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Saturday, May 9, 2020 | History

2 edition of Bank merger premiums found in the catalog.

Bank merger premiums

Randolph Beatty

Bank merger premiums

analysis and evidence

by Randolph Beatty

  • 377 Want to read
  • 7 Currently reading

Published by Salomon Brothers Center for the Study of Financial Institutions in New York .
Written in English


Edition Notes

Statementby Randolph P. Beatty, Anthony M. Santomero, Michael L. Smirlock.
SeriesMonograph series in finance and economics -- 1987-3
ContributionsSantomero, Anthony M., Smirlock, Michael.
ID Numbers
Open LibraryOL13864261M

(Current as of 9/) Bank Merger Competitive Review -- Introduction and Overview () The banking agencies and the Department of Justice review the competitive impact of bank and bank holding company mergers under the banking and antitrust laws to proscribe mergers that would tend to substantially lessen competition. DETERMINANTS OF BANK MERGER PREMIUMS. We define bank merger premiums as the ratio of the price paid for the target bank to the (accounting) book value of the target bank's equity. The use of book value is a shortcoming, as it may not accurately reflect the market value of a bank.

1. Introduction. This paper examines one aspect of the bank takeover process, the premiums paid in bank takeovers in the European Union (EU). 1 While the literature recognizes the importance of United States (US) bank takeovers, far less attention has been given to takeovers in the EU. 2 This is unfortunate because the EU is trying to promote cross-border takeovers as a way of developing a Cited by: Hemali Dhame, Research Analyst at Dolat Capital feels the merger bringing together Punjab National Bank, OBC and United Bank is hugely positive for PNB. Hence it has upgraded its rating on PNB to : Sunil Shankar Matkar.   An acquisition premium is a figure that's the difference between the estimated real value of a company and the actual price paid to acquire it. An .

“Ouch.” That was the thought running through my head a week after I first started teaching myself financial modeling for financial institutions. While I hadn’t started beating my head against the wall (yet), I had realized that bank and insurance financial modeling was in a whole different league – it might have even been a whole different sport. The relationship between merger premiums and the estimated cost savings ratio was unexpected since the synergy theory is the essence of combining two entities to get something of greater value Author: Tara Shawver. We analyze the takeover premiums paid for a sample of European bank mergers between and We find that acquiring banks value profitable, high-growth and low risk targets.


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Bank merger premiums by Randolph Beatty Download PDF EPUB FB2

SyntaxTextGen not activatedSantomero, and M. Smirlock, “Bank Merger Premiums: Analysis and Evidence,” Monographs in Finance and Economics, Salomon Pdf Center, New York University, Google Scholar Berger A., D.

Hancock, and D. Humphrey, “Bank Efficiency Derived from the Profit Function,” Journal of Banking and Finance 17 (2–3): –47, April Cited by: premiums paid in bank takeovers in the EU (before the last enlargement) between and However, some papers estimate the merger price with either the pre-merger book or market value as a control variable.

4 may also be important in an environment with. Maharashtra Co-op Ebook pitches for branch merger of PMC Bank 04 Feb,PM IST. Maharashtra State Co-operative (MSC) Bank has written to Union Finance Minister Nirmala Sitharaman seeking merger of branches of PMC Bank, in case of a takeover of the troubled lender.