Abstract
The paper focuses on the importance of financial forecasting to ensure the stabilization of the banking business. The purpose of the research was to develop recommendations for improving financial performance forecasts as the basis for ensuring the stable position of banks on the market. The relevance of the subject concerned is in line with the general trend in the Russian banking system activities under the current economic conditions that require prediction of certain financial indicators. To this end, an empirical model of forecasting the financial performance of banks is presented based on the panel regression in the Statistica program. The study identifies factors that affect the bank performance, particularly, the profit before tax indicator. On their basis, a model is constructed that describes the performance dynamics of many banks. It is concluded that the stable situation on the Russian banking market is continuing.
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