Previous studies suggest that the size of capital, the size of deposit liabilities, the size and composition of the bank's credit portfolio, interest rate policy, risk exposure, management quality, labor productivity, bank size, bank age, ownership, ownership concentration, and structural affiliation, among others, influence bank profitability. The level of profitability achieved would depend on the change in its determinants over time. The determinants of profitability are empirically well explored, although the definition of profitability varies across studies. Ignoring profitability measures, most banking studies have noted that capital ratio, loan loss provisions and expense control are important factors in achieving high profitability (Adeusi, Kolapo and Aluko,