EFFECT OF CAPITAL ADEQUACY AND LIQUIDITY MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA

The financial performance of banks is crucial for economic stability, yet listed deposit money banks in Nigeria continue to face challenges in maintaining optimal capital adequacy and liquidity management. This study examines the effect of capital adequacy and liquidity management on the financial...

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Main Author: Joseph Olorunfemi Akande
Format: Article
Language:English
Published: Department of Accounting and Finance, Federal University Gusau 2025-04-01
Series:Gusau Journal of Accounting and Finance
Subjects:
Online Access:https://journals.gujaf.com.ng/index.php/gujaf/article/view/371
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author Joseph Olorunfemi Akande
author_facet Joseph Olorunfemi Akande
author_sort Joseph Olorunfemi Akande
collection DOAJ
description The financial performance of banks is crucial for economic stability, yet listed deposit money banks in Nigeria continue to face challenges in maintaining optimal capital adequacy and liquidity management. This study examines the effect of capital adequacy and liquidity management on the financial performance of listed deposit money banks in Nigeria, measured by Return on Equity (ROE). Using a correlational research design, secondary data were extracted from the financial statements of 10 listed deposit money banks on the Nigerian Exchange Group (NGX) from 2014 to 2023. A census sampling approach was employed to ensure comprehensive analysis. Data were sourced from audited financial reports, the Central Bank of Nigeria (CBN) Banking Supervision Reports, and other regulatory publications. The study employed panel data methodology and multiple regression analysis to evaluate the impact of capital adequacy and liquidity management on ROE. The findings revealed that both capital adequacy and liquidity management have a significant positive effect on financial performance, with liquidity management exhibiting a stronger influence. This suggests that banks with well-structured capital reserves and effective liquidity strategies achieve higher profitability and resilience. The study concludes that optimal capital adequacy and liquidity management are essential for sustaining financial performance and stability in the Nigerian banking sector. The study recommends among others that banks should enhance human capital development through periodic financial training for employees and clients, ensuring better financial decision-making and improved liquidity management practices.
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institution Kabale University
issn 2756-665X
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spelling doaj-art-52b46585fef44c9091dd4b01ddcea81e2025-08-23T05:06:46ZengDepartment of Accounting and Finance, Federal University GusauGusau Journal of Accounting and Finance2756-665X2756-68972025-04-016110.57233/gujaf.v6i1.08EFFECT OF CAPITAL ADEQUACY AND LIQUIDITY MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIAJoseph Olorunfemi Akande0Department of Accounting Science, Walter Sisulu University, Mthatha, South Africa The financial performance of banks is crucial for economic stability, yet listed deposit money banks in Nigeria continue to face challenges in maintaining optimal capital adequacy and liquidity management. This study examines the effect of capital adequacy and liquidity management on the financial performance of listed deposit money banks in Nigeria, measured by Return on Equity (ROE). Using a correlational research design, secondary data were extracted from the financial statements of 10 listed deposit money banks on the Nigerian Exchange Group (NGX) from 2014 to 2023. A census sampling approach was employed to ensure comprehensive analysis. Data were sourced from audited financial reports, the Central Bank of Nigeria (CBN) Banking Supervision Reports, and other regulatory publications. The study employed panel data methodology and multiple regression analysis to evaluate the impact of capital adequacy and liquidity management on ROE. The findings revealed that both capital adequacy and liquidity management have a significant positive effect on financial performance, with liquidity management exhibiting a stronger influence. This suggests that banks with well-structured capital reserves and effective liquidity strategies achieve higher profitability and resilience. The study concludes that optimal capital adequacy and liquidity management are essential for sustaining financial performance and stability in the Nigerian banking sector. The study recommends among others that banks should enhance human capital development through periodic financial training for employees and clients, ensuring better financial decision-making and improved liquidity management practices. https://journals.gujaf.com.ng/index.php/gujaf/article/view/371Capital adequacyliquidity managementfinancial performance
spellingShingle Joseph Olorunfemi Akande
EFFECT OF CAPITAL ADEQUACY AND LIQUIDITY MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
Gusau Journal of Accounting and Finance
Capital adequacy
liquidity management
financial performance
title EFFECT OF CAPITAL ADEQUACY AND LIQUIDITY MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
title_full EFFECT OF CAPITAL ADEQUACY AND LIQUIDITY MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
title_fullStr EFFECT OF CAPITAL ADEQUACY AND LIQUIDITY MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
title_full_unstemmed EFFECT OF CAPITAL ADEQUACY AND LIQUIDITY MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
title_short EFFECT OF CAPITAL ADEQUACY AND LIQUIDITY MANAGEMENT ON FINANCIAL PERFORMANCE OF LISTED DEPOSIT MONEY BANKS IN NIGERIA
title_sort effect of capital adequacy and liquidity management on financial performance of listed deposit money banks in nigeria
topic Capital adequacy
liquidity management
financial performance
url https://journals.gujaf.com.ng/index.php/gujaf/article/view/371
work_keys_str_mv AT josepholorunfemiakande effectofcapitaladequacyandliquiditymanagementonfinancialperformanceoflisteddepositmoneybanksinnigeria