Effects of adverse macroeconomic conditions on bank performance
| (1) | (2) | (3) | |
|---|---|---|---|
| ROA | |||
| Macrounc | −0.362***(0.092) | −0.350***(0.0613) | −0.364***(0.0924) |
| Influnc | 0.00919(0.053) | 0.00412(0.0526) | |
| Recprob | 0.00252(0.003) | 0.00277(0.0029) | 0.00238(0.0033) |
| Inflexp | −0.269***(0.0689) | −0.271***(0.0680) | −0.237***(0.0581) |
| Infl | 0.0577(0.067) | 0.0564(0.0665) | |
| _ cons | 1.928***(0.190) | 1.933***(0.188) | 1.870***(0.178) |
| R2 | 0.3103 | 0.3103 | 0.3065 |
| ROE | |||
| Macrounc | −3.934***(1.075) | −3.787***(0.760) | −4.017***(1.104) |
| Influnc | 0.132(0.615) | −0.0513(0.628) | |
| Recprob | 0.0170(0.0378) | 0.0201(0.034) | 0.0119(0.0388) |
| Inflexp | −3.167***(0.803) | −3.191***(0.793) | −2.004**(0.694) |
| Infl | 2.085**(0.780) | 2.069**(0.776) | |
| cons_ | 21.56***(2.216) | 21.62***(2.199) | 19.46***(2.129) |
| R2 | 0.2905 | 0.2905 | 0.2514 |
| NIM | |||
| Macrounc | −0.196(0.116) | −0.190*(0.077) | −0.211(0.124) |
| Influnc | 0.00491(0.067) | −0.0272(0.0708) | |
| Recprob | −0.00220(0.0041) | −0.0021(0.0037) | −0.0031(0.0044) |
| Inflexp | −0.259**(0.0870) | −0.260**(0.0858) | −0.0548(0.0782) |
| Infl | 0.366***(0.0845) | 0.365***(0.0840) | |
| _ cons | 4.480***(0.240) | 4.482***(0.238) | 4.112*** |
| R2 | 0.1896 | 0.1896 | 0.0719 |
| N | 129 | 129 | 129 |
| (1) | (2) | (3) | |
|---|---|---|---|
| Macrounc | −0.362***(0.092) | −0.350***(0.0613) | −0.364***(0.0924) |
| Influnc | 0.00919(0.053) | 0.00412(0.0526) | |
| Recprob | 0.00252(0.003) | 0.00277(0.0029) | 0.00238(0.0033) |
| Inflexp | −0.269***(0.0689) | −0.271***(0.0680) | −0.237***(0.0581) |
| Infl | 0.0577(0.067) | 0.0564(0.0665) | |
| _ cons | 1.928***(0.190) | 1.933***(0.188) | 1.870***(0.178) |
| Macrounc | −3.934***(1.075) | −3.787***(0.760) | −4.017***(1.104) |
| Influnc | 0.132(0.615) | −0.0513(0.628) | |
| Recprob | 0.0170(0.0378) | 0.0201(0.034) | 0.0119(0.0388) |
| Inflexp | −3.167***(0.803) | −3.191***(0.793) | −2.004**(0.694) |
| Infl | 2.085**(0.780) | 2.069**(0.776) | |
| cons_ | 21.56***(2.216) | 21.62***(2.199) | 19.46***(2.129) |
| Macrounc | −0.196(0.116) | −0.190*(0.077) | −0.211(0.124) |
| Influnc | 0.00491(0.067) | −0.0272(0.0708) | |
| Recprob | −0.00220(0.0041) | −0.0021(0.0037) | −0.0031(0.0044) |
| Inflexp | −0.259**(0.0870) | −0.260**(0.0858) | −0.0548(0.0782) |
| Infl | 0.366***(0.0845) | 0.365***(0.0840) | |
| _ cons | 4.480***(0.240) | 4.482***(0.238) | 4.112*** |
Note(s): Standard errors in ( ) *p < 0.05, **p < 0.01, ***p < 0.001 (asterisks denotes levels of significance at various alpha levels)
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