Synapse
⌘+K
Synapse
PulseExploreClubsResearchersJournals
Instagram
HomeClubsExplore
February 21, 2026Journal of risk and financial managementOpen Access

A Panel Study on the Determinants of Profitability of Bulgarian Commercial Banks

View Full Paper
Ask AI
Bookmark
Share

Authors

PPPetar PeshevUniversity of National and World Economy

Discussion

Loading...

Member takes

Implication

Panel study analyzes profitability determinants in Bulgarian banks, suggesting efficient policy measures.

Key Points

  • This research aims to identify factors influencing the profitability of Bulgarian commercial banks from 2007 to 2025.
  • Utilized financial statement data from 21 Bulgarian commercial banks.
  • Measured bank profitability using return on assets (ROA) and return on equity (ROE).
  • Employed a panel autoregressive distributed lag (PMG-ARDL) framework for modeling.
  • Included both bank-specific and macroeconomic variables in the analysis.
  • Net interest margin (NIM) and net fee and commission margin (NFM) positively influence profitability.
  • Higher GDP growth and loan-to-deposit ratio (LDR) contribute positively to bank profitability.
  • Higher unemployment and rising housing prices negatively affect profitability.
  • Increased loan loss impairments diminish bank profitability.

Cite This Study

Petar Peshev (2026) studied this question.

synapsesocial.com/papers/69994bef873532290d01fff5https://doi.org/10.3390/jrfm19020156
View Full Paper
Ask AI
Bookmark
Share

Also Consider

Synapse has enriched 2 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1Estimation of Nonstationary Heterogeneous Panels2007 · 824 citations
  2. 2Banks’ Profitability in Selected Central and Eastern European Countries2014 · 131 citations