Premier Bank Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Premier Bank Ltd with three other
companies in this sector in BANGLADESH :
Mercantile Bank Limited
(2020
sales of 27.52 billion Bangladeshi Taka [US$323.07 million]
),
Eastern Bank Limited
(28.52 billion Bangladeshi Taka [US$334.87 million]
of which 65%
was Main Operations(DBU)), and
Bank Asia Limited
(27.26 billion Bangladeshi Taka [US$319.98 million]
of which 47%
was Conventional Banking).
Sales Analysis.
During the second
quarter of 2021, sales at Premier Bank Ltd totalled
6.71 billion Bangladeshi Taka.
This is
an increase of 17.7%
from the 5.70 billion Bangladeshi Taka in sales at the company during the second quarter of 2020.
During the first two
quarters of 2021, sales totalled 12.60 billion Bangladeshi Taka, which is
3.4% higher
than through the first two quarters of 2020.
Sales at Premier Bank Ltd appear to have some seasonality: during each of the previous 7
years, sales have been highest during the fourth quarter, which has accounted for
between 26.3% and 34.6%
of the annual
sales.
Premier Bank Ltd reported sales of 28.13 billion Bangladeshi Taka (US$330.22 million)
for the
year ending
December of 2020.
This
represents
an
increase of 6.8%
versus 2019, when the company's sales were 26.33 billion Bangladeshi Taka.
Sales at Premier Bank Ltd have increased during each of the previous five years
(and since 2015, sales have increased a total of 117%).