Bank Valuation And Value Based

Author : Jean Dermine
Publisher : McGraw Hill Professional
ISBN 13 : 0071624996
Total Pages : 450 pages
Book Rating : 4.92/5 ( download)

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Download or read book Bank Valuation and Value-Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk Management written by Jean Dermine and published by McGraw Hill Professional. This book was released on 2009-09 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt: Bank Valuation & Value-Based Management provides bankers, bank regulators, auditors, and risk managers with foundational concepts and practical tools for effectively managing a bank. An expert in asset and liability management, European financial markets, and banking theory, Jean Dermine provides rigorous foundations to discuss asset and liability management at a global level, with an integrated focus on an institution’s banking book. He covers bank valuation, fund transfer pricing, deposit and loan pricing, risk management, and performance measurement, and addresses two high-profile issues for banks worldwide: portfolio credit risk and liquidity risk. This thorough and innovative guide presents insightful coverage on the hazards of measuring portfolio credit risk, the impact of liquidity risk on fund transfer pricing, and the practice of performance measurement in the banking industry. Numerous real-world examples from the U.S. subprime crisis help illustrate the nature and dynamics of these issues. Inside, you will find a framework for discussing such managerial issues as: Bank valuation Fund transfer pricing Deposit pricing Capital management Loan pricing and provisioning Securitization Measurement of interest rate risk Performance measurement At the same time that it helps readers develop an intuitive sense for asset-liability management, this practical book follows through with rigorous mathematical formulas and examples from the international banking community. In addition,exercises are incorporated throughout the text to facilitate discussions of how theoretical concepts can be applied to real-world problems. This authoritative guide to bank management also features an exclusive companion Web site, www.mhprofessional.com/bankvaluation, which includes additional chapters and exercise solutions that serve as key supplements to the core text. Creating value in banking depends on a rocksolid understanding of what drives value and the right valuation model to help make the tough decisions that will enhance shareholder value. Bank Valuation & Value-Based Management is your one-stop reference for each of these critical issues.

Author : Jean Dermine
Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.34/5 ( download)

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Download or read book Bank Valuation and Value Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk, 2nd Edition written by Jean Dermine and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Author : Dermine
Publisher : Tata McGraw-Hill Education
ISBN 13 : 9780070683426
Total Pages : 0 pages
Book Rating : 4.25/5 ( download)

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Download or read book Bank Valuation And Value Based written by Dermine and published by Tata McGraw-Hill Education. This book was released on 2009-12 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this thorough and innovative guide, acclaimed professor Jean Dermine presents his highly effective valuation model that enables institutional bank managers, bank regulators, and risk managers to assess and control both value creation and risk. With an insightfully global perspective, this thorough guidebook addresses such critical and timely bank management issues as Basel II and other capital management methods, securitization, resolution for non-performing loans and investments, and the measurement of interest rate risk.

Author : Hazel J. Johnson
Publisher : Irwin Professional Publishing
ISBN 13 :
Total Pages : 372 pages
Book Rating : 4.46/5 ( download)

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Download or read book The Bank Valuation Handbook written by Hazel J. Johnson and published by Irwin Professional Publishing. This book was released on 1996 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bank Valuation Handbook goes far beyond merely explaining the relevant theories. It is a step-by-step, hand-on guide to market valuation. The Bank Valuation Handbook has a specific model for virtually every line item on the balance sheet and includes examples of its implementation.

Author : William D. Miller
Publisher :
ISBN 13 :
Total Pages : 298 pages
Book Rating : 4.05/5 ( download)

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Download or read book Commercial Bank Valuation written by William D. Miller and published by . This book was released on 1995-11-03 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: The value of a bank is a complex and involved topic. Dertermining value requires an understanding of the purposed of the valuation, the underlying business, the assets involved, the outlook for the market served, competitive position, financial history, and a host of other factors. For example, establishing the value based solely on a bank's book value is a convenient shorthand, but not a good technique of establishing actual value. Regardless of the potential need for a proper valuation, commercial banks and bank holding companies have several characteristics that distinguishe them from other types of businesses and that influence the application of valuation techniques. It is critical to bear these in mind during the valuation process. Provides a thorough and practical discussion of valuation and techniques that apply to the banking and financial services industry. By necessity, however, the scope of the discussion goes beyond valuation. It is necessary to understand various transactional processes (e.g., the merger & acquisition process), target bank analysis, tax ramification, and specific accounting rules, in addition to valuation methodology. Consequently, this title is a beneficial primer for those with only a cursory knowledge of banking and valuation as well as a useful reference for seasoned professionals.

