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 …

system, we identify an information shock when labor data is released and a pure monetary policy shock when the central bank … literature in two dimensions: studying the effect of the main driver behind the central bank announcements, and their …