Best literature to understand banks?

[Value_Added]

Does anyone have any good recommendations on literature that would help someone  better understand banks?  More so from the perspective on what to look out for when looking through their financial statements (red flags) and proper valuation based on the quality of deposits, loans, investments, etc…

[Spekulatius]

If by bank you mean a community or regular regional bank, I recommend the Bank Investor handbook from Nate Tobik:

https://www.amazon.com/Bank-Investors-Handbook-Nathan-Tobik/dp/0692990208/ref=asc_df_0692990208/?tag=hyprod-20&linkCode=df0&hvadid=693310352361&hvpos=&hvnetw=g&hvrand=3643512216823082451&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9193068&hvtargid=pla-416269198694&psc=1&mcid=141e485f723c3853be1def45580d676d

 

 

Edited October 17 by Spekulatius

[Value_Added]

51 minutes ago, Spekulatius said:

If by bank you mean a community or regular regional bank, I recommend the Bank Investor handbook from Nate Tobik:

https://www.amazon.com/Bank-Investors-Handbook-Nathan-Tobik/dp/0692990208/ref=asc_df_0692990208/?tag=hyprod-20&linkCode=df0&hvadid=693310352361&hvpos=&hvnetw=g&hvrand=3643512216823082451&hvpone=&hvptwo=&hvqmt=&hvdev=c&hvdvcmdl=&hvlocint=&hvlocphy=9193068&hvtargid=pla-416269198694&psc=1&mcid=141e485f723c3853be1def45580d676d

 

 

Thanks, I’ll check it out!  And yes, I meant this for a small regional bank so this is exactly what I was looking for.

[thowed]

Cheers for reminder - have ordered - Nate been a great contributor here and on his blog, so happy to have it.

[pricingpower]

Agree The Bank Investor Handbook is a nice starting point

 

Some other books depending on direction you're going-

 

The Zen of Thrift Conversions: How To Turn Hidden Bank Stocks Into Big Gains

Too Big To Fail

The Lost Bank: The Story of Washington Mutual - The Biggest Bank Failure in American History

Trillion Dollar Triage

Money Games

Invested by Charles Schwab

The Price of Time

When Genius Failed

 

JP Morgan's annual letters are the easiest read out of the big banks and do a nice job of discussing focus metrics

 

There are a few posters on VIC that do a really nice job with small banks, a few days spent reading every post mentioning the word bank and seeing how they played out would be super high signal to noise.

[Vish_ram]

Bitcoin standard 

[Value_Added]

Thanks for all of the recommendations.  This is more a fintech catalyst/opportunity with a core banking business as its foundation.  I understand the fintech aspect but it is essentially a call option on the position.  I need to ensure the core banking is sound as that is where the downside exists. It appears that while they’re a small community bank, they have a large reach across the majority of the US for SBA loans specifically to non-resort hotel chains. It looks as though the Bank Investor Handbook will get me started to help gain an understanding of the financial statements and filings (though The Bitcoin Standard has me intrigued from a curiosity aspect…not sure how much it would help me in this situation).