Author : Federico Beltrame
Publisher : Springer
ISBN 13 : 1137561424
Total Pages : 261 pages
Book Rating : 4.28/5 ( download)

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Download or read book Valuing Banks written by Federico Beltrame and published by Springer. This book was released on 2016-06-27 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book aims to overcome the limitations the variations in bank-specifics impose by providing a bank-specific valuation theoretical framework and a new asset-side model. The book includes also a constructive comparison of equity and asset side methods. The authors present a novel framework entitled, the “Asset Mark-down Model”. This method incorporates an Adjusted Present Value model, which allows practitioners to identify the main value creation sources of a particular bank: from asset-based cash flow and the mark-down on deposits, to tax benefits on bearing liabilities. Through the implementation of this framework, the authors offer a more accurate and more specific approach to valuing banks.

Author : Stephanie Gross
Publisher : Springer Science & Business Media
ISBN 13 : 3835092782
Total Pages : 297 pages
Book Rating : 4.85/5 ( download)

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Download or read book Banks and Shareholder Value written by Stephanie Gross and published by Springer Science & Business Media. This book was released on 2007-11-06 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: Stephanie Gross focuses on three sets of questions on shareholder value of banks and analyses its measurement, empirical relevance and value drivers.

Author : Mario Massari
Publisher : John Wiley & Sons
ISBN 13 : 1118617266
Total Pages : 260 pages
Book Rating : 4.67/5 ( download)

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Download or read book The Valuation of Financial Companies written by Mario Massari and published by John Wiley & Sons. This book was released on 2014-01-07 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents the main valuation approaches that can be used to value financial institutions. By sketching 1) the different business models of banks (both commercial and investment banks) and insurance companies (life, property and casualty and reinsurance); 2) the structure and peculiarities of financial institutions’ reporting and financial statements; and 3) the main features of regulatory capital frameworks for banking and insurance (ie Basel III, Solvency II), the book addresses why such elements make the valuation of financial institutions different from the valuation of non-financial companies. The book then features the valuation models that can be used to determine the value of banks and insurance companies including the Discounted Cash Flow, Dividend Discount Model, and Residual Income Model (with the appropriate estimation techniques for the cost of capital and cash flow in financial industries). The main techniques to perform the relative valuation of financial institutions are then presented: along the traditional multiples (P/E, P/BV, P/TBV, P/NAV), the multiples based on industry-specific value drivers are discussed (for example, P/Pre Provision Profit, P/Deposits, P/Premiums, P/Number of branches). Further valuation tools such as the “Value Maps” or the “Warranted Equity Method” will be explained and discussed. The closing section of the book will briefly focus on the valuation of specific financial companies/vehicles such as closed-end funds, private equity funds, leasing companies, etc.

Author : Cram101 Textbook Reviews
Publisher : Academic Internet Pub Incorporated
ISBN 13 : 9781617445644
Total Pages : 118 pages
Book Rating : 4.49/5 ( download)

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Download or read book Outlines and Highlights for Bank Valuation and Value-Based Management written by Cram101 Textbook Reviews and published by Academic Internet Pub Incorporated. This book was released on 2010-12 with total page 118 pages. Available in PDF, EPUB and Kindle. Book excerpt: Never HIGHLIGHT a Book Again! Virtually all of the testable terms, concepts, persons, places, and events from the textbook are included. Cram101 Just the FACTS101 studyguides give all of the outlines, highlights, notes, and quizzes for your textbook with optional online comprehensive practice tests. Only Cram101 is Textbook Specific. Accompanys: 9780071624992 .

Author : Gerard Caprio
Publisher : World Bank Publications
ISBN 13 :
Total Pages : 49 pages
Book Rating : 4./5 ( download)

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Download or read book Bovernance and Bank Valuation written by Gerard Caprio and published by World Bank Publications. This book was released on 2003 with total page 49 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Which public policies and ownership structures enhance the governance of banks? This paper constructs a new database on the ownership of banks internationally and then assesses the ramifications of ownership, shareholder protection laws, and supervisory/regulatory policies on bank valuations. Except in a few countries with very strong shareholder protection laws, banks are not widely held, but rather families or the State tend to control banks. We find that (i) larger cash flow rights by the controlling owner boosts valuations, (ii) stronger shareholder protection laws increase valuations, and (iii) greater cash flow rights mitigate the adverse effects of weak shareholder protection laws on bank valuations. These results are consistent with the views that expropriation of minority shareholders is important internationally, that laws can restrain this expropriation, and concentrated cash flow rights represent an important mechanism for governing banks. Finally, the evidence does not support the view that empowering official supervisory and regulatory agencies will increase the market valuation of banks"--NBER website