ABSTRACT

 The study examined the effect of human capital development on financial performance of banks in Nigeria. The specific objective was to determine the extent to which the banks Human capital affects the Times rate of return, Current costs and the Earnings per share. The research design employed was a cross sectional survey design time series data which comprise Human capital, Times rate of return, Current costs and Earnings per share of a quoted commercial banks in the NSE were the secondary data used. Statistical tools of Multiple Linear Regression and student ttest were used for the analysis. The regression model was estimated through the use ofstatistical package for social sciences (SPSS). The three null hypotheses used in this study were tested at 5% level ofsignificance. The result obtained showed: Human capital has no significant effect on Earnings per share, Times rate has significant effect on Earning per share, Current costs has significant effect on Earnings per share. The F-test showed a fit for the model The study therefore concludes that banks have not invested adequately on human capital development that is why the effect on financial performance is not significant. The study recommended that, commercial banks in Nigeria are advised to give more attention to human capital developihent by way oftraining and adequate welfare to enhance their productivity