Impact of financial crisis over the evolution of banks from the capital market

Ioan Nistor and Maria Ciupac-Ulici

Finante - provocarile viitorului (Finance - Challenges of the Future), 2009, vol. 1, issue 10, 22-31

Abstract: The impact of the crisis on Europe comes from both direct and indirect channels. The direct effects have been felt mostly through the financial sector. For example, stock market volatility has increased since the onset of the crisis and wealth losses have been observed in the major stock exchanges. Stocks issued by banks underwent a period of extreme volatility in the midst of market uncertainty. This study investigates the impact of the financial crisis on some european banks through a set of indicators: earnings per share, price earnings ratio, price to book ratio and return on equity. Financial crisis has affected negative all the values of these indicators due to the low prices of the shares and the decrease of net income.

Keywords: capital market; market volatility; stock exchange; banks (search for similar items in EconPapers)
JEL-codes: G01 G10 G21 (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:aio:fpvfcf:v:1:y:2009:i:10:p:22-31

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