..., after-tax return on asset, before-tax return on asset, after-tax return on equity and before-tax return on equity. Findings The findings reveal that high EPU negatively affects bank NII. Real gross domestic product growth rate, nonperforming loans and regulatory capital ratio are negatively related...

... on independent variables was also identified and suggests a decreasing trend of return on assets with increasing values of the WCM’s characteristic variables. Research limitations/implications – Drawing on similar studies, this study confirms that WCM is relevant for firms’ profitability. Practical...