| ROA | Coef. | Std. Err | t | P>|t| |
| SNONIN | −0.0000397 | 0.000065 | −0.61 | 0.542 |
| BSD | −0.001259 | 0.0005781 | −2.18 | 0.031** |
| TIERI | −0.0012651 | 0.0002026 | −6.25 | 0.000*** |
| F.C | −0.0464992 | 0.0374805 | −1.24 | 0.217 |
| SMD | 0.0000364 | 0.0001483 | 0.25 | 0.807 |
| TRADE | 0.0022518 | 0.0014546 | 1.55 | 0.124 |
| FDI | 0.002894 | 0.0024293 | 1.19 | 0.236 |
| SIZE | 0.0010596 | 0.0005051 | 2.1 | 0.038** |
| CTA | 0.207349 | 0.0351087 | 5.91 | 0.000*** |
| LIQ | 0.0309654 | 0.0257531 | 1.2 | 0.231 |
| NLOAN | −0.0009487 | 0.0017891 | −0.53 | 0.597 |
| LLR | −0.1287966 | 0.0208604 | −6.17 | 0.000*** |
| Cons | −0.0027856 | 0.0185494 | −0.15 | 0.881 |