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Bank Valuation: Understanding Key Ratios and Metrics

Tom Spencer

In the previous article , we looked at how banks make money and how they must meet capital requirements. However, P/B has generally become a measure that is less useful than it was in the past since banks’ balance sheets are not as important as they used to be in determining earnings power. We will examine each in turn.

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Reflections on 2013; What's Important, What's Not? What's Ahead?

MishTalk

Had I suggested in 2007 that the Fed balance sheet expansion of $75 billion a month would have been considered "tightening" people would have thought I was nuts. For example, Meet "Baxter" the Robot Out to Get Your Minimum-Wage, No Benefits, Part-Time Job. At long last, the Fed has finally started to taper. Here we are.