Abstract

The recent COVID-19 pandemic, which had a significant impact on businesses in 2020 and 2021, highlighted the issue of analyzing the financial performance of banks in times of crisis. Practical experience has shown that banks with higher resilience perform better in different crises. This paper studies different banking business models and examines their resilience. In this way, by analyzing the banks' resilience variables, their situation for different types of banking business models is examined. Resilience in banks will be considered through the control of risky assets and deposits, leverage rate, capital adequacy, liquidity coverage ratio, net stable funding ratio, and diversification. Through examining the data of 33 Iranian banks and analyzing their different business models in a soft clustering method, it was found that the resilience of merchandise-oriented banks has been more than the others. Detailed analysis revealed that reducing the investment and increasing the variety of loans would reduce the systemic risk of the pandemic and its effect on other banks leading to an increase in resilience.