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银行业的价值评估对于推进金融体制改革存在重要意义,本文从价值评估文献综述入手,建立了一个两步骤的统计学模型,首先通过因子分析得到影响银行价值的主要成分,然后通过多元线性回归检验银行规模、经营业绩和流动性对银行股票价格的影响,实证结果显示:股权分置改革并未如预想的那样对股票价格有明显影响,中国银行业主要盈利来自于存贷款利差收入。
The value assessment of the banking industry is of great significance to advancing the reform of the financial system. Starting with the review of the literature on value assessment, this paper establishes a two-step statistical model. First, the main components that affect the bank’s value are obtained through factor analysis. Then, through the multiple linear regression test The impact of bank size, operating performance and liquidity on bank stock prices shows that the non-tradable share reform has not had the obvious effect on the stock prices as expected. The main profit of China’s banking industry comes from the deposit-loan spread income.