Nations Trust Bank Plc operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nations Trust Bank Plc with three other
companies in this sector in Sri Lanka:
sales of 26.74 billion Sri Lanka Rupees [US$173.82 million]
of which 89%
was Commercial Banking),
National Development Bank Plc
(33.39 billion Sri Lanka Rupees [US$217.03 million]
of which 97%
was Banking Income), and
Pan Asia Banking Corporation Ltd
(15.14 billion Sri Lanka Rupees [US$98.41 million]
Nations Trust Bank Plc reported sales of 25.55 billion Sri Lanka Rupees (US$166.06 million)
December of 2016.
increase of 26.0%
versus 2015, when the company's sales were 20.28 billion Sri Lanka Rupees.
Sales of Insurance Broking saw an increase
that was more than double the company's growth rate: sales were up
86.9% in 2016, from
11.19 million Sri Lanka Rupees to 20.92 million Sri Lanka Rupees.
Nations Trust Bank Plc also saw significant increases in sales in
Retail, Sme and Consumer Banking (up 37.6% to 9.56 billion Sri Lanka Rupees)
Corporate Banking (up 71.7% to 3.09 billion Sri Lanka Rupees)
Property Management (up 61.7% to 26.97 million Sri Lanka Rupees)
Not all segments of Nations Trust Bank Plc experienced an increase in sales in 2016:
sales of Investment Banking fell 5.4% to 129.59 million Sri Lanka Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).