November 11, 2019 | Investopaper
Two commercial banks namely Citizens Bank International and Sunrise Bank have published the unaudited first quarter (Q1) report of the fiscal year 2076/77. Both the banks have shown a decent performance in Q1.
The comparison of these two banks is based on the unaudited first-quarter report.
Citizens Bank has higher paid-up capital with Rs. 8.62 Arba. On the other hand, Sunrise Bank has a greater reserve and surplus of Rs. 4.55 Arba.
Sunrise Bank leads in terms of deposits and loans with Rs. 77.89 Arba and Ra. 72.55 Arba respectively.
Sunrise Bank also earned a higher net interest income and net profit of Rs. 1.10 Arba and Rs. 45 crores respectively.
However, Citizens Bank earned a more distributable profit of Rs. 21 crores.
Citizens Bank is also better in terms of Non-Performing Loan (NPL) with 0.98 percent.
Sunrise Bank has a lower base rate of 9.97 percent.
Likewise, Sunrise Bank leads in EPS and per-share net worth with Rs. 22.29 and Rs. 155.78 respectively.
The financial comparison is summarized in the table below:
Citizens Bank Vs Sunrise Bank: Financial Comparision
|HEADINGS||Citizens Bank||Sunrise Bank|
|PAID-UP CAPITAL (Rs. In Arba)||8.62||8.15|
|RESERVE & SURPLUS (Rs. In Arba)||3.21||4.55|
|DEPOSITS (Rs. In Arba)||72.44||77.89|
|LOANS (Rs. In Arba)||67.55||72.55|
|NET INTEREST INCOME (Rs. In Arba)||0.71||1.1|
|PROFIT (Rs. In Arba)||0.35||0.45|
|DISTRIBUTABLE PROFIT (Rs. In Arba)||0.21||0.15|
|NON PERFORMING LOANS, NPL (%)||0.98||1.27|
|EARNINGS PER SHARE, EPS (Rs.)||16.2||22.29|
|NETWORTH PER SHARE (Rs.)||137.18||155.78|
|MARKET PRICE PER SHARE (Rs.) [Ashwin 30, 2076]||194||239|