Appraisers Blog

OCTOBER 14, 2024

article quote; Our hubristic faith in the god-like powers of technology and central banks / states creates an illusion that the credit cycle turning is the result of a “policy error,” when in fact it’s just the way systems function. The closer your comps are, the fewer the adjustments required, the narrower the range.

Finance 98

Finance Data Analysis Comps Technology 98

Appraisers Blog

FEBRUARY 6, 2024

I did a VA appraisal some years ago, and the same bank wanted a different appraisal on a different property. Then post funding 2 months later the investor wants you to add 2 comps. Baggins, Thats horrible. If you’ve been doing this racket for long enough you’ll have handfuls of these stories. its endless.

Appraisal 75

Appraisal Comps Banking 75

Benzinga

APRIL 23, 2022

Here are the biggest takeaways that founders need to know: #1 Don’t Skip The Bank. I would think about what you could sell the company for without their help and ensure that most of their comp is achieved above that threshold. #2 To date, I have sold five companies that I cofounded, and through these exits, I learned a lot.

Comps 98

Comps Banking Marketability 98

Appraisers Blog

AUGUST 24, 2023

Although from a LEGAL perspective, the plaintiffs must prove INTENT, they are clearly looking for a payday or national notoriety, banking on the fact that most appraisers would just settle, let the E&O company pay out, and pray it all goes away. But winning in court is not their objective.

Appraisal 76

Appraisal Comps Banking 76

Appraisers Blog

MAY 24, 2023

Spencer, imagine a better run system, like comp searching, or some better elevation and respect for the appraisers vital role and important worthy participation in mortgage lending. In reply to Spencer Paul. Close and I understand your points, well taken regardless.

Appraisal 76

Appraisal Comps Banking 76

Appraisers Blog

FEBRUARY 25, 2024

Firstly, a bank giving an estimate of value based on what facts? If the bank knows the value, why get an appraisal? Just one of the main reasons to select the right comps. There are a lot of factors we must consider when choosing comps. My opinion, the report that aired was disingenuous.

Appraisal 98

Appraisal Comps Banking Equity 98

Viking Mergers

MARCH 8, 2023

Keep in mind that all businesses have issues; it’s just essential to address them prior to selling to avoid scaring off banks and buyers in the heat of due diligence. First, let’s cover what constitutes a “major issue” that could potentially scare away buyers. That’s great!

Comps 130

Comps Compliance Banking Finance 130

M&A Leadership Council

JULY 13, 2023

Consider the following questions in any transaction comps that you might consider including in your M&A universe: What was the state of the financial markets at the time of the deal? Did the acquirer source the transaction through its proprietary deal flow, or was it a competitive auction run by an investment bank?

Precedent Transaction Analysis 52

Precedent Transaction Analysis Comps Mergers & Acquisitions Banking 52

M&A Leadership Council

JULY 13, 2023

Consider the following questions in any transaction comps that you might consider including in your M&A universe: What was the state of the financial markets at the time of the deal? Did the acquirer source the transaction through its proprietary deal flow, or was it a competitive auction run by an investment bank?

Precedent Transaction Analysis 52

Precedent Transaction Analysis Comps Mergers & Acquisitions Banking 52

Brian DeChesare

DECEMBER 6, 2023

So, expect a lot of quarterly financial projections , quick public comps , and simple DCF models linked to specific catalysts. So, while a traditional IB background at a top bank helps, you don’t necessarily need it if you start early or get relevant experience elsewhere. Do Multi-Manager Hedge Funds Deliver?

Start-ups 104

Start-ups Beta Marketability Comps 104

Appraisal Rights

JUNE 5, 2017

Further to our prior post about Delaware’s two new appraisal decisions, SWS Group was a small, struggling bank holding company that merged on January 1, 2015 into one of its own substantial creditors, Hilltop Holdings. Stockholders of SWS received a mix of cash and Hilltop stock worth $6.92 at closing. below the merger price.

Beta 40

Beta Risk Premium Capital Structure Discounted Cash Flow 40

A Neumann & Associates

APRIL 5, 2022

The third is that the Banks are still lending at favorable rates and encouraging small business (SBA) loans to make it easier to secure the necessary funds. This market lens is critical as it looks at what other similar businesses have sold for over the last several years (think about it loosely as a “comp”).

Start-ups 52

Start-ups Business Valuation Fair Market Value Comps 52

Valutico

MAY 6, 2024

The most common market-based valuation methods are the Comparable Companies Analysis (Comps) and the Precedent Transactions Analysis. Comparable Companies Analysis (CCA/Comps) Comparable Companies (Comps) Analysis involves identifying publicly traded companies in the same industry with similar growth prospects, and economic characteristics.

Discounted Cash Flow 52

Discounted Cash Flow Precedent Transaction Analysis Weighted Average Cost of Capital Comparable Company Analysis 52

Equilest

NOVEMBER 25, 2023

These interviews are not just a mere formality but a critical component of the hiring process in finance, investment banking, and consulting. Prominence of Valuation Methods: Discounted Cash Flow (DCF) analysis, comparable company analysis (comps), and precedent transactions are often regarded as the three most used valuation methodologies.

Discounted Cash Flow 52

Discounted Cash Flow Dividends Enterprise Value Terminal Value 52

Reynolds Holding

OCTOBER 9, 2024

The company’s D&O questionnaires, which “instructed recipients to ‘exercise great care,’” provided as a non-exhaustive list of examples of “material relationships,” commercial, industrial, banking, consulting, charitable and familial relationships, but did not list friendships.

Comps 45

Comps Banking 45

Appraisers Blog

JANUARY 2, 2025

FNMA initiated buyback and state complaint and are saying I used improper comps cause they are in a different HS zone despite the comps being ~0.6 miles away with a supported/documented adjustment and despite me including 3 comps in the same HS zone and all are in the same ISD.

Comps 98

Comps Banking 98

Value Scope

SEPTEMBER 24, 2020

TCFD provides recommended disclosures for these four areas and guidance on how to implement the recommendations for the financial sector ( banks, insurance companies, asset managers, asset owners) and the non-financial sector (energy, transportation, materials and buildings, and agriculture, food and forest products).

Intangible Assets 130

Intangible Assets Alpha Beta Marketability 130