Table 5 Bayesian regression results of...

Table 5

Bayesian regression results of US bank performance (95% credible interval)

	All sample			Before crisis			During crisis			After crisis			Dodd-frank Act
Variables	ROAA	ROAE	NIM	ROAA	ROAE	NIM	ROAA	ROAE	NIM	ROAA	ROAE	NIM	ROAA	ROAE	NIM
SIZE	0.342	0.342	0.343	0.252	0.252	0.252	0.193	0.194	0.193	0.243	0.243	0.243	0.342	0.343	0.342
SIZE	[0.007, 45.99]	[0.007, 45.98]	[0.007, 45.99]	[0.008, 30.64]	[0.008, 30.64]	[0.008, 30.64]	[0.008, 22.31]	[0.009, 22.32]	[0.009, 22.32]	[0.008, 29.30]	[0.008, 29.31]	[0.008, 29.30]	[0.007, 45.99]	[0.007, 45.99]	[0.007, 45.99]
EPS	0.008	0.009	0.009	−3.79e	−9.69e	4.12e	5.03e	2.50e	4.96e	0.004	0.004	0.004	0.008	0.009	0.009
EPS	[0.006, 1.308]	[0.007, 1.37]	[0.006, 1.414]	[0.008, −0.004]	[0.009, −0.001]	[0.008, 0.005]	[0.009, 0.000]	[0.009, 0.003]	[0.009, 0.005]	[0.009, 0.413]	[0.009, 0.426]	[0.009, 0.431]	[0.007, 1.31]	[0.007, 1.37]	[0.006, 1.41]
ETA	0.064	0.065	0.057	0.025	0.025	0.024	0.016	0.017	0.016	0.026	0.026	0.025	0.064	0.065	0.057
ETA	[0.006, 9.469]	[0.007, 9.57]	[0.006, 8.239]	[0.009, 2.89]	[0.008, 2.91]	[0.009, 2.77]	[0.009, 1.79]	[0.009, 1.89]	[0.009, 1.80]	[0.009, 2.92]	[0.009, 2.92]	[0.009, 2.83]	[0.007, 9.47]	[0.007, 9.57]	[0.007, 8.24]
MCTA	−0.001	−0.001	−0.001	−0.001	−0.000	−0.000	−0.000	−0.000	−0.000	0.001	0.001	0.001	−0.001	−0.001	−0.001
MCTA	[0.006, −0.188]	[0.007, −0.187]	[0.007, −0.190]	[0.009, −0.11]	[0.009, −0.10]	[0.008, −0.11]	[0.009,- 0.092]	[0.009,- 0.089]	[0.009,- 0.093]	[0.009, 0.16]	[0.009, 0.16]	[0.009, 0.15]	[0.007,- 0.18]	[0.007,- 0.18]	[0.007,- 0.19]
ASSETGDP	0.345	0.345	0.345	0.269	0.269	0.269	0.201	0.201	0.202	0.233	0.233	0.233	0.345	0.345	0.345
ASSETGDP	[0.007, 46.22]	[0.007, 46.22]	[0.007, 46.23]	[0.008, 33.10]	[0.008, 33.10]	[0.008, 33.09]	[0.008, 23.33]	[0.008, 23.33]	[0.008, 23.33]	[0.008, 27.84]	[0.008, 27.84]	[0.008, 27.84]	[0.007, 46.22]	[0.007, 46.22]	[0.007, 46.23]
MCGDP	0.247	0.247	0.247	0.079	0.078	0.078	0.092	0.092	0.091	0.065	0.065	0.065	0.247	0.247	0.247
MCGDP	[0.006, 38.58]	[0.006, 38.57]	[0.006, 38.56]	[0.008, 8.95]	[0.009, 8.95]	[0.008, 8.94]	[0.009, 10.16]	[0.009, 10.15]	[0.009, 10.14]	[0.008, 7.32]	[0.008, 7.32]	[0.008, 7.30]	[0.006, 38.58]	[0.006, 38.58]	[0.006, 38.56]
INFR	0.999	0.999	0.342	0.526	0.526	0.526	0.289	0.288	0.289	0.541	0.542	0.541	0.999	0.999	0.999
INFR	[0.000, 3086]	[0.001, 3085]	[0.007, 45.99]	[0.007, 76.54]	[0.007, 76.53]	[0.006, 76.53]	[0.008, 34.29]	[0.008, 34.30]	[0.008, 34.29]	[0.007, 80.08]	[0.007, 80.08]	[0.007, 80.08]	[0.000, 3086]	[0.000, 3085]	[0.000, 3086]
GDPG	0.996	0.996	0.999	0.955	0.955	0.955	0.414	0.415	0.414	0.537	0.537	0.537	0.996	0.996	0.996
GDPG	[0.000, 2350]	[0.000, 2350]	[0.000, 3086]	[0.002, 464.9]	[0.002, 464.7]	[0.002, 465.0]	[0.007, 54.32]	[0.007, 54.32]	[0.007, 54.33]	[0.007, 78.99]	[0.007, 78.99]	[0.006, 78.99]	[0.000, 2350]	[0.000, 2350]	[0.000, 2350]
DCPS	0.998	0.998	0.998	0.483	0.482	0.482	0.303	0.303	0.303	0.465	0.465	0.465	0.998	0.998	0.998
DCPS	[0.000, 2997]	[0.000, 2996]	[0.000, 2997]	[0.007, 67.21]	[0.007, 67.20]	[0.007, 67.21]	[0.008, 36.36]	[0.008, 36.36]	[0.008, 36.36]	[0.007, 63.71]	[0.007, 63.70]	[0.007, 63.70]	[0.000, 2997]	[0.000, 2996]	[0.000, 2997]
HHI	0.998	0.998	0.998	0.949	0.948	0.949	0.926	0.927	0.927	0.463	0.462	0.463	0.998	0.998	0.998
HHI	[0.000, 2625]	[0.000, 2623]	[0.000, 2625]	[0.002, 415.6]	[0.002, 414.6]	[0.002, 415.7]	[0.003, 339.47]	[0.003, 339.22]	[0.003, 339.69]	[0.007, 63.16]	[0.007, 63.16]	[0.007, 63.16]	[0.000, 2625]	[0.000, 2623]	[0.000, 2625]
Obs.	11,892	11,892	11,892	5,548	5,548	5,548	1,586	1,586	1,586	1,586	1,586	1,586	3,965	3,965	3,965

