Cost and profit efficiency of listed South African banks pre and post the financial crisis

The results indicate that there has been no significant statistical significant change in CIR in the period before, during and after the financial crisis. A different result is observed for profit efficiency as measured by ROAA as a significant statistical change is observed over the three periods. Furthermore, it was found that CIR is a better determiner of company performance as measured by total assets. It was also established that a strong relationship existed between ROAA and business cycles rather than CIR and business cycles. The ownership structure was found not to have a significant relationship with the bank's performance.