Books on Bank valuation

Hey guys!

I'm interviewing with a FIG group and need to read up on bank valuation specifically and FI valuation in general. I am looking for a Rosenbaum-style book, such as Bank Valuation for dummies. Any recommendations?

Cheers

LeeteasY

14 Comments
 

There's a book called The Bank Analyst's Handbook, and it explains the (pre crisis) banking industry quite well. Modelling...not so much. It briefly mentions the excess returns model, which is one way of valuing a bank. There should be copies floating around on the internet as .pdfs

The actual valuation techniques include your standard comps/dcf/etc. but also excess returns and P/B to ROE regressions. If you know those two, they should be impressed. I wouldn't expect many banks specific questions - they know there isn't much information available.

 

B/C FIG seems to be a mash-up of business models it's not really as easy 'to read up on' w/ out sounding like... you just read up on it. However, desperate times call for desperate measures and McKinsey's book on valuation has a chapter dedicated to it, although it's fairly high-level.

'Before you enter... be willing to pay the price'
 
GentlePillowIf I remember correctly the koller valuation book has a section on that. I think there is a free copy floating around online somewhere

Yeah, that's the McKinsey book

'Before you enter... be willing to pay the price'
 

Much appreciated.

“Let me issue and control a nation’s money and I care not who writes the laws.” Mayer Amschel Rothschild Don't be afraid to give up the good to go for the great.-John D. Rockefeller
 

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