This paper examines the determinants and convergence of bank profitability in eight European Union member countries …, between 1992 and 2007, using a dynamic panel model. There is evidence of persistence of abnormal bank profit from one year to … persistence of EU bank profit was lower in 1999-2007 than it was in 1992-98 in six of the eight countries. This suggests there has …

This paper examines the determinants and convergence of bank profitability in eight European Union member countries …, between 1992 and 2007, using a dynamic panel model. There is evidence of persistence of abnormal bank profit from one year to … persistence of EU bank profit was lower in 1999-2007 than it was in 1992-98 in six of the eight countries. This suggests there has …

Have Euro Area banks restored viability in the post-crisis era? We investigate profitability convergence for Euro Area … towards a lower profit level, suggesting a ‘great convergence' towards the middle. Moreover, we identify a cluster of banks … exhibiting dismal profit dynamics, indicating the need for a restructuring of part of the Euro Area banking sector …