Abstract
This study used monthly balance sheet data, annual financial statement reports as well as other relevant data to calculate the technical and scale efficiency estimates (determined by Data Envelopment Analysis (DEA)) as well as the performance measurement of economic value added (EVA) for three of the major banks in South Africa. The main purpose of the study was to determine, by means of multiple regression analysis, whether changes in the efficiency estimates lead to changes in the EVAs of the banks. This study found that the overall regression model is statistically significant for only one of the three banks.