Post M&A Accounting Performance of Romanian Banks

Journal of Eastern Europe Research in Business & Economics, IBIMA Publishing, 2012

16 Pages Posted: 30 Sep 2012

See all articles by Maria Carmen Huian

Maria Carmen Huian

Alexandru Ioan Cuza University of Iasi, Romania

Date Written: September 1, 2012

Abstract

The purpose of this paper is to assess the financial performance of Romanian banks involved in M&A activities, as target banks, over a period of 10 years (1998-2008). Performance is analyzed in terms of profitability by using traditional accounting measures: ROE, ROA and NIM. Post-M&A performance for a 3-year period is compared with the aggregate ratios from all Romanian banks. The findings are mixed. On one hand, bank M&A in Romania does not result in improved ROE or ROA in the post M&A 3-year period under review. On the other hand, merged banks report media NIM above industry.

Keywords: mergers and acquisitions, performance, profitability, ROE, NIM

JEL Classification: G21, G34, M40

Suggested Citation

Huian, Carmen, Post M&A Accounting Performance of Romanian Banks (September 1, 2012). Journal of Eastern Europe Research in Business & Economics, IBIMA Publishing, 2012. Available at SSRN: https://ssrn.com/abstract=2154445

Carmen Huian (Contact Author)

Alexandru Ioan Cuza University of Iasi, Romania ( email )

Carol I Blvd, Nr.11
Lasi, 700506
Romania

Register to save articles to
your library

Register

Paper statistics

Downloads
116
Abstract Views
1,141
rank
237,468
PlumX Metrics