O desempenho econômico e financeiro dos bancos brasileiros e norte americanos diante das crises subprime e covid-19

Abstract

The Subprime Crisis considerably affected the operational activities of entities in hundreds of countries. The health crisis arising from the COVID-19 pandemic, in turn, was a unique event, whose consequences on the economic-financial performance of entities have not yet been fully understood. Therefore, the objective of this research is to point out the reflexes of the Subprime and COVID-19 crises on the economic and financial performance of companies in the banking sector listed on the US and Brazilian stock exchanges. For this purpose, a descriptive and quantitative research was carried out, using means tests for paired samples, between the Pre-Crisis and Crisis periods, with 160 companies from both countries. Among the main findings, it was noted that, during the Subprime crisis and COVID-19 in Brazil, market indicators and ROA were reduced and indebtedness was high. Considering the USA, only the hypotheses related to ROA, ROE and Indebtedness were confirmed, in both periods, while no effects were identified in the conditionals related to market indicators. In the short term, the robustness tests indicated that the US market variables were significantly affected by the crises, which may indicate that, contrary to what happened in the Brazilian scenario, there was a reestablishment of US entities in the long term. Therefore, the results shown are timely to elucidate the dynamics of the economy and these institutions for investors, public authorities and academia, and thus mitigate the risk.