Beltrame, Federico.
Valuing banks : a new corporate finance approach / Federico Beltrame, Daniele Previtali. - xxiv, 242 p. : ill. ; 22 cm. - Palgrave Macmillan studies in banking and financial institutions series . - Palgrave Macmillan studies in banking and financial institutions. .
Includes bibliographical references and index.
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.
9781137561411
2016938714
Banks and banking--Valuation.
Corporations--Finance.
HG1707.7 / .B45 2016
332.10681 / BEV
Valuing banks : a new corporate finance approach / Federico Beltrame, Daniele Previtali. - xxiv, 242 p. : ill. ; 22 cm. - Palgrave Macmillan studies in banking and financial institutions series . - Palgrave Macmillan studies in banking and financial institutions. .
Includes bibliographical references and index.
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.
9781137561411
2016938714
Banks and banking--Valuation.
Corporations--Finance.
HG1707.7 / .B45 2016
332.10681 / BEV