Financial Leverage And Profitability Of Banks. A Case Study Of Equity Bank Uganda Limited

ABSTRACT The purpose of this study was to investigate the effect of financial leverage on profitability of Equity Bank Uganda Limited. The study was based on the following 3 objectives; (i) to examine the effect of debt ratio on profitability of Equity Bank Uganda Limited; (ii) to determine whether debt-equity ratio have any effect on profitability of Equity Bank Uganda Limited; and (iii) to establish if there is any effect of interest coverage ratio on profitability of Equity Bank Uganda Limited. The study adopted ex post facto research design technique and employed panel data of Equity Bank…