商业银行管理 ROSE 7e 课后答案chapter 06j商 业银行集团客户授信业务风险管理指引.doc

该【商业银行管理 ROSE 7e 课后答案chapter 06j商 业银行集团客户授信业务风险管理指引 】是由【Huang6265】上传分享，文档一共【103】页，该文档可以免费在线阅读，需要了解更多关于【商业银行管理 ROSE 7e 课后答案chapter 06j商 业银行集团客户授信业务风险管理指引 】的内容，可以使用淘豆网的站内搜索功能，选择自己适合的文档，以下文字是截取该文章内的部分文字，如需要获得完整电子版，请下载此文档到您的设备，方便您编辑和打印。CHAPTER6PETITORSGoalofThisChapter:Thepurposeofthischapteristodiscoverwhatanalyticaltoolscanbeappliedtoabank’anidentifythemostcriticalproblemsinsideeachbankanddevelopwaystodealwiththoseproblemsKeyTopicsinThisChapterStockValuesandProfitabilityRatiosMeasuringCredit,Liquidity,andOtherRisksMeasuringOperatingEfficiencypetingFinancialFirmsSizeandLocationEffectsparingPerformanceChapterOutlineI. Introduction: II. EvaluatingaBank'sPerformanceA. DeterminingLong-RangeObjectivesB. MaximizingTheValueoftheFirm:AKeyObjectiveforNearlyAllFinancial-ServiceInstitutionsC. ProfitabilityRatios:ASurrogateforStockValues1. KeyProfitabilityRatios2. InterpretingProfitabilityRatios D. panies E. BreakingDownEquityReturnsforCloserAnalysis F. Break-DownAnalysisoftheReturnonAssets G. WhataBreakdownofProfitabilityMeasuresCanTellUsH. MeasuringRiskinBankingandFinancialServices1. CreditRisk2. LiquidityRisk3. MarketRisk4. Interest-RateRisk5. OperationalRisk6. plianceRisk7. ReputationRisk8. StrategicRisk9. CapitalRiskI. OtherGoalsinBankingandFinancialServicesManagementIII. PerformanceIndicatorsamongBanking’petitorsIV. TheImpactofSizeonPerformance A. Size,petingFinancialInstitutions B. UsingFinancialRatiosandOtherAnalyticalToolstoTrackBankPerformance--. SummaryoftheChapterAppendixtotheChapter-ImprovingthePerformanceofFinancialFirmsThroughKnowledge:SourcesofInformationontheFinancial-ServicesIndustryConceptChecks6-1. Whyshouldbanksandothercorporatefinancialfirmsbeconcernedabouttheirlevelofprofitabilityandexposuretorisk?,theywillhavegreaterdifficultyinobtainingcapitalandtheirfundingcostswillgrow,,depositors,,whiledepositors(especiallylargecorporatedepositors)-2. roupsarelikelytobeinterestedinthesedimensionsofperformanceforabankorotherfinancialinstitution?roupslikelytobeinterestedinbankprofitabilityandriskincludeotherbankslendingtoaparticularbank,borrowers,largedepositors,holdersoflong-termdebtcapitalissuedbybanks,bankstockholders,-3. Whatfactorsinfluencethestockpriceofafinancial-servicescorporation?Abank'sstockpriceisaffectedbyallthosefactorsaffectingitsprofitabilityandriskexposure,,byloweringthebank'sperceivedriskexposure,-4. Supposethatabankisexpectedtopayanannualdividendof$4pershareonitsstockinthecurrentperiodanddividendsareexpectedtogrow5percentayeareveryyear,andtheminimumrequiredreturntoequitycapitalbasedonthebank''sstock?Inthisconstantdividendgrowthrateproblemthecurrentvalueofthebank'sstockwouldbe:Po=D1/(k–g)=$4/(–)=$-5. Whatisreturnonequitycapitalandwhataspectofperformanceisitsupposedtomeasure?Canyouseehowthisperformancemeasuremightbeusefultothemanagersoffinancialfirms?e/,-6 eforthecurrentyearis$51million,itsassetstotally$1,144million,anditsliabilitiesamountto$?IstheROEyouhavecalculatedgoodorbad?Whatinformationdoyouneedtoanswerthislastquestion?Thebank'sreturnonequitycapitalshouldbe:ROE=e=$51million=.$1,444mill.-$,-7 Whatisthereturnonassets(ROA),andwhyisitimportant?MighttheROAmeasurebeimportanttobanking’petitors?e/'efromalloftheresources(-8. Abankestimatesthatitstotalrevenueswillamountto$155millionanditstotalexpenses(includingtaxes)willequal$$4,960millionwhileitsequitycapitalamountsto$'sreturnonassets?IsthisROAhighorlow?Howcouldyoufindout?Thebank'sreturnonassetswouldbe:ROA=e=$155mill.-$107mill.=$4,960mill.+$'paredwiththeROA'sofotherbankssimilarinsizeandlocationtodetermineifthisbank'-9. interestmarginandnoninterestmargin?Totheearningsspread?interestmargin(NIM),'sinterestspreadisbeingsqueezed,,e(suchasservicefeesondeposits)anditsnoninterestexpenses(especiallysalariesandwagesandoverheadexpenses).,'sintermediationfunctionofborrowingandlendingmoney,which,ofcourse,isthebank',thespreadbetweentheaverageyieldsonassetsandtheaveragecostofliabilitieswillbesqueezed,forcingthebank'e,-10. pletedhadtotalinterestexpensesonallborrowingsof$12millionandnoninterestexpenseof$5million,efromearningassetstotaled$16millionandnoninterestrevenuesaddedtoatotalof$$480millionofwhichearningassetsrepresented85percentoftotalassets,whiletotalinterest-''snetinterestandnoninterestmarginsmustbe:NetInterest=$16mill.-$=$2mill.-$$$480mill.=.00833=-.00625Thebank'searningsspreadandearningsbaseare: