This paper investigates the impact of individual bank fundamental variables on stock market returns using data from a … non-interest income in terms of fees and commissions. In panel regressions, we relate bank stock returns to fundamental … spatial correlation. Our results indicate that several bank-specific variables exhibit a robust explanatory power across …

The measurement of bank output, a difficult and contentious issue, has become even more important in the aftermath of … information and transactions imply a quantity measure of bank service output based on transaction counts instead of balances of … on balances, this implies a potentially considerable bias in the estimate of bank output growth in Europe vis-à-vis that …