Comparative Performance: Miteri Vs Sahayogi
April 26, 2019 | Investopaper
Two development banks operating in 1-3 districts, namely Miteri Development Bank and Sahayogi Bikas Bank have published the third quarter report of F.Y. 2075/76. Miteri Development Bank has improved the net profit by more than 10 percent whereas Sahayogi Bikas Bank net profit fell by 7.76 percent in the third quarter.
The financial indicators of both the development banks look similar. Which development bank do you prefer more? The comparative performance of both until the third quarter of this year is shown in the table below.
Comparative Performance: Miteri Vs Sahayogi
| Headings | Miteri | Sahayogi |
| Paid up capital (Rs. ‘crores’) | 58.5 | 50.97 |
| Reserve & Surplus (Rs. ‘crores’) | 19.21 | 19.84 |
| Deposits (Rs. ‘Arab’) | 4.32 | 4.34 |
| Loans (Rs. ‘Arab’) | 3.78 | 3.85 |
| Net Interest Income (Rs. ‘Crores’) | 16.06 | 15.07 |
| Net Profit (Rs. ‘Crores) | 8.04 | 7.04 |
| Non Performing Loans,NPL (%) | 0.48 | 1.69 |
| Base Rate(%) | 12.48 | 10.01 |
| Earnings Per Share,EPS (Rs.) | 18.33 | 18.43 |
| Networth Per Share (Rs.) | 132.84 | 138.93 |
