Remove Banking Remove Benchmarking Remove Marketing Remove Sales
article thumbnail

Bank Profitability: Decoding the Income Statement

Tom Spencer

How do banks make money? What is a bank really worth? Firstly, by outlining the major items on a bank’s income statement, and then by discussing key ratios that are commonly used to measure profitability and to estimate the market value for banks. Where does this money ultimately go?

Banking 88
article thumbnail

Ruble Sinks to Record Low; Russia Intervenes in Currency Markets to Stabilize Ruble; Russia Denies Ultimatum

MishTalk

Russia Intervenes in Currency Markets to Stabilize Ruble Bloomberg reports Ruble Plunges to Record as Bank Rossii Seen Selling $10 Billion. percent against the dollar today, more than any other currency tracked by Bloomberg, while the benchmark Micex stock index plunged more than 11 percent and benchmark bond yields soared. “So

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Asset Management – Valuation (Part 2 of 4)

Tom Spencer

There are a couple of reasons for this: Asset managers can see cash flow and earnings fluctuate wildly with markets. If there is a financial crisis, the stock market falls by half and the asset manager’s performance is in line with the stock market, they now make $500 million. Valuation of Asset Management Firms.

article thumbnail

Capital Controls Destroy Greek Small Businesses; Bank Shares Plunge Again; Record Contraction

MishTalk

Panel members commented on the impact of capital controls on demand, and also cited a generally uncertain operating environment which further weighed on sales. Question for Rena Why did you have a Greek bank account? Market Reopens Shares Plunge The stock market collapsed on yesterday following its restricted reopening.

Banking 28
article thumbnail

Home Prices Drop in 69 of 70 Chinese Cities; Did the Pool of Greater Fools Run Out?

MishTalk

The central bank on Sept. Home sales slumped 11 percent in the first nine months of this year. Home sales slumped 11 percent in the first nine months of this year. The PBOC also eased a ban on mortgages for people without home loan debt who want to buy a third home, allowing banks determine down payments and rates.

article thumbnail

Ukraine Hikes Rate to 30%, Requires Corporations to Sell 75% of Foreign Currency Earnings; Miners Not Paid For 3 Months

MishTalk

In an effort to arrest hyperinflation and general panic over rising food prices, Ukraine''s Central Bank Hikes Benchmark Rate to 30 Percent. Ukraine''s central bank will raise its benchmark refinancing rate to 30 percent from 19.5 With all the restrictions, and gimmicks, it''s hard to call this a market.

article thumbnail

Unrealistic Expectations – Part II – Gotcha!

Martinka Consulting

In the past I’ve written about how low interest rates and bank using the SBA guarantee program and its low down payment requirements plus a 10-year amortization have caused buyers to pay more for businesses than they would have years ago (because their payments are the same or less). Many banks will go as low as 1.25:1 times profit.