Finding bank stocks on your Bloomberg Terminal

In this post I want to walk through two possible ways to use the Bloomberg Terminal version of CompleteBankData (accessible via APPS BANKS <GO>)  to find bank equity investments.

To access the CompleteBankData app enter the command APPS BANKS <GO>.  If you aren’t a subscriber you can sign up for a free app preview.

Finding Ideas Using Proven Pre-Configured Strategies

One of the advantages of CompleteBankData is that we’ve leveraged our banking expertise and built over 20 investment idea generation strategies.  These strategies are refreshed based on real-time data giving you a constant stream of new investment ideas.

The Find Ideas page is always loaded in your application and is accessible via the tabs across the top of the screen.  Ideas can be sorted by bank size or category.  A screenshot of the Find Ideas page is shown below. Screen Shot 2015-02-13 at 11.11.55 AM

Each strategy shows the top five matching results.  Clicking on a strategy will open a dialog box with a full list of matching banks as well as buttons to view details, compare banks or save banks for later viewing.  Here is what the dialog box looks like:Screen Shot 2015-02-13 at 11.36.03 AM

Select a bank you are interested in by clicking on the checkbox next to the bank name.  Once a bank, or multiple banks are selected the buttons at the top of the dialog will be enabled.  For our example select a bank and then click View Details.  The detail page contains detailed financial statements as well as a valuation model for your selected bank.  You also have the ability to chart any piece of financial data on this page.

Screen Shot 2015-02-13 at 11.38.35 AM

Finding Banks with the Customized Bank Screener

CompleteBankData on the Bloomberg Terminal (APPS BANKS <GO>) has the ability to create customized bank stock screens.  The screener has been optimized to contain both market and bank specific search criteria.  Because we know banks you won’t be seeing metrics that don’t apply to banks such as EV/EBITDA sneak into the screener.

The Customized Bank Screener is accessible via the main menu.  Open this menu by clicking on the green button titled Menu on the far left of the tab bar.

The top of the page contains the custom criteria.  To add additional screening criteria click the –Select a field– drop down and make your selection.  To remove a selection click on the orange X next to the criteria.

Once you have  configured the criteria as you wish click the Search button.  Matching banks will appear below your search criteria.  The screenshot below shows a search with multiple criteria and matching banks.

Screen Shot 2015-02-13 at 11.56.12 AM

Select a bank you are interested in by clicking on the checkbox next to the bank name.  Once a bank, or multiple banks are selected the buttons at the top of the dialog will be enabled.  For our example select a bank and then click View Details.  The detail page contains detailed financial statements as well as a valuation model for your selected bank.  You also have the ability to chart any piece of financial data on this page.

A screenshot of a bank detail is shown below:

Screen Shot 2015-02-13 at 11.38.35 AM

 

More Information

Looking for more information for how CompleteBankData can give you the ultimate edge in bank equity investing?  Information about CompleteBankData including a full user guide can be found on your Terminal with the command APPS BANKS <GO> or on our website linked below.  Or contact our sales team via email or phone.

Web: https://www.completebankdata.com/bloomberg

Phone: 1-866-591-8315

Email: info@completebankdata.com

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