<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>1870-6622</journal-id>
<journal-title><![CDATA[EconoQuantum]]></journal-title>
<abbrev-journal-title><![CDATA[EconoQuantum]]></abbrev-journal-title>
<issn>1870-6622</issn>
<publisher>
<publisher-name><![CDATA[Universidad de Guadalajara]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S1870-66222015000100097</article-id>
<title-group>
<article-title xml:lang="en"><![CDATA[Determinants of Commercial Bank Profitability in Mexico]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Chavarín Rodríguez]]></surname>
<given-names><![CDATA[Rubén]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad de Guadalajara INESER CUCEA]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Mexico</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2015</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2015</year>
</pub-date>
<volume>12</volume>
<numero>1</numero>
<fpage>97</fpage>
<lpage>123</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_arttext&amp;pid=S1870-66222015000100097&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_abstract&amp;pid=S1870-66222015000100097&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.mx/scielo.php?script=sci_pdf&amp;pid=S1870-66222015000100097&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract The aim of the present work is to identify the main determinants of profitability for commercial banks established in Mexico. A database of 45 banks representing virtually the whole world of commercial banking in the period 2007-2013 was used. Dynamic models using Arellano-Bover/Blundell-Bond estimators with an error that follows an MA(1) process were employed along with static models having random effects and Hausman-Taylor estimator. Findings suggest that the profitability of commercial banking is sustained by the level of capital, the charging of commissions and fees, and control of operating expenses, as well as certain market entry barriers and obstacles to competition that provoke a relatively high persistence of profitability.]]></p></abstract>
<abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen El objetivo del presente trabajo es identificar los principales determinantes de la rentabilidad de la banca comercial establecida en México. Se ha utilizado una base de datos de 45 bancos que representan prácticamente todo el universo de la banca comercial en el periodo 2007-2013. Se estimaron modelos dinámicos mediante estimadores Arellano-Bover/Blundell-Bond con un error que sigue un proceso MA(1), así como modelos estáticos con efectos aleatorios y estimadores Hausman-Taylor. Los resultados sugieren que la rentabilidad de la banca comercial está sustentada por el nivel de capital, el cobro de comisiones y tarifas, y el control en los gastos de operación, así como por ciertas barreras a la entrada al mercado e impedimentos a la competencia que provocan una persistencia relativamente alta en la rentabilidad.]]></p></abstract>
<kwd-group>
<kwd lng="en"><![CDATA[Bank profitability]]></kwd>
<kwd lng="en"><![CDATA[Dynamic panel-data]]></kwd>
<kwd lng="en"><![CDATA[Latin America]]></kwd>
<kwd lng="es"><![CDATA[Rentabilidad bancaria]]></kwd>
<kwd lng="es"><![CDATA[Panel dinámico]]></kwd>
<kwd lng="es"><![CDATA[Latinoamérica]]></kwd>
</kwd-group>
</article-meta>
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