For US credit unions, revenue from non-interest sources has increased significantly in recent
years. We investigate the impact of revenue diversification on financial performance for the …

Potential diversification benefits are one reason why US financial holding companies are
offering a growing range of financial services. This paper examines whether the observed …

This paper assesses potential diversification benefits in the US banking industry from the
steady shift toward activities that generate fee income, trading revenue, and other types of …

Using annual data from Italian banks, we study the link between non-interest revenues and
profitability. We find that income diversification increases risk-adjusted returns. Our results …

Australian credit unions (CUs) have introduced new fee generating activities, increased
transaction fees on existing products, and diversified into residential mortgages. Using …

This paper assesses the potential diversification benefits of the increasing reliance on
nontraditional business activities based on data from the Chinese banking industry in 1986 …

Using bank accounting data for 22 countries in Asia over the period 1995–2009, this article
applies the dynamic panel generalized method of moments technique to investigate the …

This paper investigates whether functional diversification is value-enhancing or value-
destroying in the financial services sector, broadly defined. Based on a US dataset …

This paper empirically examines the effect of banks' revenue diversification across different
activities on the stock-based return and risk measures using data on the Japanese banking …

This paper contributes to the existing literature by investigating the impact of revenue
diversification on bank performance through a broad array of financial reforms, including …