Impact Of Capital Structure On The Profitability Of Banks (A Study Of Selected Deposit Money Banks):- Ukaumunna Nkwachukwu
ABSTRACT
This study examined the impact
ofcapitalstructure on the profitability ofselected deposit money banks listed
in the Nigerian stock exchange. The data for this study is secondary in nature
and sourcedfrom annual reports ofthe selected bank within the period ofthis
study (2010 to 2017) and the ordinary least square technique was employed as
the analytical tool. The findings showed that out offive selected banks only
zenith bank indicated debt-to-equity ratio on return on equity as positive and
significant while other fourshowed negative and insignificant on return on
equity. The study concludes based on the two hypotheses tested that debt-to~equity
ratio and debt ratio have no significant impact on return on equity ofthe
banks. In line with the above findings and conclusion the study recommends that
the policy measures should be in place to ensure that borrowedfunds are
actually channeled into productive purposes as economic policies of lending
indicates and equally recommends that bank managers and their cohorts be made
to accountfor monies borrowed without going through due process, and therefore
individuals or group ofindividuals that get involved infunds misappropriation
should be checkedwith offendersseriously sanctioned in order to serve as
deterrent.
0.0
UKAUMUNNA, N (2026). Impact Of Capital Structure On The Profitability Of Banks (A Study Of Selected Deposit Money Banks):- Ukaumunna Nkwachukwu. Repository.mouau.edu.ng: Retrieved Feb 10, 2026, from https://repository.mouau.edu.ng/work/view/impact-of-capital-structure-on-the-profitability-of-banks-a-study-of-selected-deposit-money-banks-ukaumunna-nkwachukwu-7-2
NKWACHUKWU, UKAUMUNNA. "Impact Of Capital Structure On The Profitability Of Banks (A Study Of Selected Deposit Money Banks):- Ukaumunna Nkwachukwu" Repository.mouau.edu.ng. Repository.mouau.edu.ng, 10 Feb. 2026, https://repository.mouau.edu.ng/work/view/impact-of-capital-structure-on-the-profitability-of-banks-a-study-of-selected-deposit-money-banks-ukaumunna-nkwachukwu-7-2. Accessed 10 Feb. 2026.
NKWACHUKWU, UKAUMUNNA. "Impact Of Capital Structure On The Profitability Of Banks (A Study Of Selected Deposit Money Banks):- Ukaumunna Nkwachukwu". Repository.mouau.edu.ng, Repository.mouau.edu.ng, 10 Feb. 2026. Web. 10 Feb. 2026. < https://repository.mouau.edu.ng/work/view/impact-of-capital-structure-on-the-profitability-of-banks-a-study-of-selected-deposit-money-banks-ukaumunna-nkwachukwu-7-2 >.
NKWACHUKWU, UKAUMUNNA. "Impact Of Capital Structure On The Profitability Of Banks (A Study Of Selected Deposit Money Banks):- Ukaumunna Nkwachukwu" Repository.mouau.edu.ng (2026). Accessed 10 Feb. 2026. https://repository.mouau.edu.ng/work/view/impact-of-capital-structure-on-the-profitability-of-banks-a-study-of-selected-deposit-money-banks-ukaumunna-nkwachukwu-7-2