Finance Project Assignment
1. Access the financial actuals; that is, historical financial data for the past five years for the bank ( Wells Fargo Bank), as well as your bank's competitor. o This may be taken from the commercial bank's web site, or from the SEC web site.
2. Develop a Microsoft Excel 2016 spreadsheet model using data given in the Statement of Financial Position. This should include:
o the balance sheet,
o income statement, and
o five to 10 common industry specific financial ratios for both your selected commercial bank and its competitor.
3. Given your Microsoft Excel spreadsheet, and the information it yields, write a report which discusses your commercial bank's strengths and weaknesses.
o This report must be written using the Microsoft Word 2016
4. Access the prevailing rates set by the Federal Reserve Board.
o Prepare a chart and analyze your selected commercial bank's historical profitability with the Federal Reserve interest rates over the past five years
o Discuss how these rates affected your bank's profitability
5. Read the Annual Report of your selected commercial bank. Answer and discuss the following:
o What is the announced mission, and future direction, as stated by the bank's Chief Executive Officer?
o Is your commercial bank in a good financial position to achieve those objectives?
6. Review and summarize the latest Dodd-Frank Act Stress Test results.
7. Review and summarize the latest BASEL III disclosures.
8. Prepare a forecast of your selected bank's projected profitability (You forecast this!).
o Assume that the Federal Reserve Board holds the interest rates "as is" or constant
o Discuss the impact this constant interest rate would have on three years of your bank's profitability
9. Submit the Microsoft Word 2016 document, the Microsoft Excel 2016 spreadsheet files and a narrated Microsoft PowerPoint.
Format your assignment according to the following formatting requirements:
1. The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.
2. The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.
3. Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.