Di Vito, Luca; Fuentes, Natalia; Leite, Joao Matos - 2023
(EA) banks have remained, on average, persistently below those reported by peer banks in the United States (US). In … particular, banks' return on equity (ROE) has fluctuated around 5% in the EA, but around 10% in the US, indicating a … profitability gap of around 5 percentage points.1 However, while comparisons are frequently made between EA and US banks in academic …