Where Have All the Profits Gone? European Bank Profitability Over the Financial Cycle
Where Have All the Profits Gone? European Bank Profitability Over the Financial Cycle
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International Monetary Fund
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Language
English
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International Monetary Fund
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The paper investigates EU banks' profitability through the recent financial cycle using bank-level balance sheet and income statement data. We find that banks that were more successful at protecting their profits had a less pronounced deterioration in loan quality and a larger improvement in cost efficiency. They also downsized their assets more ag...
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Where Have All the Profits Gone? European Bank Profitability Over the Financial Cycle
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TN_cdi_gale_infotraccpiq_550014467
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https://devfeature-collection.sl.nsw.gov.au/record/TN_cdi_gale_infotraccpiq_550014467
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ISSN
1018-5941
DOI
10.5089/9781484354544.001