银行评价与主要财务指标关系的实证研究

An Empirical Study of the Relationship Between Bank evaluation and Financial Ratio

从风险的角度和从价值的角度对银行进行评价所侧重的内容是有差异的。本文将著名评级机构穆迪公司的银行财务实力评级(BFSR)作为从风险角度评价银行的被解释变量,将股价、市盈率、市净率三项指标分别作为从价值角度评价银行的被解释变量,将银行的17项主要财务指标作为解释变量,在搜集处理了美国70家左右主要银行的相关数据的基础上,以逐步回归的方法建立起两类评价的四个模型,从各模型中不同的显著解释变量来分析不同模型之差异。同时,该论文也尝试在方法上对银行评价模型的建立和完善做一些有益的探讨。

There is difference between the evaluation of banks from the safety aspect and the evaluation of banks from the value aspect. In this paper, the authors take the Moody s BFSR rating as the dependent variable of bank evaluation from safety aspect, stock prices, prices to earning ratios and price to book value rations as dependent variable of bank evaluation from value aspect, and also take 17 major financial ratios of bans as independent variables. On the basis of dealing with statistics of about 70 major American banks, the differences of the 4 models of 2 types are concluded. Finally , the authors are trying to explore the methodology to set up banks evaluation model on an empirical basis.