Buchcover Integrated Bank Analysis and Valuation | S. Chen | EAN 9781349455546 | ISBN 1-349-45554-7 | ISBN 978-1-349-45554-6

'Understanding banks has never been more important - so this book could not be more timely.'

- Andy Haldane, Executive Director, Financial Stability, Bank of England

'Risk and return drive banks. Customers, investors, regulators and politicians need to know both. Does their return on capital exceed their cost of capital really? And 'how close to the wind are they sailing' to get there? Chen's ROIC achieves this clarity, and enables comparisons, in a way that more typical measures plainly miss. ROIC is a harder metric for bankers to game, so expect some objections to this.'

- Alan Hughes, former CEO First Direct, General Manager HSBC

'Whilst the macro focus in banking has rightly been around capital and liquidity; you should always look for organic growth in any successful business. Understanding how a bank's performance links to its valuation is a must for investors, regulators and bankers and this book shows you how.'

- Eric Leenders, Executive Director of Retail, British Bankers Association

Integrated Bank Analysis and Valuation

Name: Integrated Bank Analysis and Valuation
Author: S. Chen

A Practical Guide to the ROIC Methodology

von S. Chen

Leading analyst Sandy Chen provides a thorough guide to the analysis and valuation of banks. Unlike other businesses and institutions, banks have a number of unique characteristics that need to be taken into account when performing a valuation and as such traditional valuation methodologies are unsuitable and more specialized techniques required.