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5. Bank Income Statement Analysis Suppose a bank has an equity of $200 million, Interest expense of $90 million, provision for loan loss (P)
5. Bank Income Statement Analysis Suppose a bank has an equity of $200 million, Interest expense of $90 million, provision for loan loss (P) = $20 million, net noninterest income of -$15 million and a tax rate of 40%, what is the minimum total interest revenue required to give a ROE of 20%?
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown
10th Edition
538482109, 1133711774, 538482389, 9780538482103, 9781133711773, 978-0538482387
