“…In this regard, an international survey identifies ratio analysis, regression analysis, and frontier efficiency methodologies as the most common approaches to measuring bank branch performance (Paradi & Zhu, 2013). Studies analysing the performance of Brazilian bank branches focus on either strategic issues and qualitative measurement (e.g., Machado Jr & Rotondaro, 2003;Melo & Domenico, 2012;Neves Júnior et al, 2007;Rocha, 1987) or the quantitative measurement of the performance of commercial banks and their branches (e.g., Freitas & Morais, 2008;Neves Júnior et al, 2007). The most frequently used methods to measure the performance of Brazilian commercial banks and their branches were data envelopment analysis (DEA) (Becker et al, 2003;Cavalcante & Macedo, 2011;Friedrich et al, 2022;Macedo & Cavalcante, 2009;Souza et al, 2008), analytic hierarchy process (AHP) (Bidinoto et al, 2015), and principal components analysis (PCA) (Crocco et al, 2002).…”