	All sample			Before crisis			During crisis			After crisis			Dodd-frank Act
Variables	ROAA	ROAE	NIM	ROAA	ROAE	NIM	ROAA	ROAE	NIM	ROAA	ROAE	NIM	ROAA	ROAE	NIM
SIZE	0.342	0.342	0.343	0.252	0.252	0.252	0.193	0.194	0.193	0.243	0.243	0.243	0.342	0.343	0.342
SIZE	[0.007, 45.99]	[0.007, 45.98]	[0.007, 45.99]	[0.008, 30.64]	[0.008, 30.64]	[0.008, 30.64]	[0.008, 22.31]	[0.009, 22.32]	[0.009, 22.32]	[0.008, 29.30]	[0.008, 29.31]	[0.008, 29.30]	[0.007, 45.99]	[0.007, 45.99]	[0.007, 45.99]
EPS	0.008	0.009	0.009	−3.79e	−9.69e	4.12e	5.03e	2.50e	4.96e	0.004	0.004	0.004	0.008	0.009	0.009
EPS	[0.006, 1.308]	[0.007, 1.37]	[0.006, 1.414]	[0.008, −0.004]	[0.009, −0.001]	[0.008, 0.005]	[0.009, 0.000]	[0.009, 0.003]	[0.009, 0.005]	[0.009, 0.413]	[0.009, 0.426]	[0.009, 0.431]	[0.007, 1.31]	[0.007, 1.37]	[0.006, 1.41]
ETA	0.064	0.065	0.057	0.025	0.025	0.024	0.016	0.017	0.016	0.026	0.026	0.025	0.064	0.065	0.057
ETA	[0.006, 9.469]	[0.007, 9.57]	[0.006, 8.239]	[0.009, 2.89]	[0.008, 2.91]	[0.009, 2.77]	[0.009, 1.79]	[0.009, 1.89]	[0.009, 1.80]	[0.009, 2.92]	[0.009, 2.92]	[0.009, 2.83]	[0.007, 9.47]	[0.007, 9.57]	[0.007, 8.24]
MCTA	−0.001	−0.001	−0.001	−0.001	−0.000	−0.000	−0.000	−0.000	−0.000	0.001	0.001	0.001	−0.001	−0.001	−0.001
MCTA	[0.006, −0.188]	[0.007, −0.187]	[0.007, −0.190]	[0.009, −0.11]	[0.009, −0.10]	[0.008, −0.11]	[0.009,- 0.092]	[0.009,- 0.089]	[0.009,- 0.093]	[0.009, 0.16]	[0.009, 0.16]	[0.009, 0.15]	[0.007,- 0.18]	[0.007,- 0.18]	[0.007,- 0.19]
ASSETGDP	0.345	0.345	0.345	0.269	0.269	0.269	0.201	0.201	0.202	0.233	0.233	0.233	0.345	0.345	0.345
ASSETGDP	[0.007, 46.22]	[0.007, 46.22]	[0.007, 46.23]	[0.008, 33.10]	[0.008, 33.10]	[0.008, 33.09]	[0.008, 23.33]	[0.008, 23.33]	[0.008, 23.33]	[0.008, 27.84]	[0.008, 27.84]	[0.008, 27.84]	[0.007, 46.22]	[0.007, 46.22]	[0.007, 46.23]
MCGDP	0.247	0.247	0.247	0.079	0.078	0.078	0.092	0.092	0.091	0.065	0.065	0.065	0.247	0.247	0.247
