How do stock repurchased affect bank holding company performance?
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How do stock repurchased affect bank holding company performance? by Beverly J. Hirtle

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Published by Federal Reserve Bank of New York in [New York, N.Y.] .
Written in English

Subjects:

  • Stock repurchasing.,
  • Bank holding companies.

Book details:

Edition Notes

StatementBeverly Hirtle.
SeriesStaff reports ;, no. 123, Staff reports (Federal Reserve Bank of New York : Online) ;, no. 123.
ContributionsFederal Reserve Bank of New York.
Classifications
LC ClassificationsHB1
The Physical Object
FormatElectronic resource
ID Numbers
Open LibraryOL3476980M
LC Control Number2005616553

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3 of repurchase programs.1 Thus, the data enable us to examine the impact of actual transactions undertaken by bank holding companies on their subsequent operating performance. The paper’s primary result is that higher levels of repurchases by a bank holding company in.   A Share Buyback's Impact on Portfolios. Share repurchases can have a significant positive impact on an investor’s proof, one only has to look at the S&P Buyback Index, which. CiteSeerX - Document Details (Isaac Councill, Lee Giles, Pradeep Teregowda): Using data from bank holding company regulatory reports, we examine the relationship between stock repurchases and financial performance for a large sample of bank holding companies over the years to The primary result is that higher levels of repurchases in one year . How do stock repurchases affect bank holding company performance? By Beverly Hirtle. Abstract. Using data from bank holding company regulatory reports, we examine the relationship between stock repurchases and financial performance for a large sample of bank holding companies over the years to The primary result is that higher levels.

Using data from regulatory reports, we examine the relationship between stock repurchases and financial performance for a large sample of bank holding. We find evidence suggesting that the repurchase-performance link may be driven by different factors for different types of bank holding companies. In particular, the evidence is consistent with the first hypothesis for banks traded on major stock exchanges, but only weakly supports this explanation for smaller, closely held companies.   As illustrated in Fig. 1, stock repurchases by bank holding companies have increased dramatically since the early data reported in this figure and used in the estimation reported below are derived from bank holding company regulatory reports (the FR Y–9C reports), which are available beginning in for all bank holding companies with . Using data from bank holding company regulatory reports, we examine the relationshipbetween stock repurchases and financial performance for a large sample of bank holding companies over the years to The primary result is that higher levels of repurchases in one year are associated with higher profitability and a lower share of problem loans in the subsequent .

The company’s earnings yield before buyback is $7/$ = 7%. Since the earnings yield before buyback is lower than the after-tax cost of borrowed funds, the EPS will fall after repurchase. Impact on Book Value per Share. The impact of share repurchase on Book .   How Does Buying Back Stock Affect Stockholders Equity?. Companies repurchase their own shares for various reasons -- for example, to try to boost a sagging stock price, to thwart a hostile. 4 Dividends may be paid by small bank holding companies with debt to equity at or below and otherwise meeting the requirements of §§ (c)(1)(ii), (c)(2), and (c)(7) if the dividends are reasonable in amount, do not adversely affect the ability of the bank holding company to service its debt in an orderly manner, and do. A stock buyback occurs when a company purchases shares of its own stock. Usually, a stock buyback is executed gradually through regular purchases of company stock on the open market. Occasionally, a company might buy back shares of its stock through an arranged transaction with a large stockholder. Stock buybacks do.