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A Statistical Simulation for the Profitability of Banks: A Study

Author

Listed:
  • Chinedu Okeke

    (Zenith Bank, Central Business District, Abuja, Nigeria)

  • E. Chuke Nwude

    (Department of Banking and Finance, Faculty of Business Administration, University of Nigeria, Enugu Campus, Enugu State, Nigeria)

Abstract

This study investigated the profitability of quoted banks alongside the risk content. The relevant models as enunciated in the current literatures for determining the return as well as risk were employed. The findings of the study showed that GTB is the most profitable bank in Nigeria with respect to return on shareholders' funds and return on assets for the entire 15-year study period. Sterling bank is crowned the most profitable bank in Nigeria with respect to return on capital employed.

Suggested Citation

  • Chinedu Okeke & E. Chuke Nwude, 2018. "A Statistical Simulation for the Profitability of Banks: A Study," International Journal of Economics and Financial Issues, Econjournals, vol. 8(2), pages 243-254.
    • Handle: RePEc:eco:journ1:2018-02-29
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    Citations

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    Cited by:

    1. O. Vasiurenko & V. LYASHENKO, 2020. "Wavelet coherence as a tool for retrospective analysis of bank activities," Economy and Forecasting, Valeriy Heyets, issue 2, pages 43-60.

    More about this item

    Keywords

    return on equity; return on assets; return on capital employed; banks; profitability;
    All these keywords.

    JEL classification:

    • G2 - Financial Economics - - Financial Institutions and Services

    Statistics

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