The asset mark-down model as a new approach for valuing banks: an empirical analysis of its applicability

Vestrini, Gabriele (A.A. 2021/2022) The asset mark-down model as a new approach for valuing banks: an empirical analysis of its applicability. Tesi di Laurea in Advanced corporate finance, Luiss Guido Carli, relatore Pierluigi Murro, pp. 131. [Master's Degree Thesis]

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Structure, form and contents of bank’s financial statements. The balance sheet. The income statement and the statement of comprehensive income. The statement of changes in shareholders' equity and the statement of cash flows. The notes to the accounts and related comparative information. Introduction to bank’s valuation. Differences between firm and bank’s valuation. Valuing banks. Traditional valuation approaches for valuing banks. An innovative asset side valuation approach: the asset mark-down model. Equity side valuation constraints. The role of deposits in the generation of the mark-down. The asset mark-down model: overview and final considerations. Comparing bank’s valuation methodologies: the case of Intesa Sanpaolo. Intesa Sanpaolo: financial statements. Valuing Intesa Sanpaolo. The application of the asset mark-down model.


Bibliografia: pp. 113-114. Sitografia: p. 115.

Thesis Type: Master's Degree Thesis
Institution: Luiss Guido Carli
Degree Program: Master's Degree Programs > Master's Degree program in Corporate Finance, English language (LM-77)
Chair: Advanced corporate finance
Thesis Supervisor: Murro, Pierluigi
Thesis Co-Supervisor: Santella, Rosella
Academic Year: 2021/2022
Session: Autumn
Deposited by: Alessandro Perfetti
Date Deposited: 27 Feb 2023 09:40
Last Modified: 27 Feb 2023 09:40


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