北京银行优先股融资的效应及风险分析

Analysis on Financing Effect and Risk of Urban Commercial Banks’ Preferred Stocks: Take Bank of Beijing as an Example

优先股制度的推行对我国各类商业银行补充资本、满足监管要求起到了至关重要的作用。文章以城市商业银行的代表——北京银行为研究对象,分析了其优先股融资的方案条款、融资效应及融资风险,研究发现优先股融资可以带来短暂的正向市场效应并优化资本结构,但对盈利能力的改善并不显著,进而提出了本案例对于其他城市商业银行的启示并给出相关建议。

The implementation of preferred stock system plays a crucial role in replenishing capital and meeting regulatory requirements for all kinds of commercial banks in China.Taking Bank of Beijing,a representative of city commercial banks,as the research object,this paper analyzes the program terms,financing effect and financing risk of preferred stock financing,and finds that preferred stock financing can bring temporary positive market effect and optimize capital structure,but not significantly improve profitability.At last,this paper puts forward the enlightenment of this case and gives relevant suggestions.