vice President Tel: 312.361.3151

Mr. Sammon joined Hovde in April 2011 as Senior Vice President in the Capital Markets Division. His responsibilities include advising clients on capital raising and strategic capital transactions as well as structuring and selling securities of bank and thrift stocks and other securities for the firm. He is an investment banker with over thirty-five years of experience in capital raising and capital markets transactions for financial institutions, particularly marketing and trading community bank securities.

Prior to joining Hovde, Mr. Sammon was a part of the sales team at Wunderlich Securities where he was responsible for marketing capital raises, both public offerings and private placements, for a number of banks. In addition, he was responsible for managing brokerage accounts for retail investors, mostly invested in community bank stocks. 

Mr. Sammon began his securities career at Bacon, Whipple & Co. (BW) in 1970, principally marketing municipal bonds to Illinois community banks before beginning to trade community bank stocks as a service to those banks around 1976. Mr. Sammon later left BW in 1982, and joined The Chicago Corporation (TCC), where he was responsible for building a “community banking department” focused on trading, sales, research and investment banking services, primarily focused on Midwestern banks.

In 1992, he left TCC just prior to their acquisition by ABN/AMRO to create a Midwestern community banking operation for Howe, Barnes Investments (HBI). While at HBI, he managed and was involved in many investment banking assignments, including capital raises, mergers and acquisitions (M&A), fairness opinions, and valuations. He also developed and supervised HBI’s community bank sales, trading, research, and investment banking operations. In 2000, Mr Sammon joined Stifel Nicolaus (SN) as a bank sales specialist. He left SN for Friedman, Billings, Ramsey in 2002 where he was employed as an investment banker in their Chicago office.

In 2004, he joined Ryan, Beck in a sales capacity where he was responsible for calling on West Coast banks and marketing bank securities to institutional investors. In 2006, he joined Wunderlich Securities (WUN) where he continued assisting clients and marketing the securities of West Coast banks in California, Oregon and Washington.

Mr. Sammon received a Juris Doctor degree from Loyola University School of Law (Chicago), a B.A. in Economics from the University of Notre Dame, and is a member of the Illinois Bar Association. He also is a past President of the Loyola Law Alumni Association and served a tour of duty as a U.S. Army Captain in Vietnam (1966-67), attached to the 7th Marine Regiment, 1st Marine Division. Mr. Sammon is licensed with the Financial Industry Regulatory Authority as a registered representative and general securities principal and holds the following securities licenses: Series 7, 24, 63, 79, and 65.