SEYB.N0000 ( SEYLAN BANK PLC )

[yellow knife]

This is a bank that survived a rough test in 2008. Immediate annual year was almost a case study and the bank showed a very good recovery since then.

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[yellow knife]

PAT of PLC.N ,CFIN.N,  NDB.N and SEYB.N are competing each other.

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[yellow knife]

By 2015 the loan Products are diversified in Seylan Bank to match with any other good commercial bank. Less relying on Gold Pawning is a very good sign.

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When we compare with 2011 gold bubble , the dwindling of gold percentage is a remarkable achievement and almost all commercial banks have shown this development since then.

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[yellow knife]

Central Banks impose portfolio ceilings as a mean to control the business model of banks and to avoid risk. The sector wise loan disbursements of Seylan Bank is well balanced.

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EPS of the bank is steadily growing.

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[yellow knife]

Dividend shows a very slight growth..

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Share price movement of Voting and non-voting shares

( Chart was edited after the mistake highlighted by Backstage in post below )


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[yellow knife]

Bank , Finance and Insurance industry is good at paying dividends..

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[yellow knife]

Institute	2015	2014	2013	2012	2011
NDB	11	11	10	15	7.5
NTB	2.1	2.1	2.1	2.1	2.1
UAL	8.5	6.5	6	5	5
HASU	2	3.75	3.25	2.75	2.1
JINS	1	2	1	1	1
CFIN	3.5	3.2	2.9	2.5	10.5
PLC	1.25	1.25	1.25	1
SEYB	2.75	2.5	2.25	2	1

Dividends are attractive in many Bank, Finance and Insurance companies

[yellow knife]

Total Profit After Tax of Banking Industry and Seylan  Bank

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Seylan Banks revenue against other sectors evaluated so far

[BnP]

Thank you so much

[First Guy]

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[Backstage]

Share price movement of Voting and non-voting shares

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YK, small mistake in V and NV.

[yellow knife]

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Thanx Backstage I corrected the chart now

[lanka]

Thank you, dear YK

[yellow knife]

Seylan Bank's recovery since 2009 is amazing when we evaluate its NPL ratio then.


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Seylan’s gross NPL ratio at a group level stood at 29.38% at FYE09, compared to
a median of 6.85% for the three large domestic private commercial banks (see
peer comparison on page 3). However the pace of incremental NPL growth has
reduced in Q209, while NPLs reduced in absolute terms by 2.8% in Q309 and
4.5% in Q409, due to the bank’s focused recovery efforts. Over 16% of NPLs at
FYE09 consisted of direct lending to five Ceylinco group companies. A further
25% of NPLs were made up of 20 large exposures. The bank expects to recover
(or where the entities are going‐concerns, to restructure) a majority of this in
the short term.

[nihal123]

Thanks yellow knife

[balapas]

How is Seylan when it comes to retail banking? I mean in terms of maintaining an online account with ability to pay bills and transfer money? Going to discontinue HSBC saving and credit cards which I had for 16 years because of bad service. I saw lot of offers during new year for the credit card too.

[yellow knife]

All Banks aim one objective mainly... All customers aim maximum benefit to them.. Since there are too many banks we the customer get best benefits.. I use Standard Chartered Credit Card just to watch movies with my family.. So for me each card offer a unique benefit. NTB Amex I use for settling utility bills..HSBC for loans..Sampath for Hotels.. People's for buying books and all give me amazing discounts..

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Seylan Bank ups 1Q after tax profit by 4% to 720 Million

Net loan book grows by 4.7% to Rs 201 Billion

Total Assets up by 5.99% to Rs 314 B

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In an ugly return of bad government practices , the good governance regime has flexed its muscle by demanding more of its nominees in the Seylan Bank PLC board, which will unseat existing non executive directors...

[First Guy]

decrease in performance when looking at previous quarter but March quarter for the last 2 years have been similar.

There have been an increase of 3 branches after quite some time.

P/E 8.5x
P/B 1.4x
DY 2.9%
ROE 15.2%

[Yin-Yang]

If other banks post similar performances like SEYB this quarter, I think, we can expect a drop in sector share prices. However, UBC seems keeping the momentum.

[Ethical Trader]

Thanks YK & all those who contributed. Good thread.

[yellow knife]

Seylan Bank keeps up Momentum.

Records Profits Before Tax of Rs 2,559 Million and PAT 1,755 Million.

Net Loan Book grows 7.57% to Rs 208 Billion

Customer deposits grow by 7% to 241 Billion

Fee income grows by 20% to Rs 1,432 Million

Assets Up by 10% to 326 Million

[yellow knife]

Seylan Bank to face problems which other banks did not in 2008 on wards. Yet the revenue growth pattern is closely knitted.

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