An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice

This paper examines the determinants of bank profitability from 52 listed banks in UK for the period of 2004-2013. The financial ratios are employed to examine the effect of bank specific and macroeconomic factors on bank profitability. To evaluate the impact of the recent financial crisis, we split...

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Main Author: Wu, Yang
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2014
Online Access:https://eprints.nottingham.ac.uk/27515/
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author Wu, Yang
author_facet Wu, Yang
author_sort Wu, Yang
building Nottingham Research Data Repository
collection Online Access
description This paper examines the determinants of bank profitability from 52 listed banks in UK for the period of 2004-2013. The financial ratios are employed to examine the effect of bank specific and macroeconomic factors on bank profitability. To evaluate the impact of the recent financial crisis, we split up the total period into before and during the crisis period (2004-2008), and post-crisis period (2009-2013). The persistence of profit confirm the dynamic system GMM model are applied on unbalanced panel data. The estimation results exhibit that bank capital, liquidity risk and bank size contribute to higher bank's profitability significantly in the anticipated way. However, higher credit risk are associated with lower asset quality and lower bank's profitability. Besides, we find that real GDP growth and real interest rate has a significant positive impact on bank profitability. Finally, our study reveals the importance of bank specific factors provide further implication on bank risk management with aim to indicate efficiently risk management in order to protect the long run interest of profit-making. Key words: Banks’ Profitability; Bank Specific factors; Macroeconomic factors; GMM estimator
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spelling nottingham-275152017-10-19T14:01:30Z https://eprints.nottingham.ac.uk/27515/ An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice Wu, Yang This paper examines the determinants of bank profitability from 52 listed banks in UK for the period of 2004-2013. The financial ratios are employed to examine the effect of bank specific and macroeconomic factors on bank profitability. To evaluate the impact of the recent financial crisis, we split up the total period into before and during the crisis period (2004-2008), and post-crisis period (2009-2013). The persistence of profit confirm the dynamic system GMM model are applied on unbalanced panel data. The estimation results exhibit that bank capital, liquidity risk and bank size contribute to higher bank's profitability significantly in the anticipated way. However, higher credit risk are associated with lower asset quality and lower bank's profitability. Besides, we find that real GDP growth and real interest rate has a significant positive impact on bank profitability. Finally, our study reveals the importance of bank specific factors provide further implication on bank risk management with aim to indicate efficiently risk management in order to protect the long run interest of profit-making. Key words: Banks’ Profitability; Bank Specific factors; Macroeconomic factors; GMM estimator 2014-09-18 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/27515/1/Yang_Wu_Dissertation_.pdf Wu, Yang (2014) An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Wu, Yang
An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice
title An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice
title_full An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice
title_fullStr An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice
title_full_unstemmed An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice
title_short An Empirical Analysis of Determinants of Bank Profitability from Listed UK Banks and its Implication on Risk Management Practice
title_sort empirical analysis of determinants of bank profitability from listed uk banks and its implication on risk management practice
url https://eprints.nottingham.ac.uk/27515/