Since the financial crisis, the relationship between earnings and prices of banks has broken down. This is revealed in the graph below, which shows the changes in the number of U.S. banks, average U.S. bank income, and bank prices per the BKW Index between 1994 and 2016. This prompts such questions as “what are the value drivers for commercial banks?” and “why are bank values lagging the broader market?” Explore the answers to these and other questions during a two-part webinar over two days on valuing banks. The first day will cover fundamentals, and the second day will be a case study. The presenter will be Keith Sellers (University of Denver).
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