Valuing Banks : a New Corporate Finance Approach / by Federico Beltrame, Daniele Previtali.
Beltrame, Federico, author.; Previtali, Daniele, author.
2016
HG1501-HG3550
Available Online

Linked e-resources

Linked Resource Online Access
Concurrent users Unlimited
Authorized users Authorized users
Document Delivery Supplied Can lend chapters, not whole ebooks

Details

Title Valuing Banks : a New Corporate Finance Approach / by Federico Beltrame, Daniele Previtali.
Author Beltrame, Federico, author.
ISBN 9781137561428
1137561424
9781137561411
DOI https://doi.org/10.1057/978-1-137-56142-8
Published London : Palgrave Macmillan UK : Imprint : Palgrave Macmillan, 2016.
Language English
Description 1 online resource (xxiv, 242 pages) : illustrations.
Other Standard Identifiers 10.1057/978-1-137-56142-8 doi
Call Number HG1501-HG3550
Dewey Decimal Classification 332.1
Summary Bank valuation is one of the most difficult topics to address in corporate finance. The application of standard valuation methodologies can be limited and heavily influenced by the varying specifics of regulation, business process, equity and debt capital function (among others) among banks. Generally, these limitations result in the application of a simplified equity-side approach based on dividends. Yet, dividends represent a synthetic measure of cash and, therefore, often do not present an accurate view of the value creation process in terms of cash flows. 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.
Bibliography, etc. Note Includes bibliographical references and index.
Access Note Access limited to authorized users.
Digital File Characteristics text file PDF
Added Author Previtali, Daniele, author.
Series Palgrave Macmillan studies in banking and financial institutions.
Available in Other Form Print version: 9781137561411
Linked Resources Online Access
Record Appears in Online Resources > Ebooks
All Resources
1) Valuation in Banking: Issues and Models
2) Value, Capital Structure and Cost of Capital: A Theoretical Framework
3) Measuring the Cash Flows of Banks: the FCFA Asset Side Approach
4) The Cost of Capital of Banks: Theories and Empirical Evidences
5) Banks' Asset-Side Multiples: Profitability, Growth, Leverage and Deposits Effect
6) A Comparison Among Valuation Metrics on a Real Case.

Browse Subjects

Show more subjects...

Statistics

from
to
Export