"What a lot of nothing...nobody buys a bank on whether it is managing a fixed income portfolio well or not. Let's see them lend the money out, then investors who invest in bank shares (not a bond portfolio) will determine if the resulting loan assets warrant a higher stock price or not. "
Just out of curiosity what do you do for a living?
Don't you think a better way of valuing a bank is the amount of money they are making? Although I am certain you are a fine intelligent gentleman, you are responding to Norm's valuable and informative message like an idiot. Norm has earned his credentials on this message board.