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Determinants of real estate bank profitability

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  • Martins, António Miguel
  • Serra, Ana Paula
  • Stevenson, Simon

Abstract

The aim of this study is to examine how bank-specific, industry-specific and macroeconomic factors affect the profitability of 108 real estate banks from the U.S., the U.K. and Germany over the period from 2000 to 2014. The literature describing the profitability determinants of real estate banks is almost nonexistent. Similarly, there exist very few papers that investigate the impact of the recent financia crisis on bank profitability. To account for the effects of the recent financial crisis, we separately considered the years before and during the crisis.

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  • Martins, António Miguel & Serra, Ana Paula & Stevenson, Simon, 2019. "Determinants of real estate bank profitability," Research in International Business and Finance, Elsevier, vol. 49(C), pages 282-300.
    • Handle: RePEc:eee:riibaf:v:49:y:2019:i:c:p:282-300
    DOI: 10.1016/j.ribaf.2019.04.004
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