Table 4 Correlation analysis results
From: Factors influencing commercial bank profitability in Bangladesh: a panel data approach
| Â | ROA | CAR | DEP | AQ | BRNCH | AM |
|---|---|---|---|---|---|---|
Bank-related factors | Â | Â | Â | Â | Â | Â |
ROA | 1 | 0.237 | − 0.224 | − 0.026 | − 0.503 | 0.029 |
CAD | 0.237 | 1 | − 0.055 | 0.24624611 | − 0.619 | − 0.659 |
DEP | − 0.224 | − 0.055 | 1 | 0.459 | 0.128 | − 0.007 |
AQ | − 0.026 | 0.246 | 0.459 | 1 | − 0.353 | − 0.010 |
BRNCH | − 0.503 | − 0.619 | 0.128 | − 0.353 | 1 | 0.4010 |
AM | 0.028 | − 0.659 | − 0.007 | − 0.010 | 0.401 | 1 |
Multicollinearity test | Â | Â | Â | Â | Â | Â |
VIF | Â | 2.426639 | 1.463588 | 1.651748 | 1.911063 | 1.80731 |
Coefficient variance | Â | 0.000171 | 0.007412 | 0.010646 | 0.000056 | 0.00075 |
| Â | ROA | GDP | INF | EXRTE | ST |
|---|---|---|---|---|---|
Macroeconomic factors | Â | Â | Â | Â | Â |
ROA | 1 | − 0.051 | 0.303 | − 0.405 | 0.115 |
GDP | − 0.0513 | 1 | − 0.230 | 0.067 | 0.724 |
INF | 0.303 | − 0.230 | 1 | − 0.605 | 0.083 |
EXRTE | − 0.405 | 0.067 | − 0.605 | 1 | − 0.407 |
ST | 0.115 | 0.724 | 0.083 | − 0.407 | 1 |
Multicollinearity test | Â | Â | Â | Â | Â |
VIF | Â | 3.160116 | 1.676788 | 2.444987 | 3.744911 |
Coefficient variance | Â | 0.000225 | 0.005612 | 0.000815 | 0.000198 |