Analýza českého bankovního sektoru a ohodnocení vybraných akciových titulů českých bank

This thesis focuses on the analysis of the Czech banking sector and the valuation of selected equity titles of four banks operating on the Czech market. The first part provides a macroeconomic analysis and assesses the impact of external factors on the banking sector. This is followed by a description of the relevant market and a comparative evaluation of the selected banks using financial and sector-specific indicators. The core of the thesis is the valuation of bank shares using a combination of income-based, market, and balance sheet methods. The resulting ranges of intrinsic values are interpreted with respect to the listed or non-listed status of the assessed entities. For non-listed banks, the valuations serve as an indicative framework for a potential initial public offering (IPO).