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 cos...

Cijeli opis

Bibliografski detalji
Glavni autor: Detragiache, Enrica
Daljnji autori: Tressel, Thierry, Turk-Ariss, Rima
Format: Žurnal
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2018.
Serija:IMF Working Papers; Working Paper ; No. 2018/099
Online pristup:Full text available on IMF
LEADER 01897cas a2200265 a 4500
001 AALejournalIMF018462
008 230101c9999 xx r poo 0 0eng d
020 |c 5.00 USD 
020 |z 9781484354544 
022 |a 1018-5941 
040 |a BD-DhAAL  |c BD-DhAAL 
100 1 |a Detragiache, Enrica. 
245 1 0 |a Where Have All the Profits Gone? :   |b European Bank Profitability Over the Financial Cycle /  |c Enrica Detragiache, Thierry Tressel, Rima Turk-Ariss. 
264 1 |a Washington, D.C. :  |b International Monetary Fund,  |c 2018. 
300 |a 1 online resource (34 pages) 
490 1 |a IMF Working Papers 
500 |a <strong>Off-Campus Access:</strong> No User ID or Password Required 
500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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 aggressively during the crisis, and reduced reliance on wholesale funding more markedly post-crisis. Net interest margins remained broadly stable over the financial cycle, including post-crisis, and there is no clear evidence that aspects of bank business model, such as higher reliance on fees and commission income, were associated with better profitability post-crisis. 
538 |a Mode of access: Internet 
700 1 |a Tressel, Thierry. 
700 1 |a Turk-Ariss, Rima. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2018/099 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2018/099/001.2018.issue-099-en.xml  |z IMF e-Library