Frankfurt

Venue and transport links

course-venue-pic
  • Regus - Frankfurt Alte Oper
    An der Welle 4,
    60322
    Frankfurt
    Deutschland
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"The public course I attended proved extremely enriching, especially when discussing case studies, current affairs or other practical applications of the theory." ~ analyst, global investment firm

Who should attend the course?

Experienced Finance Professionals

Working for a leading financial institution means you will be working in a highly competitive environment. In order to stay ahead you will need to keep pace with your colleagues. AMT’s public courses ensure that you maintain and enhance the knowledge and skills you need to continuously deliver a professional level of service to your clients. Hence becoming more effective in the workplace and helping advance your career. Learn or refresh your skills in financial statement analysis, financial modeling and valuation, and stay ahead of the curve.

 

What courses complement this one?

Banks

To get a comprehensive understanding of bank analysis and valuation, study over 2 days:

 

 

Book both Banks Masterclass courses

Course details

Regulation and Valuation

Regulatory capital is a bank specific topic which is at the core of understanding banks’ business model and valuation. Delegates learn how to quantify regulatory capital available and risk weighted assets. The course concludes with a review of the key valuation methods for banks and delegates complete a dividend discount model of the case bank.

 

Learning outcomes

  • Overview of the regulatory framework
  • Calculation of regulatory capital available: core tier 1, tier 1, total capital and role of hybrid securities
  • Calculation of risk weighted assets: credit risk, market risk and operational risk
  • Minimum capital ratios and target capital ratios to maintain/achieve target credit rating
  • Additional risk measures: leverage ratios based on common tangible equity
  • Extracting historical and forecasting future capital ratios for case bank
  • Calculating capital surplus/shortfall for case bank
  • Review of bank valuation methods: trading multiples vs. fundamental valuation
  • Bank trading multiples: P/E, P/BV, P/tangible BV and dividend yield
  • The dividend discount model
  • Cost of equity for banks
  • Forecasting potential dividends over explicit forecast period for case bank
  • Approaches to estimation of terminal value
    • Straight perpetuity formula and sensitivity to long term growth rates
    • P/BV and sensitivity to long term growth rates
  • Impact of the Basel III on banks valuation

 

 


What will you receive on the course?

While this is a face to face training course, a blended learning approach is taken and delegates will be provided with access to AMT Online. Our study materials contain both the knowledge and practice materials required to assist with the learning process and help you in your job role. Course materials include:

 

  • printed course binder with copy of the slides
  • laminated summary sheets
  • 24/7 access to AMT Online (AMTO)
  • class recordings
  • course notes
  • quizzes
  • electronic homework/study files