From: Scale effects on efficiency and profitability in the Swiss banking sector
(1) | (2) | (3) | (4) | (5) | (6) | (7) | |
---|---|---|---|---|---|---|---|
Log(Total Assets) | 0.026*** | 0.006 | 0.048*** | 0.036*** | 0.026*** | 0.007 | 0.042*** |
(0.007) | (0.009) | (0.007) | (0.011) | (0.007) | (0.008) | (0.008) | |
Deposits/Assets (%) | 0.000 | 0.001 | 0.001 | 0.000 | |||
(0.002) | (0.001) | (0.001) | (0.001) | ||||
Mortgages/Assets (%) | \(-\)0.006** | \(-\)0.001 | 0.001 | \(-\)0.003* | |||
(0.002) | (0.002) | (0.002) | (0.002) | ||||
Trading/Assets (%) | \(-\)0.007 | \(-\)0.021*** | \(-\)0.016 | \(-\)0.034*** | |||
(0.008) | (0.007) | (0.010) | (0.008) | ||||
Net Int. Inc./Op. Inc. (%) | \(-\)0.005*** | \(-\)0.004*** | \(-\)0.005*** | 0.001 | |||
(0.002) | (0.001) | (0.002) | (0.001) | ||||
Commission Inc./Op. Inc. (%) | 0.003* | 0.003** | 0.003* | 0.006*** | |||
(0.002) | (0.001) | (0.002) | (0.002) | ||||
Trading Inc./Op. Inc. (%) | \(-\)0.003 | \(-\)0.001 | \(-\)0.003 | 0.005 | |||
(0.004) | (0.003) | (0.003) | (0.004) | ||||
Capital/Assets (%) | 0.045*** | 0.038*** | 0.038*** | 0.033*** | |||
(0.008) | (0.005) | (0.006) | (0.005) | ||||
RWA/Assets (%) | \(-\)0.001 | \(-\)0.004** | \(-\)0.003 | \(-\)0.003** | |||
(0.002) | (0.002) | (0.002) | (0.001) | ||||
Domestic/Total Assets (%) | \(-\)0.017*** | 0.001 | |||||
(0.006) | (0.004) | ||||||
HHI of Mtg Holdings (/1000) | 0.015** | 0.007 | |||||
(0.006) | (0.006) | ||||||
Avg. Local HHI (/1000) | 0.057*** | 0.041** | |||||
(0.016) | (0.016) | ||||||
Year FE? | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Bank FE? | No | No | No | No | No | No | No |
Years | All | All | All | All | All | 1997–2006 | 2010–2019 |
Nr. banks | 148 | 148 | 139 | 111 | 139 | 137 | 96 |
N | 2386 | 2386 | 2242 | 1607 | 2242 | 1064 | 880 |
Mean(dep. var.) | 0.37 | 0.37 | 0.37 | 0.37 | 0.37 | 0.38 | 0.34 |
SD(dep. var.) | 0.18 | 0.18 | 0.19 | 0.19 | 0.19 | 0.18 | 0.17 |
Adj. R2 | 0.21 | 0.28 | 0.36 | 0.34 | 0.44 | 0.36 | 0.61 |
Adj. R2 (within) | 0.18 | 0.26 | 0.33 | 0.31 | 0.42 | 0.34 | 0.61 |