relative valuation

Fintech Buys Bank. Keeps Stratospheric Valuation.

Imagine a fintech, with off-the-chart valuations such as 2.6x book value and 51x EBITDA, buying a bank. For 1.85x book. In today’s M&A valuations, 1.85x is pretty lofty. Especially for […]


Bank M&A: The Concept of Relative Valuation

November 11, 2013 | Jeff For Banks

It depends. How often do advisers such as doctors, lawyers, accountants, and yes, investment bankers say that? Asking if an offer to buy your bank is a good one depends […]