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 39.34 billion Sri Lanka Rupees [US$217.92 million]
of which 94%
was Commercial Banking),
Seylan Bank Limited
(54.71 billion Sri Lanka Rupees [US$303.12 million]
of which 72%
was Banking), and
National Development Bank Plc
(51.82 billion Sri Lanka Rupees [US$287.10 million]
of which 98%
was Banking Income).
Nations Trust Bank Plc reported sales of 42.98 billion Sri Lanka Rupees (US$238.13 million)
December of 2018.
increase of 21.7%
versus 2017, when the company's sales were 35.33 billion Sri Lanka Rupees.
This was the third consecutive year of growth at Nations Trust Bank Plc.
Sales of Corporate Banking saw an increase
that was more than double the company's growth rate: sales were up
44.4% in 2018, from
4.49 billion Sri Lanka Rupees to 6.49 billion Sri Lanka Rupees.
Not all segments of Nations Trust Bank Plc experienced an increase in sales in 2018:
sales of Investment Banking fell 84.4% to 21.10 million Sri Lanka Rupees.
(However, this segment's sales were only a very small portion of the company's overall sales).
Nations Trust Bank Plc also experienced decreases in sales in
Property Management (down 18.1% to 24.65 million Sri Lanka Rupees)
Insurance Broking (down 49.2% to 10.16 million Sri Lanka Rupees)