Bank return on equity (%, before tax)
Commercial banks’ pre-tax income to yearly averaged equity. Raw data are from Bankscope and Orbis. The formula applied to Bankscope is data10270[t] / ((data2055[t] + data2055[t-1])/2) and a comparable approach is applied to Orbis. Numerator and denominator are first aggregated on the country level before division. Note that banks used in the calculation might differ between indicators. Calculated from underlying bank-by-bank unconsolidated data from Bankscope and Orbis. The result is not reported if a country-year has less than 3 bank-level observations.
Commercial banks’ pre-tax income to yearly averaged equity.