The aim of this paper is to determine what is the effect of competition on cyclicality of bank profitability. To answer … profitability. Our results show that decreased competition is related with an increase in procyclicality of net interest margin … procyclicality of profitability is non-linear and inversely U-shaped. Thus, both high and low competition intensity may reduce …

2010 to the last quarter of 2019. In order to investigate this relationship, determinants of bank profitability are split … Montenegro does not give enough argument to support such explanation, and bank profitability can be explained by bank efficiency …This study investigates the relationship between profitability and market power in the banking sector using data from …