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Table 7 Ownership of city commercial bank

From: Does the target market affect bank performance? Evidence from the geographic diversification of city commercial banks in China

Dependent variable State-owned Non-state-owned
(1) ROA (2) ROE (3) NPL ratio (4) Cost (5) Market share (6) ROA (7) ROE (8) NPL ratio (9) Cost (10) Market share
1–HHI − 0.003 (0.003) − 0.059 (0.045) 2.635b (1.087) 0.007 (0.005) 0.383c (0.110) − 0.006b (0.002) − 0.060a (0.034) 2.831c (0.955) 0.012b (0.004) 0.428c (0.115)
Loan ratio 0.015c (0.001) 0.027b (0.013) 0.208 (0.315) 0.031c (0.002) 0.130a (0.068) 0.006 (0.006) −0.024 (0.076) 2.581 (1.609) 0.031c (0.009) 0.567a (0.281)
Asset ratio −0.093 (0.060) −1.434 (0.876) − 19.731 (18.082) − 0.127 (0.085) −1.130 (2.053) − 0.144c (0.028) −3.313c (0.326) − 14.832a (8.733) − 0.036 (0.047) − 2.632b (1.186)
Capital 0.008b (0.004) − 0.220c (0.036) − 0.131 (0.821) 0.013a (0.007) − 0.156 (0.116) − 0.001 (0.009) − 0.910c (0.150) −5.499a (2.792) − 0.005 (0.015) − 1.198c (0.300)
Asset quality 0.024 (0.038) −2.114b (0.978) −3.382 (10.118) − 0.006 (0.064) 1.527a (0.904) 0.083c (0.022) 0.241 (0.321) 3.451 (12.013) 0.051 (0.041) 1.014 (0.848)
GDP −0.469 (0.426) −9.132 (6.666) − 153.524 (242.428) − 0.793 (1.055) −91.503b (35.007) 0.080 (0.209) 7.948c (2.783) − 299.673c (97.029) − 0.133 (0.328) −54.625a (28.066)
Age 0.001c (0.001) 0.003 (0.002) −0.602c (0.064) − 0.002c (0.000) 0.054c (0.005) − 0.015c (0.003) − 0.366c (0.035) −1.673a (0.979) − 0.005 (0.005) 0.252 (0.248)
Size 0.006 (0.006) 0.139a (0.072) 1.982 (1.476) 0.022b (0.008) 1.358c (0.295) −0.001 (0.002) −0.065a (0.033) 0.880 (0.749) 0.007a (0.003) 1.248b (0.580)
Constant −0.004c (0.001) 0.088c (0.014) 10.271c (0.468) 0.027c (0.003) −0.500c (0.054) 0.225c (0.045) 5.613c (0.532) 24.983a (14.302) 0.069 (0.075) −3.357 (3.744)
Year fixed effects 489 489 489 489 489 319 319 319 319 319
Bank fixed effects 0.738 0.568 0.504 0.633 0.975 0.694 0.714 0.453 0.691 0.968
N Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
R2 Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
  1. Notes. Standard errors are robust and reported in parentheses. a, b, and c indicate significance at 10%, 5%, and 1% levels, respectively. Robust standard errors in parentheses