An Empirical Analysis Of Bank’s Specific And Macroeconomic Factors Affecting On Profitability Of Banks In Sri Lanka

Key Points

• Profitability is significantly influenced by macroeconomic factors and bank-specific factors.
• Positive correlations between macroeconomic conditions and bank performance metrics were observed.
• Analysis involved evaluating financial data from various banks across Sri Lanka.
• Main findings suggest that improved economic conditions may enhance bank profitability.