Sarıgül, Haşmet2025-03-262025-03-2620231305-557710.17233/sosyoekonomi.2023.03.132-s2.0-85192008458https://doi.org/10.17233/sosyoekonomi.2023.03.13https://search.trdizin.gov.tr/tr/yayin/detay/1193089https://hdl.handle.net/20.500.14704/919This study explores the association between dollarization and profitability in state-owned deposit banks, which play a significant role in the financial system in Turkiye. Quarterly data from Halkbank, Vak & iota;fbank and Ziraat Bank spanning from 2005 to 2021 are used in the research. Three dollarization-related variables -deposit dollarization, balance sheet currency mismatch and foreign currency derivatives -are included jointly in a study for the first time in the literature. Although the directions differ between banks in the short-and long-run, the estimation coefficients obtained by applying Panel ARDL techniques imply that all dollarization-related variables have statistically significant impacts on the profitability of Turkish state-owned deposit banks.eninfo:eu-repo/semantics/openAccessDollarization; Profitability; State-owned Deposit Banks; ARDLArticle28257N/A255119308931WOS:001041774300012N/A