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Driving Stability and Returns: An Empirical Analysis of Financial Soundness and Profitability in Nigeria’s Listed Commercial Banks

This study investigates the impact of financial soundness on the profitability of listed commercial banks in Nigeria, with a focus on the determinants of return on assets (ROA).Specifically, the influence of capital adequacy ratio (CAR), operational efficiency (OPE), and non-performing loan ratio (NPLR) on bank profitability was assessed.Additionally, the moderating effect of OPE on the relationship between capital adequacy and ROA was examined.An ex-post facto research design was adopted, utilising secondary data spanning a ten-year period from 2014 to 2023.Data were extracted from the annual…

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