Bank stock
BANK STOCK. The capital of a bank. It is usually divided in shares of a certain amount. This stock is generally transferable on the books of the bank, and considered as personal property. Vide Stock.
References in classic literature
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But his business interests --what about his farm, his cattle, his machinery, his bank stock, his mortgages, his municipal bonds?
75m in cash and approximately 1,989,461 shares of Pacific Commerce Bank stock in exchange for all outstanding Vibra Bank shares for aggregate consideration of USD 17.
The paper examines how bank stock values reacted to those discussions.
HBOS has been leading the bank stock slump, down 36% on the session.
Finally, the tradeoff relationship between the prepayment risk and bank stock returns is important to bank stock investors.
EDS: UPDATING WITH RESUMPTION OF TOKYO STAR BANK STOCK TRADING)
There is still a lot of excitement for the bank stock.
Only IRAs that own bank stock qualify; IRAs that own bank holding company stock do not; see Secs.
Overall, the performance of the S&P bank stock index and the Fourth District index has been relatively flat since the first week in June, slightly outperforming the broader S&P 500 market index.
Since Royal Bank's results day when it announced a ten per cent rise in first-half pretax profit, its shares have fallen almost nine per cent, making it the worst performing bank stock in London's FTSE 100 index of blue chips, reflecting investors' concerns that the British bank may issue new shares to pay for its next acquisition.
Anyone who watched bank stock valuations fall off a cliff in 1990, only to rise 70 percent in the first three quarters of 1991, knows the conventional wisdom is wrong.
This research improves on existing studies by (1) extending their scope beyond a two-factor pricing model to a specific examination of the role of theoretically justified macroeconomic variables in influencing bank stock returns, (2) employing Department of Commerce definitions of economic activity in segmenting the return generating process, and (3) examining returns for a portfolio of commercial bank stocks over four (National Bureau of Economic Research) NBER-defined business cycles (19 years).
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