Türkcan, Zeynep2024-08-202024-08-2020181309-071210.20491/isarder.2018.444https://doi.org/10.20491/isarder.2018.444https://search.trdizin.gov.tr/tr/yayin/detay/305683https://hdl.handle.net/20.500.14591/57Financial crisis in 2007, affecting the whole world, revealed the significance ofearly prediction of distressed banks and companies, and subsequently research onfinancial distress prediction in the banking sector accelerated considerably. This studyestimates the financial failure of banks and looks at the factors related to bank failureusing a five-stage empirical model based on panel data for the 1990-2010 period, forbanks operating in 27 European Union (EU) countries. Using a panel logit model todetermine which of the independent variables led to the bank failure, it is observed that“Non-interest Income to Total Income” is the best predictor.eninfo:eu-repo/semantics/openAccessFinancial failure prediction in banks: The case of European Union countriesArticle569255430568310