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...
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| Other Authors: | , |
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2018.
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| Series: | IMF Working Papers; Working Paper ;
No. 2018/099 |
| Online Access: | Full text available on IMF |