This study analyzed the impact of the applications of human resource information system (HRIS) on firms’
financial performance. Performance estimation models developed based on five years performance related data
extracted from annual reports of total 41 (89%) banks operated under four strata: state-owned commercial (9%),
specialized (6%), private commercial (63%), and foreign commercial banks (11%) in Bangladesh while
multivariate analysis of covariance (MANCOVA) tested to examine the varied corporate financial performance
according to ownership patterns. The study found direct and positive relations of HRIS applications with the
firm’s financial results. However, the corporate performance does not vary significantly according to the
ownership patterns. Moreover, the findings of the study may lead human resource (HR) professionals and other
stakeholders to enhance their financial intelligence about its applications in business which may eventually
enable them to be strategic partners in the acute global market environment.