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 …

Under the Single Supervisory Mechanism (SSM) introduced in 2014, the European Central Bank directly supervises …

conditional profitability distributions. Real GDP growth and the NPL ratio are shown to be the most reliable determinants of bank …This paper explores the determinants of profitability across large euro area banks using a novel approach based on … profitability. However, the estimated conditional distributions reveal that, while higher growth would raise profits on average, a …