Social Islami Bank Ltd operates in the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Social Islami Bank Ltd with three other
companies in this sector in BANGLADESH :
Premier Bank Ltd
(2020
sales of 28.13 billion Bangladeshi Taka [US$330.22 million]
),
Eastern Bank Limited
(28.52 billion Bangladeshi Taka [US$334.87 million]
of which 65%
was Main Operations(DBU)), and
Mercantile Bank Limited
(27.52 billion Bangladeshi Taka [US$323.07 million]
).
Sales Analysis.
During the second
quarter of 2021, sales at Social Islami Bank Ltd totalled
6.87 billion Bangladeshi Taka.
This is a drop of 2.5%
from the 7.05 billion Bangladeshi Taka in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled 13.07 billion Bangladeshi Taka, which is
11.3% lower
than through the first two quarters of 2020.
Sales at Social Islami Bank Ltd appear to have some seasonality: during each of the previous 8
years, sales have been highest during the fourth quarter, which has accounted for
between 26.9% and 29.9%
of the annual
sales.
Social Islami Bank Ltd reported sales of 30.01 billion Bangladeshi Taka (US$352.35 million)
for the
year ending
December of 2020.
This
represents
a
decrease of 2.8%
versus 2019, when the company's sales were 30.86 billion Bangladeshi Taka.