Research On Capital Structure Optimization Of M Bank Co.,Ltd.

In March of this year,the bankruptcy of Silicon Valley Bank(SVB),as the black swan of this year,has attracted widespread attention.This exposes the plight of small and medium-sized commercial banks in the United States,with problems of declining asset quality,insufficient capital adequacy ratio and high liquidity risk,and also reminds the banking industry to pay more attention to its capital structure.As an important financial institution that affects economic and social development,it is very important for commercial banks to standardize healthy and high-quality development.The capital of commercial banks plays an important role in preventing and resolving risks.A reasonable capital structure not only affects the risks and costs of bank financing,but also affects business performance and profitability.The operating objects of commercial banks are mainly monetary funds.This particularity directly leads to a higher proportion of debt funds and a higher asset-liability ratio in enterprises,and its Profitability and operations is more directly affected by the capital structure.This paper takes M Bank Co.,Ltd.as the research object,adopts the case study method,analyzes the current situation of its capital structure,and optimizes the existing problems.Firstly,it is a literature review,which collects and sorts out the research results on capital structure in domestic and foreign literature,and then introduces the theoretical basis of capital structure and the static and dynamic research methods of optimal capital structure.Then,on the basis of analyzing the operation status of M Bank Co.,Ltd.,it makes a longitudinal analysis of the current situation of capital structure from six dimensions : ownership structure,ownership structure,debt structure,asset-liability ratio,capital adequacy ratio and non-performing loan ratio,and uses comparative analysis method to compare the current situation with the relevant data of leading commercial banks in the same industry.It is found that the capital structure of M Bank Co.,Ltd.has the problems of high ownership concentration,unreasonable ownership structure,single financing mode and high asset-liability ratio.In view of the existing problems,the data of five years from 2017 to 2021 are selected,and the static optimal capital structure model is used to judge that the optimal expected capital structure interval of M Bank Co.,Ltd.is(87.96 %-91.84 %).On this basis,the entropy weight method is used to construct the evaluation model of capital structure influencing factors,and the influence degree of 6first-level indicators and 13 second-level indicators on the maximization of enterprise value is tested.Finally,guided by the problem,from the three aspects of optimizing equity capital,optimizing bond capital and optimizing asset structure,the corresponding capital structure optimization specific scheme is designed,and it also puts forward corresponding safeguard measures in the four directions of promoting the construction of internal control system,improving corporate governance mechanism,strengthening supervision and standardizing development to ensure the implementation of the capital structure optimization scheme.