53third bank

53third bank

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This result aligns with our univariate analysis see Table 2 , which shows a slightly higher efficiency level in the group of CBs. American City Business Journals. Suncoast SunMobile. The level of efficiency and market competition is positively related to bank performance. The results reported in Models 1 and 2 show that efficiency plays a significant role in explaining profitability level for banks operating in markets with a high and medium level of competition.