bank performance, this article recommends a new focus on bank cash flows. We identify weaknesses and deficiencies in the … statement can provide fresh insight into a bank's financial health. However, the article also argues that the international … statements. The article concludes by proposing various changes to improve the quality and utility of bank cash flow reporting. …

evidence to date points in the opposite direction, that is, toward the overvaluation of bank assets during the crisis. …

878 US bank holding companies over the period 2001–2009, I find strong evidence of income smoothing behavior. Additionally …, bank holding companies accelerate loan loss provisions to smooth income when (1) banks hit the regulatory minimum target …, (2) are in non-recessionary periods, and (3) are more profitable. I also find that bank internally set regulatory capital …

We show that eurozone bank risks during 2007–2013 can be understood as carry trade behavior. Bank equity returns load … bond returns, which generated carry until the deteriorating GIIPS bond returns adversely affected bank balance sheets. We …

the cross-section of banks; and, the negative German loading reflects funding risk (flight away from bank funding to … various proxies for bank short-term debt. Large banks and banks with low Tier 1 ratios and high risk-weighted assets had …” – greater exposure of domestic banks to its sovereign’s bonds – which is partly explained by the European Central Bank funding …