interest margin (NIM) and its components, retail lending and retail deposit rates. Using two proprietary bank-level data sets …, I find a positive impact of the level of the short-term rate on the NIM, which increases substantially at negative … market rates. As low profitability could hamper the ability of banks to expand lending, I also investigate the impact of the …

explained better by a bank's current balance sheet composition, the longer the forecast horizon. The opposite holds for banks …

transformation seem to account for a much smaller share (about 20%) of the median bank’s net interest margin. …

bank's net interest margin, where this shock consists not only of a level shift, but also of a change in the steepness of … the term structure. Our simplified model can replicate stylized features of different bank business models.The outcome of … our parsimonious model for a bank's interest business is broadly in line with the results of a quantitative survey among …

Prior literature documents the usefulness of the DuPont disaggregation for predicting firms future profitability …. However, there is a lack of research examining how earnings quality affects forecasts of profitability. This paper explores … whether different earnings quality factors moderate the accuracy of profitability forecasts. This study contributes to the …

The role of bank capital as a propagation channel of shocks is strongly pronounced in recent macroeconomic models. In … this paper, we show how the evolution of bank capital depends on the share of non-state-contingent assets in banks’ balance …