Valuing Banks

Federico Beltrame is Lecturer in Banking and Finance in the Department of Economics and Statistics, University of Udine, Italy. He holds a PhD in Business Science from the same University. His main research interests are related to SMEs’ cost of capital, banks’ capital structure and Mutual Guarantee Credit Institutions.  Daniele Previtali is post-doc fellow and lecturer at Luiss Guido Carli University, Rome, Italy. He holds a Ph.D. in Banking and Finance from University of Rome, Tor Vergata, Italy. In 2012, he was a visiting PhD candidate at Stern School of Business, New York, USA. His main research interests concern banks valuation, banks’ capital structure and innovation. 

1) Valuation in Banking: Issues and Models.- 2) Value, Capital Structure and Cost of Capital: A Theoretical Framework.- 3) Measuring the Cash Flows of Banks: the FCFA Asset Side Approach.- 4) The Cost of Capital of Banks: Theories and Empirical Evidences.- 5) Banks’ Asset-Side Multiples: Profitability, Growth, Leverage and Deposits Effect.- 6) A Comparison Among Valuation Metrics on a Real Case.