Commercial Bank Valuation [Hardcover]

William D. Miller (Author)

Book Description

Publication Date: October 20, 1995 | ISBN-10: 0471128201 | ISBN-13: 978-0471128205 | Edition: 1

The value of a bank is a complex and involved topic. Dertermining value requires an understanding of the purposed of the valuation, the underlying business, the assets involved, the outlook for the market served, competitive position, financial history, and a host of other factors. For example, establishing the value based solely on a bank's book value is a convenient shorthand, but not a good technique of establishing actual value. Regardless of the potential need for a proper valuation, commercial banks and bank holding companies have several characteristics that distinguishe them from other types of businesses and that influence the application of valuation techniques. It is critical to bear these in mind during the valuation process. Provides a thorough and practical discussion of valuation and techniques that apply to the banking and financial services industry. By necessity, however, the scope of the discussion goes beyond valuation. It is necessary to understand various transactional processes (e.g., the merger & acquisition process), target bank analysis, tax ramification, and specific accounting rules, in addition to valuation methodology. Consequently, this title is a beneficial primer for those with only a cursory knowledge of banking and valuation as well as a useful reference for seasoned professionals.

Editorial Reviews

From the Publisher

A comprehensive guide to the valuation of banks, savings and loans, thrifts, credit unions and other financial institutions for mid- to upper-level banking executives. From evaluating underlying assets to analyzing a bank's potential market, Miller offers bank professionals the tools and techniques they need to complete an accurate valuation. Illustrates the importance of and provides comprehensive explanations of the unique financial structure of banks, bank income statements, bank operation and management and overall structure of the banking industry.

Product Details

• Hardcover: 288 pages
• Publisher: Wiley; 1 edition (October 20, 1995)
• Language: English
• ISBN-10: 0471128201
• ISBN-13: 978-0471128205
• Product Dimensions: 10.4 x 1 x 0.5 inches
• Shipping Weight: 1.6 pounds
• Average Customer Review: 3.5 out of 5 stars  See all reviews (2 customer reviews)
• Amazon Best Sellers Rank: #3,763,214 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

7 of 7 people found the following review helpful:

2.0 out of 5 stars Good basic material but not deep enough, April 5, 2000

By A Customer

This review is from: Commercial Bank Valuation (Hardcover)

This book provides a good basic reading material which would be useful to get a first sight of valuing a commercial bank. However, for practicioners, it seems that the book is not deep enough to answer "why" questions and not technical enough in providing enough "bullets" to be used in the real world. For me it's dissapointing, since my colleague recommends it highly.

6 of 6 people found the following review helpful:

5.0 out of 5 stars excellent read, April 3, 2000

By 

chris dalton (hammond, la) - See all my reviews

This review is from: Commercial Bank Valuation (Hardcover)

As someone who has followed the bank merger game for quite some time I found this book to be an excellent read. It discusses in detail how to properly go about valuing the various peculiar assets of a bank such as deposits. It also goes in depth on how the various valuation methods differ from each other. It was a valuable guide to help me determine the fair value of merger candidates in the 90's bank merger boom. I suggest it to anyone who invests in bank stocks.