FEATURES OF THE USE THE DUPONT MODEL IN ROE FORMING PROCESS ANALYSIS OF BANKS
https://doi.org/10.21686/2500-3925-2014-4-25-29
Abstract
The paper studies the history of creation and application the DuPont model analysis for industrial companies. For the purpose of comparative analysis of ROE of banks the model adaptation for bank financial statements was accomplished. The adaptation was then followed by ROE analysis of two largest Russian banks during the financial crisis (VTB and Sberbank).
About the Author
Matvey D. Bondarenko
Moscow State University of Economics, Statistics and Informatics (MESI)
Russian Federation
Russian Federation
References
1. Blumenthal R.G. Tis the Gift to Be Simple - Why the 80-year-old DuPont Model Still Has Fans? // CFO Magazine, January (1998)
2. Kaplan Schweser Schwesernotes 2011 Certified Financial Analyst (CFA) level 1 book 3: Financial reporting and analysis, 2010, с. 153-155
3. Irini Kalluci Analysis of the Albanian banking system in a risk-performance framework, Bank of Greece, Economic Research Department, February 2011, с. 8
4. John W. Bitner, Robert A. Goddard Successful Bank Asset/Liability Management: A guide to the future beyond gap, John Wiley & Sons, 1992
5. VTB BANK, consolidated Financial Statements and auditor’s report for the years ended 31 December 2009 and 2008
6. Investor presentation. VTB Group FY’2009 Results, March 30, 2010
7. Sberbank of Russia, consolidated Financial Statements and auditor’s report for the years ended 31 December 2009 and 2008
8. R.G. Tis the Gift to Be Simple - Why the 80-year-old DuPont Model Still Has Fans? // CFO Magazine, January (1998)
9. Kaplan Schweser Schwesernotes 2011 Certified Financial Analyst (CFA) level 1 book 3: Financial reporting and analysis, 2010, p. 153-155
10. Irini Kalluci Analysis of the Albanian banking system in a risk-performance framework, Bank of Greece, Economic Research Department, February 2011, p. 8
11. John W. Bitner, Robert A. Goddard Successful Bank Asset/Liability Management: A guide to the future beyond gap, John Wiley & Sons, 1992
12. VTB BANK, consolidated Financial Statements and auditor’s report for the years ended 31 December 2009 and 2008
13. Investor presentation. VTB Group FY’2009 Results, March 30, 2010
14. Sberbank of Russia, consolidated Financial Statements and auditor’s report for the years ended 31 December 2009 and 2008
Review
For citations:
Bondarenko M.D. FEATURES OF THE USE THE DUPONT MODEL IN ROE FORMING PROCESS ANALYSIS OF BANKS. Statistics and Economics. 2014;(4):25-29. (In Russ.) https://doi.org/10.21686/2500-3925-2014-4-25-29
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