An Empirical Study on Bank Profitability Determinants: Evidence from US

The emphasis placed by scholars on determining the way to a more efficient and profitable banking industry has inspired this research. This study examines the determinants of bank profitability from the year of 2001 to 2020 using an unbalanced panel dataset of 434 US commercial banks with 5248 obser...

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Main Author: Kabir, Sara Bintey
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2022
Online Access:https://eprints.nottingham.ac.uk/67645/
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author Kabir, Sara Bintey
author_facet Kabir, Sara Bintey
author_sort Kabir, Sara Bintey
building Nottingham Research Data Repository
collection Online Access
description The emphasis placed by scholars on determining the way to a more efficient and profitable banking industry has inspired this research. This study examines the determinants of bank profitability from the year of 2001 to 2020 using an unbalanced panel dataset of 434 US commercial banks with 5248 observations. The System Generalized Method of Moments (SGMM) is utilized to analyse the key bank-specific, industry-specific, and macroeconomic determinants of profitability in US commercial banks. As an important component of bank-specific variables cost-efficiency of bank is calculated using the Battese and Coelli (1995) stochastic frontier model. The computed average cost efficiency score of banks during the last 20 years is 85.9%, according to the results. The scores have an overall upward trend with two major downturns during global financial crisis and Covid-19. The profitability determinants analysis exhibits that profitability is significantly influenced by eight different variables. The profitability of US commercial banks is positively associated with previous year’s profit, cost-efficiency, GDP growth rate, inflation and unemployment rate. However, it is inversely correlated with bank size, liquidity and credit risk. Keywords: Banking, Profitability, Cost-efficiency, System GMM, SFA.
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spelling nottingham-676452023-04-25T13:25:16Z https://eprints.nottingham.ac.uk/67645/ An Empirical Study on Bank Profitability Determinants: Evidence from US Kabir, Sara Bintey The emphasis placed by scholars on determining the way to a more efficient and profitable banking industry has inspired this research. This study examines the determinants of bank profitability from the year of 2001 to 2020 using an unbalanced panel dataset of 434 US commercial banks with 5248 observations. The System Generalized Method of Moments (SGMM) is utilized to analyse the key bank-specific, industry-specific, and macroeconomic determinants of profitability in US commercial banks. As an important component of bank-specific variables cost-efficiency of bank is calculated using the Battese and Coelli (1995) stochastic frontier model. The computed average cost efficiency score of banks during the last 20 years is 85.9%, according to the results. The scores have an overall upward trend with two major downturns during global financial crisis and Covid-19. The profitability determinants analysis exhibits that profitability is significantly influenced by eight different variables. The profitability of US commercial banks is positively associated with previous year’s profit, cost-efficiency, GDP growth rate, inflation and unemployment rate. However, it is inversely correlated with bank size, liquidity and credit risk. Keywords: Banking, Profitability, Cost-efficiency, System GMM, SFA. 2022-03-10 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/67645/1/20304714_BUSI4109_2021.pdf Kabir, Sara Bintey (2022) An Empirical Study on Bank Profitability Determinants: Evidence from US. [Dissertation (University of Nottingham only)]
spellingShingle Kabir, Sara Bintey
An Empirical Study on Bank Profitability Determinants: Evidence from US
title An Empirical Study on Bank Profitability Determinants: Evidence from US
title_full An Empirical Study on Bank Profitability Determinants: Evidence from US
title_fullStr An Empirical Study on Bank Profitability Determinants: Evidence from US
title_full_unstemmed An Empirical Study on Bank Profitability Determinants: Evidence from US
title_short An Empirical Study on Bank Profitability Determinants: Evidence from US
title_sort empirical study on bank profitability determinants: evidence from us
url https://eprints.nottingham.ac.uk/67645/