Bank Industry Primer & Basic Bank Financial Modeling (Ended)
Bank Industry Primer & Basic Bank Financial Modeling
(Intermediate Proficiency Using Excel, Solid Grasp of Basic Accounting Fundamentals, and an Understanding of Basic Valuation Techniques Required)
The standard financial analysis and valuation methodologies that apply to most companies do not apply to industries that "use money to make money." Balance Sheet based companies, such as banks, play by different rules and methodologies based on the unique nature of their businesses. First, start off with an interactive primer on commercial banks and their financial statement terminology and drivers. Learn how to analyze various bank-specific jargon such as net vs. gross charge-offs vs. provisions, etc. Crystallize the impact of Interest Rates, importance of term structure and credit spreads and implications on a bank's profitability. Examine best practices in calculating net interest income via average asset and liability balances on the income statement. Dive into an analysis of Balance Sheet assets & liabilities and articulate the drivers of EPS growth.
Then, build a basic, streamlined bank financial model that builds upon the bank terminology in our primer. Before diving deep into the complex nuances of our Advanced Bank Financial Model, really solidify your understanding of developing the logic in loan losses and provisions and its impact on the rest of the larger bank financial statements. Perform quick back-of-the-envelope calculations for key Balance Sheet items such as Interest Earning Assets and Interest Bearing Liabilities, which yield Net Interest Income. Estimate and calculate capital adequacy ratios to wrap up your summary simplified basic bank model.
Hamilton Lin, CFA, President - Wall St. Training
Pre-requisite - Basic understanding of Excel required. Lack of basic Excel skills will impede your ability to effectively acquire and implement the techniques and shortcuts that are presented in this program.
NOTE: Bring your PC laptop with Microsoft Excel installed and a working USB slot drive (files will be copied using USB thumb drive). (Macs with Office 2008 will not be as effective).
Eligible for 7 credit hours
This program qualifies for credit under the guidelines for the CFA Institute Continuing Education Program. Please click here if you would like more information.
Date and Location:
The Standard Club
320 S. Plymouth Ct.
Tuesday, April 27, 2010
8:30 a.m. - 9:00 a.m.: Registration
9:00 a.m. - 5:00 p.m.: Seminar
Lunch will be provided
Materials: Bring your PC laptop with Microsoft Excel installed and a working USB port. (Macs with Office 2008 will not be as effective)
Note: Laptops will not be provided.
Member Rate: $495 (cash, check or credit card)
Student-Member Rate: $125 (cash, check or credit card); Limited seats available.
Note: This rate is only available to students who have been approved as a Student-Member of CFA Chicago.
Non-Member Rate: $595 (cash, check or credit card)
We require a credit card guarantee for ALL reservations.
(Visa, MasterCard, American Express, Discover and Diners Club are accepted)
This is a "Passport Program." Members of any local CFA society may attend at the CFA Chicago member rate. If you are only a member of CFA Institute, you do not qualify for the society member rate.
Register online below, or by phone: 312-251-1301
Cancellations accepted until 5:00 pm, Monday, April 26. There is a $5 surcharge for walk-ins.
Content shared during CFA Society Chicago programs is not, and nothing in it should be construed as, an offer, invitation or recommendation of any specific financial services company or professional, or an offer, invitation or recommendation to sell, or a solicitation of an offer to buy, any securities in any jurisdiction. By registering for and attending this event, you acknowledge that any photographs that may be taken are the property of CFA Society Chicago and give your consent to their use in CFA Society Chicago's online and print business communications and marketing.