BANK VALUATION: An Extension of the Guideline Public Companies Method

Dan J. Jordan
PhD, CPA, ABV, CVA, CFF

Jacques Sanchez
PhD, MBA

George Sanders
PhD, CPA

This study tests the hypothesis that regional bank financial fundamentals and a measure of market uncertainty explain regional bank fair market values (FMV) at a high statistical precision.

RECENT BANK MERGERS: A Deeper Analysis

Dan J. Jordan
PhD, CPA, ABV, CVA, CFF

Rebecca Rivera
MPS

This study examines 37 recent community bank mergers with deal values under $700 Million to determine the magnitude of the target bank control premium and the acquiring bank’s excess deal value premium or discount from the transaction. 

BANK STOCK INDEXES: A Comparison

Dan J. Jordan
PhD, CPA, ABV, CVA, CFF

George Sanders 
PhD, CPA

Christopher Walker
PhD, MPA

This study tests the new Valulytics Equal Weighted Community Bank Index (the Valulyics Index) against the five Fisher tests and the three Lo tests of a valid index. Then, we compare the index with the five best known U. S. bank indexes exploring the effect of market capitalization weighting compared to equal weighting on the usefulness of the indexes by smaller regional community banks.

BANK VALUATION: A Test of Valulytics Methodology

Dan J. Jordan
PhD, CPA, ABV, CVA, CFF

Rebecca Rivera
MPS

This study demonstrates how we developed a bank valuation algorithm that calculates the fair market value of all 5,000+ U.S. banks each month using actual stock price data for a sample of approximately 400 publicly traded community banks.