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
The paper investigates EU banks’ profitability through the recent financial cycle using banklevel 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... READ MORE...

Publication date: May 2018
ISBN 9781484354544
$18.00

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