WARTOŚĆ RYNKOWA I KONDYCJA FINANSOWA BANKÓW GIEŁDOWYCH Z EUROPY ŚRODKOWEJ W LATACH 2007-2021
MARKET VALUE AND FINANCIAL CONDITION OF THE LISTED BANKS FROM CENTRAL EUROPE IN THE YEARS 2007-2021

Summary/Abstract: The aim of this article is to analyse the market value and financial condition of the banks listed on stock exchanges in Central Europe between 2007 and 2021, with particular attention to time and cross-country differences. A quantitative approach was applied, based on descriptive statistics and quartile analysis, which allowed the identification of relationships between banks' financial characteristics and their market value. The market value of the listed banks dropped significantly after the global financial crisis and did not return to its pre-2008 levels. Banks with higher profitability, lower operating costs, and larger size were generally valued more highly. In contrast, higher levels of equity and deposits did not always correlate with higher market valuation. The article provides a comprehensive profile of the listed banks in Central Europe and identifies the characteristics that may support higher market valuation. The findings may be useful for investors, bank managers, and regulators. The analysis also lays a foundation for further research employing econometric modelling.

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