Dan Nita

TBA
  • @financepatriot1
  • Member Since:
  • Last: active 3 years, 3 months ago

Basic Information

Display Name

Dan

First Name

Dan

Last Name

Nita

Professional Information

Title

TBA

Summary

Private Equity Analyst

Specialties

Our bank models are really based off of a handful of drivers: NIM, average earning assets, provision, growth in fee income (QoQ or YoY), growth in operating expenses (QoQ or YoY), and tax rate. It is pretty simple to jus forecast earnings that way. Slap a multiple on that based on loan growth, credit quality, capital adequacy, etc. and you get your target price. Remember for bank valuation: P/E x ROTCE = P/TBV. P/E reflects that company’s growth. ROTCE (Return on Tangible Common Equity) measures profitability. And those two generate a reasonable book multiple to use. Most banks these days are trading off of tangible book

Education

School Name

University of Nevada, Las Vegas

Major

Finance

Time Period

2 weeks