This study constructs aggregative profitability estimating equations for commercial banks. These equations were designed to serve three purposes: (1) to give bank management and other interested parties -- such as bank stockholders, bank customers, and investors -- insight into the operating...

The research objective of this study is to isolate a few "key" financial ratios significantly explaining variation in commercial bank profitability. A methodological objective is to test the operational and statistical results of regressing only variables that strongly discriminate between...

Bank funds management is the key to short-to-intermediate-term decision making in today's dynamic and volatile banking environment. Broadly defined, funds management includes all policies and approaches designed to obtain funds from deposits and borrowing and to allocate them to loans and...

There are several types of domestic-hybrid mutual funds that apply various stock/bond allocations in efforts to provide full diversification in one portfolio. These “one-stop shopping” funds were initially designed to simplify decision making for long-term investors and pension plan...

This is a first-step mutual funds study that provides analysis and disclosure of the elements of a newly defined total expense ratio, which includes the regulatory expense ratio, brokerage commissions, and implicit trading costs. Three structures are provided that identify whether a particular...

In this study, we provide extensive evidence on the performance and characteristics of 1,779 U.S. domestic, actively managed retail equity mutual funds. We find that expense ratios differ widely among Morningstar categories. Overall, our results indicate that funds with low expense ratios...