The paper investigates the extent to which stocks of commercial banks listed on Nigeria Stock Exchange (NSE) are positioned on the selected profitability performance indices over the period 2000-2010. The profitability performance was determined using return on assets, return on equity, earnings...

This paper addresses a very important topic in corporate finance that is not well treated in many developing stock markets with particular reference to Nigeria. Beta is a major component of the capital Asset Pricing Model (CAPM) used in the determination of the required rate of return on equity...