Ocenění finanční instituce vybranými metodami

Abstract

The diploma thesis is focused on the market-based valuation of the financial institution Bank A, plc. by selected methods. The date of valuation is on 1st January 2020. The content of the thesis is divided into two structured parts - theoretical and practical. The introduction to the theoretical part defines the principle of the company, which emphasizes the specifics of banking business. Subsequently, the basic functions of banks, which they provide within their activities, are analysed. The chapters on banking risks and regulatory policy with a focus on liquidity and capital adequacy ratio are also discussed. The last thematic unit is focused on the definition of the value base, value drivers and possible methods of bank valuation. In the practical part, the valuation of the subject is first introduced and then a financial and strategic analysis is performed on the basis of which the development of the main components of Bank A's profit is forecast. Furthermore, a financial plan for the period 2020-2024 is constructed, which is used for discounted return valuation. In the last part, the market value of Bank A is determined through the dividend discounted and bond pricing model.