商业银行是金融领域中数量最多、分布最广的金融企业,由于其业务内容广泛,对社会经济生活的影响巨大,随着银行业的逐步对外开放和股权分置改革的推行,引发了人们对银行类股票价格的思考,本文对银行类上市公司价值的影响因素创新引入股权分置改革虚拟变量做出实证研究,实证结果显示:Feltham-Ohlson模型并不简单适用于中国上市银行,需要结合中国的实际情况加以改造;股权分置改革与银行价值正相关。 Commercial banks are the largest and most widely distributed financial enterprises in the financial field. Due to their wide range of businesses, they have a huge impact on social and economic life. With the gradual opening-up of the banking sector and the implementation of share-trading reform, This paper makes an empirical study on the factors influencing the value of bank listed companies by introducing the dummy variables of the non-tradable share reform. The empirical results show that the Feltham-Ohlson model is not suitable for China’s listed banks and needs to be combined with China The actual situation to be transformed; ownership structure reform and bank value is positively correlated.