"أثر الربحية والسيولة في سعر السهم السوقي للمصارف التجارية التقليدية الخاصة السورية"

Abstract

This study aimed to study the impact of profitability and liquidity on the market Stock price of the Syrian private traditional commercial banks and their relationship with them. The needed data was collected from the financial statements, and official statistics of the banks under study, which are eleven banks that represented the study sample during the period (2011-2023). For the purposes of analysis, the Pearson correlation coefficient and the simple linear regression model were used to study the relationship between profitability and liquidity with the market stock price and their impact on it.

The results of the study showed that, there is a weak statistically significant positive correlation between the profitability ratio (return on assets, return on equity) and market stock price in Syrian private traditional commercial banks, and there is a weak statistically significant positive correlation between the liquidity ratios (total liquid assets/total deposits, total liquid assets/total assets) and market stock price in Syrian private traditional commercial banks, while the study results showed that, there is no statistically significant correlation between liquidity ratio (total liquid and semi-liquid assets/total deposits) and market stock price in Syrian private traditional commercial banks.

The study recommended the need of harmonizing and balancing liquidity and profitability ratios, Achieving the maximum possible profit while maintaining an adequate amount of liquidity, given their important role in attracting invetors to invest in bank shares and raising the market stock price, and the research also recommended benefiting from the models reached by the study and developing them into more advanced models by relying on data for longer periods of time.