Valuing Banks: A New Corporate Finance Approach (Palgrave Macmillan Studies in Banking and Financial Institutions)

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.

• The Valuation of Financial Companies: Tools and Techniques to Measure the Value of Banks, Insurance Companies and Other Financial Institutions (The Wiley Finance Series)
• Bank Valuation and Value Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk, 2nd Edition
• Integrated Bank Analysis and Valuation: A Practical Guide to the ROIC Methodology (Global Financial Markets)
• Valuation: Measuring and Managing the Value of Companies (Wiley Finance)
• The Bank Investor's Handbook
• Quality of Earnings