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Allbanc Split (TSX:ABK.PR.C.PFD) Altman Z2-Score


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What is Allbanc Split Altman Z2-Score?

Altman Z2-Score, also known as Z"-Score, is used to predict the likelihood that a non-manufacturing company (excluding property/financial company) will face bankruptcy within a two-year period.

Altman Z2-Score does not apply to banks and insurance companies.


Allbanc Split (TSX:ABK.PR.C.PFD) Business Description

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Allbanc Split Corp is a mutual fund corporation. The company's portfolio includes shares of various banks to generate income for the holders of its preferred shares and to enable the holders of its capital shares to participate in any capital appreciation in the Portfolio Shares and to benefit from any increase in the dividends payable on the Portfolio Shares.