Avaliação de bancos
: teoria e prática

  • Igor Ferreira Barbosa de Mascarenhas (Student)

Student thesis: Master's Thesis


The aim of this survey is to review the Bank valuation literature focusing on Discounted Cash flows assess models. However, the survey will also include a brief revision of the application of the relative valuation and Fundamental Valuation models to financial institutions. . Banks have three major dimensions that are relevant for the choice of an adequate valuation model. In particular banks can be viewed as: (1) Financial Institutions; (2) Enterprises and (3) regulated entities. These dimensions have important implications on the choice and applicability of valuation models for banks Key words: Bank; Cash flow and valuation models.
Date of Award2013
Original languagePortuguese
Awarding Institution
  • Universidade Católica Portuguesa
SupervisorMário Coutinho dos Santos (Supervisor) & Pedro Duarte Silva (Supervisor)


  • Bank
  • Cash flow and valuation models


  • Mestrado em Finanças

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