Al-Hikmah University Journal

Over the past decade, the profitability of banks in Nigeria has faced considerable challenges, with financial reports showing declining profitability, negative retained earnings, net losses, and fluctuating net profits. These financial strains have led to the acquisition of some banks by others, as well as mergers due to an incapability to meet stakeholders' needs, resulting in the eventual wind-up of several banks. This has significantly diminished the positive impact of deposit money banks in Nigeria. It is against this backdrop that the inspiration for this study arose. The primary purpose of this study is to examine the impact of infrastructural assets on the financial performance of deposit money banks listed in the Nigerian Exchange Group from 2014 to 2023. Secondary data were obtained from the audited annual reports of selected listed banks in Nigeria spanning from 2014 to 2023. The study employed multiple linear regression techniques to analyze the data collected, focusing on the relationship between infrastructural assets and financial performance.The analysis revealed that infrastructural assets have an insignificant negative effect on the financial performance of deposit money banks listed in the Nigerian Exchange Group, with a P-value of 0.497 and a t-value of -0.680. This suggests that infrastructural assets do not significantly influence the financial performance of the banks during the period under study. Based on these findings, the study concludes that infrastructural assets have no significant impact on the financial performance of deposit money banks listed in the Nigerian Exchange Group from 2014 to 2023. Therefore, the study recommends that banks should invest more in other intellectual capitals, such as human capital and capital employed efficiency, to enhance the financial performance of deposit money banks in Nigeria.