MCGDP	[0.006, 38.58]	[0.006, 38.57]	[0.006, 38.56]	[0.008, 8.95]	[0.009, 8.95]	[0.008, 8.94]	[0.009, 10.16]	[0.009, 10.15]	[0.009, 10.14]	[0.008, 7.32]	[0.008, 7.32]	[0.008, 7.30]	[0.006, 38.58]	[0.006, 38.58]	[0.006, 38.56]
INFR	0.999	0.999	0.342	0.526	0.526	0.526	0.289	0.288	0.289	0.541	0.542	0.541	0.999	0.999	0.999
INFR	[0.000, 3086]	[0.001, 3085]	[0.007, 45.99]	[0.007, 76.54]	[0.007, 76.53]	[0.006, 76.53]	[0.008, 34.29]	[0.008, 34.30]	[0.008, 34.29]	[0.007, 80.08]	[0.007, 80.08]	[0.007, 80.08]	[0.000, 3086]	[0.000, 3085]	[0.000, 3086]
GDPG	0.996	0.996	0.999	0.955	0.955	0.955	0.414	0.415	0.414	0.537	0.537	0.537	0.996	0.996	0.996
GDPG	[0.000, 2350]	[0.000, 2350]	[0.000, 3086]	[0.002, 464.9]	[0.002, 464.7]	[0.002, 465.0]	[0.007, 54.32]	[0.007, 54.32]	[0.007, 54.33]	[0.007, 78.99]	[0.007, 78.99]	[0.006, 78.99]	[0.000, 2350]	[0.000, 2350]	[0.000, 2350]
DCPS	0.998	0.998	0.998	0.483	0.482	0.482	0.303	0.303	0.303	0.465	0.465	0.465	0.998	0.998	0.998
DCPS	[0.000, 2997]	[0.000, 2996]	[0.000, 2997]	[0.007, 67.21]	[0.007, 67.20]	[0.007, 67.21]	[0.008, 36.36]	[0.008, 36.36]	[0.008, 36.36]	[0.007, 63.71]	[0.007, 63.70]	[0.007, 63.70]	[0.000, 2997]	[0.000, 2996]	[0.000, 2997]
HHI	0.998	0.998	0.998	0.949	0.948	0.949	0.926	0.927	0.927	0.463	0.462	0.463	0.998	0.998	0.998
HHI	[0.000, 2625]	[0.000, 2623]	[0.000, 2625]	[0.002, 415.6]	[0.002, 414.6]	[0.002, 415.7]	[0.003, 339.47]	[0.003, 339.22]	[0.003, 339.69]	[0.007, 63.16]	[0.007, 63.16]	[0.007, 63.16]	[0.000, 2625]	[0.000, 2623]	[0.000, 2625]
Obs.	11,892	11,892	11,892	5,548	5,548	5,548	1,586	1,586	1,586	1,586	1,586	1,586	3,965	3,965	3,965

Note(s): Bayesian regression estimates of determinants of profitability by US banks are defined in Table 5

We used to follow three financial crisis period: before crisis (2000–2006), during crisis (2007–2009), after crisis (2010–2012), and DFA (2010–2014)

Source(s): Composed by authors. Proceed data. 2024

[ViewLarge]