Product mix and earnings volatility at commercial banks: evidence from a degree of leverage model

By Robert DeYoung, K. Roland. 2001

844 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/e37a7e20837235c481ea3fd00bace2d2bd9c6567

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Citations in the corpus

Interest rate risk and bank equity valuations (2012, background): “See, for example, DeYoung and Roland [2001] and Stiroh [2004].”
Foreign bank diversification and efficiency prior to and during the financial crisis: Does one business model fit all? (2015, background): “For the U.S. banking sector, several authors provide evidence that there are no significant benefits for earnings or earnings volatility (risk) (e.g., DeYoung and Roland, 2001; Stiroh, 2004; Stiroh and Rumble, 2006).”
Which Banks Are More Risky? The Impact of Business Models on Bank Stability (2015, background): “First, we include in our sample a large number of unlisted 1 Many studies focus on US banks (see, for example, DeYoung and Roland, 2001; DeYoung and Rice, 2004; Goddard et al., 2008 and several papers by Stiroh, 2004a,b; Stiroh and Rumble, 2006).”
Bank Activity and Funding Strategies: The Impact on Risk and Return (2009, background): “6 See also DeYoung and Roland (2001), Geyfman (2005), Gayle (2001), Kwast (1989), Rosen et al. (1989), and Templeton and Severiens (1992). period and finds that only mergers of banks that are similar in activity and geographical location create value.”
Is Bank Income Diversification Beneficial? Evidence from an Emerging Economy (2013, background): “According to the literature, such banks are in a better position to manage operating leverage associated with shifts towards activities generating non-interest income because of economies of scale and their capability to intensively invest in information technology (DeYoung and Roland, 2001).”
New Evidence on the Determinants of Bank Risk (2006, background): “ DeYoung and Roland (2001) argue that this volatility reflects the low switching cost of fee-based activities compared to relationship lending, higher operating leverage due to greater reliance on fixed inputs like labor, and higher financial leverage due to low capital requirements.”
Ownership, bank size, capitalization and bank performance: Evidence from India (2020, background): “Some studies have highlighted the negative relationship of revenue diversification with bank profitability (A. Berger et al., 2000; DeYoung & Roland, 2001; Stiroh, 2004).”
The Impact of Off-Balance-Sheet Activities on Banks Returns: An Application of the ARCH-M to Canadian Data (2010, background): “By increasing the operating leverage, this effect magnifies the volatility of profits growth (DeYoung and Roland 2001).”
Intra- and extra-bank determinants of Latin American Banks' profitability (2016, background): “For instance, Mercieca, Schaeck, and Wolfe (2007), Wall and Eisenbeis (1984), DeYoung and Roland (2001), Berger, Hasan, and Zhou (2010), Demirgüç-Kunt et al. (2004), among others, find that banks do not benefit from diversification.”