Citizens Bank Vs Sunrise Bank: Financial Comparision
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 |
BASE RATE(%) | 10.75 | 9.97 |
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 |
P/E RATIO | 11.97 | 10.72 |