Abstract

To contribute to the existing knowledge of bank profitability in Nigeria, this study sought to identify significant company-level determinants of bank profitability. Using a panel data set comprising 91 observations of 33 banks over the 2000-2004 period, regression results reveal that capital size, size of credit portfolio and extent of ownership concentration are significant company-level determinants of bank profitability in Nigeria. Size of deposit liabilities, labour productivity, state of IT, ownership, control-ownership disparity and structural affiliation are insignificant; and the relationship between bank risk and profitability is inconclusive.

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