… the relation between bank profitability and economic activity… bank profit with economic
activity during deep recessions, we find a much larger impact of output growth on bank profitability …

… to fall in bank profitability during and after the crisis. Consequently, this study anticipates a
positive relationship between growth in GDP and bank profitability before, during, and after …

… This paper contributes to the existing literature on bank crisis and bank profitability by
shedding light on “profitability shock” (ie a sudden and … Bank profitability during recessions …

… especially significant in explaining the high bank profitability. The economic conditions of a
… margins during recessions. Also, the loan markets may be less contestable during recessions…

… economic recession hit more traditional banks specialising in … If the first shock had a one-off
impact on bank profitability, the … activities on bank profitability, especially during recessions. …

… Another likely scenario is that, since traditional intermediation activity is less profitable
during periods of high inflation that penalize lenders, banks reorient their activities to earn more …

… the relationship between recessions and profit before taxation … was that the recessions
have a relation to the profitability of … recession or expansion, and it declines during recession. …

… determinants of bank profitability have attracted … during periods of crisis, cost income ratio,
our measure of operational efficiency is negatively and significantly related to bank profitability…

… beta for each individual bank during the crisis period. Obviously this would reduce our original
sample to only those banks which are listed and actively traded during our period of study …

… on the profitability of 50 large European banks, measured by … (NIM) and Profit Before Tax
(PBT), during the period 2009-2015. … For example, during recessionary economic conditions the …