This paper investigates the impact of Asian banks' income structure on competitiveness, profitability, and risk over the period 20052011.Exchangelisted commercial banks of eight Asian countries are included in the study sample. The crosssectionalregression results reveal that higher exposure of net noninterest income in Asian banks increases market risk and asset risk but lowers insolvency risk, ROA and ROE. On the other hand, higher exposure of net fees and commissions reduces return volatility, market risk, and asset risk but increases insolvency risk, ROA, and ROE. Further, exposure to trading and derivatives, along withother securities, tends to decrease banks' competitiveness. © 2014 World Scientific Publishing Co. and Center for Pacific Basin Business, Economics and Finance Research.