A Portfolio View of Banking with Interest and Noninterest Activities

By Kevin J. Stiroh. 2006

345 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/5d5a46cb35dc7322a8441f352aa4fa6cb808dc5b

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

In Finance

Citations in the corpus

Does the Stock Market Value Bank Diversification (2007, background): “This observation differs from the one reported by Stiroh (2006) for the US and Laeven and Levine (2006) for a set of 43 developed markets.”
The effect of capital ratios on the risk, efficiency and profitability of banks: Evidence from OECD countries (2017, neutral): “Their findings are similar to those of Stiroh (2004, 2006), who finds that a reliance on non-interest income does not increase bank profits.”
The Impact of Off-Balance-Sheet Activities on Banks Returns: An Application of the ARCH-M to Canadian Data (2010, methodology): “Following Stiroh (2006b), we decompose the net operating revenue growth with a portfolio approach in order to analyze its volatility with two components: the volatility of net interest income growth and the volatility of noninterest income growth.”
Can Banks in Emerging Economies Benefit from Revenue Diversification? (2011, neutral): “The implication of this phenomenon for banks is as follows: first, banks exploiting non-interest income sources for a relatively longer period will only obtain very marginal benefits from further diversification, which may well increase bank risk (Acharya et al. 2006; Stiroh 2006a, b). Second, ban”
The effect of revenue diversification on bank profitability and risk during the COVID-19 pandemic (2021, methodology): “To address this issue, Stiroh (2006) uses a portfolio framework to investigate the effect of increased noninterest income on equity market risk and return measures for U.S. bank holding companies.”
Risk in Islamic Banking (2012, background): “DeYoung and Roland (2001) and Stiroh (2004, 2006, 2010), for instance, claim that the increased reliance on non-interest income has raised the volatility of bank portfolios without increasing average profits.”
Back to the Basics in Banking? A Micro-Analysis of Banking System Stability (2009, neutral): “Recent studies also analyze whether functional diversi cation reduces bank risk by investigating functional diversi cation from a portfolio perspective (see e.g. Baele, De Jonghe and Vander Vennet, 2007; Stiroh, 2006).”
Bank Size, Market Concentration, and Bank Earnings Volatility in the US (2012, neutral): “Finally, Stiroh (2006b) shows that activities that generate non-interest income make returns more volatile.”
The diversification and financial performance of US credit unions. (2008, background): “…performance (Gallo et al., 1996; DeYoung and Rice, 2004a,b,c; Stiroh, 2004a,b; Calmes and Liu, 2005; Landskroner et al., 2005; Acharya et al., 2006; Stiroh, 2006; Stiroh and Rumble, 2006; Carbo-Valverde and Fernandez, 2007; Laeven and Levine, 2007; Lepetit et al., 2007; Mercieca et al.,…”
Banks’ Noninterest Income and Systemic Risk (2020, background): “On the one hand, Demsetz and Strahan (1997), Stiroh (2004, 2006), Fraser, Madura, and Weigand (2002), and Stiroh and Rumble (2006) find that noninterest income is associated with more volatile bank returns.”