As sustainability in bank profitability is the building block of its auto-financing process and stability,
researching bank profitability is and remains an important issue. In the paper discriminant analysis
was performed with a goal of identifying determinants of bank profitability. By using this multivariate
statistical method it has been confirmed that according to their financial ratios banks can be classified
in groups of profitable or non-profitable and groups of above or below average profitability with very
high precision.