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Extraction Summary

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People
7
Organizations
2
Locations
1
Events
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Relationships
5
Quotes

Document Information

Type: Financial analysis report / conference presentation slide
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Summary

This document is a slide from a Bank of America Merrill Lynch presentation at the '2016 Future of Financials Conference' on November 17, 2016. It outlines financial analysis and price objectives for several firms, including Legg Mason, Morgan Stanley, and Regions Financial. Despite the prompt to analyze it as an Epstein-related document, the content itself has no explicit mention of Jeffrey Epstein or any known associates; its only potential connection is a 'HOUSE_OVERSIGHT' Bates stamp, indicating it was collected as part of a congressional investigation.

Organizations (7)

Name Type Context
Bank of America Merrill Lynch
Author/publisher of the financial analysis report.
Legg Mason (LM)
Subject of financial analysis with a $36 price objective.
Morgan Stanley (MS)
Subject of financial analysis with a $43 price objective.
New York Community Bancorp (NYCB)
Subject of financial analysis with a $17 price objective.
Prosperity Bancshares Inc (PB)
Subject of financial analysis with a $58 price objective.
Regions Financial (RF)
Subject of financial analysis with a $13 price objective.
HOUSE_OVERSIGHT
Implied congressional committee, as indicated by the Bates stamp 'HOUSE_OVERSIGHT_014385' on the document.

Timeline (1 events)

2016-11-17
2016 Future of Financials Conference

Locations (2)

Location Context
Referenced in the context of 'NY/Thrift' peers for New York Community Bancorp.
Referenced in the context of 'TX peers' for Prosperity Bancshares Inc.

Key Quotes (5)

"Our $36 price objective is based on a target P/E multiple of 12x our calendar '17E, a discount to the group, given financial leverage, muted flows, and deal/integration risk."
Source
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Quote #1
"Our $43 PO is based on a target PB multiple of 1.3x our forward book value estimate..."
Source
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Quote #2
"Our price objective is $17 and we use a three factor valuation model equally weighing valuations using P/E, P/TBV and DCF models."
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Quote #3
"We use a three-factor valuation framework (P/TBV, P/E, DCF) to arrive at our $58 price objective."
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Quote #4
"We use a three-factor valuation framework (P/E, P/TBV, DCF) to arrive at our $13 price objective..."
Source
HOUSE_OVERSIGHT_014385.jpg
Quote #5

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