Motivated by the variety of bank risk proxies, our analysis reveals that nonperforming assets are a well …-suited complement to the Z-score in studies of bank risk. …

Conventional wisdom in banking argues that diversification tends to reduce bank risk and improve performance, but the … to benefit more from being diversified. This analysis provides important strategic and policy implications for bank …

due to deregulation. A measure of bank risk taking subsumes the power of stock price misvaluation to explain subsequent …

This study examines structural shifts in the market for bank control resulting from the court decision of Northeast … motivated by protectionist policies. We document large, positive reactions in the affected bank stock prices, and show that it …

This paper analyzes the relationship between bank consolidation and the stability of the financial system within the … occurred during stable market conditions in order to determine whether the effects of bank consolidation on the overall economy …

contribution in cross-border M&As with a non-bank financial institution, and witness profitability (ROA) gains, supporting … contribution in national mergers. Bank mergers with investment FIs targets enhance productivity but impair technical efficiency …, contrary to bank-real estate deals where technical efficiency change accompanied lower systemic risk contribution …

extensive dataset of U.S. bank holding companies, we find that high policy uncertainty strengthens banks’ FUD. For banks with a …

profitability matters for the asset-liability dependency but not in the same way for all three sectors. Asset-liability dependency …

This paper studies the impact of cyclical systemic risk on future bank profitability for a large representative panel … risk predict large drops in the average bank-level return on assets (ROA) with a lead time of 3-5 years. Based on quantile … local projections we further show that the negative impact of cyclical systemic risk on the left tail of the future bank …