| Author | Year | Title of study | Conclusion (Financial performance) |
| | | Where do mergers gain come from? Bank mergers from the perspective of Insiders and Outsiders | Increase |
| | | Performance changes around bank mergers: Revenue enhancements versus cost reductions | Increase |
| | | Benefits from a changing payment technology in European banking over M&A | Increase |
| | | Banking mergers and acquisitions’ performance in Europe | Insignificant |
| | | The effects of mergers and acquisitions on bank performance in Egypt | Increase |
| | | Measuring Post Merger and Acquisition Performance: An Investigation of Select Financial Sector Organizations in India | Increase |
| | | Mergers and Acquisitions in British banking: Forty years of evidence from 1885 until 1925 | Insignificant |
| | | Post-Merger profitability: A case of Royal Bank of Scotland RBS | Decrease |
| | | Mergers and Acquisitions: A pre-post analysis for the Indian Financial services sector | Increase |
| | | Analytics on Financial performance and Efficiency changes of Malaysian commercial banks after mergers and acquisitions | Increase |