Financial Performance Evaluation of A Bankrupt Bank: The Case of Silicon Valley Bank
Journal Title: Journal of Economics, Finance and Management Studies - Year 2024, Vol 7, Issue 02
Abstract
The aim of this research paper is to evaluate and compare the financial performance of Silicon Valley Bank spanning the two-year period prior to its eventual bankruptcy in March 2023, using financial data derived from the former bank’s annual reports. Comparative financial ratio analysis was conducted pertaining to four groups of financial indicators, profitability, capital structure, liquidity and market performance. The results of this analysis reveal a decline in performance in 2022 in comparison with the 2021 business year. The decline coincided with the public emergence of formidable business and market risks for the bank. This study fills a critical gap in the literature by assessing the connection between firm performance and both accounting & market indicators during a time of heightened financial distress, whereas previous studies tended to take a closer look at the relationship between firm performance and one specific class on financial indicator while neglecting the other, equally important class of indicators.
Authors and Affiliations
Mukdad Ibrahim,
Keywords
Related Articles
- EP ID EP731439
- DOI 10.47191/jefms/v7-i2-49
- Views 183
- Downloads 0
Investment Decisions in the Capital Market: Perceptions of Christian Students
Over time, the management of the capital market in Indonesia has undergone changes for the better. The growth in the number of investors in the secondary market is an indicator that the Indonesian capital market is incre...
What is the Theory of Turnover Intention in Human Resource Management? A Bibliometric Analysis.
This bibliometrics review aims to synthesize several studies related to turnover intention in human resource management. The methodology designed to analyze bibliometrics in this research involves two stages: the selecti...
The Revenues: Changes in the Registration of This Accounting Item in Italy
In November 2021, the .Italian Accounting Board (OIC) issued a draft accounting standard concerning revenues accounting (draft accounting standard OIC 34 The Revenues). The standard sets out some exciting observations th...
Overview of the State of Influence of Information Technology on the Government Sector in Bosnia and Herzegovina
In today’s technology world, many businesses rely on information technology. This influence has its reflection also on government sectors. Services and work are based on using different information technology programs, i...
Users' Perception of NFC Technology in Digital Payment Transactions in Indonesia
Near Field Communication (NFC) technology is growing and starting to be used on mobile devices such as smartphones. However, there are still differences in the factors of user perception and acceptance of the use of the...