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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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Latest topics

» CCS.N0000 ( Ceylon Cold Stores)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

» ඩොලර් මිලියනයක මුදල් සම්මානයක් සහ “ෆීල්ඩ්ස් පදක්කම” පිළිගැනීම ප්‍රතික්ෂේප කළ ගණිතඥයා
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
PABC.N0000 (Pan Asia Banking Corporation PLC) - Page 2 EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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+7
The Invisible
lanka
Ethical Trader
Jana1
Future123
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yellow knife
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    PABC.N0000 (Pan Asia Banking Corporation PLC)

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    Future123
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    Post by Future123 Mon Mar 20, 2017 7:51 pm

    A really good graphical presentation YK as usual.

    Wonder how PABC managed increase branches from 2010 to 2012. Within this 2 years, they increased number of branches from 41 to 73. This is a 78% increase. Do the banks and finance companies acquire the properties or lease them?
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    Post by Jana1 Tue Mar 21, 2017 3:58 am

    Thanks YK, good one.

    FG, your PE and PB ratio contained some errors. I calculate post rights EPS around 3.5 Rs, so PE would be less than 5. Also NAV would be around 19 as per memory, so 1.3 seems an error. Consider rights money can generate a return about 250 mn per annum.
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    Post by First Guy Tue Mar 21, 2017 7:12 am

    Jana1 wrote:Thanks YK, good one.

    FG, your PE and PB ratio contained some errors. I calculate post rights EPS around 3.5 Rs, so PE would be less than 5. Also NAV would be around 19 as per memory, so 1.3 seems an error. Consider rights money can generate a return about 250 mn per annum.

    Jana1, I think you're referring to my post almost one year ago. At the time those numbers were correct. Now it has changed drastically.
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    Post by yellow knife Tue Mar 21, 2017 7:56 am

    Nice to see you in active mode again FG
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    Post by First Guy Fri Mar 24, 2017 7:16 pm

    [You must be registered and logged in to see this image.]
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    Post by yellow knife Thu Aug 16, 2018 10:42 am

    පෑන් ඒෂියා බැංකුවට ගණුදෙනු තහනම්.. මහ බැංකුවෙන් විමර්ෂණ..
    August 16, 2018 at 10:00 am | lanka C news [You must be registered and logged in to see this image.]
    රජයේ සුරැකුම්පත් නිකුත් කිරීමේ වෙන්දේසි වලට සහභාගී වීම තහනම් කරමින් ශ්‍රී ලංකා මහ බැංකුව විසින් පෑන් ඒෂියා බැංකුවට පනවා ඇති තහනම තවත් මාස 6 කින් දීර්ඝ කර ඇත.
    ශ්‍රී ලංකා මහ බැංකුවේ මූල්‍ය මණ්ඩලය විසින් එම තීරණය කරනු ලැබ ඇත.
    අදාල බැංකුව සම්බන්ධ කෙරෙන විමර්ශන තවදුරටත් පවත්වාගෙන යාමේ අරමුණින් මෙම තීරණය ගත් බව මහ බැංකුව සඳහන් කරයි.
    කෙසේ වෙතත් නියාමන ක්‍රියාමාර්ග අනුව පෑන් ඒෂියා බැංකුව රජයේ සුරැකුම්පත් සඳහා වන ප්‍රාථමික වෙන්දේසියට සහබාගී ට නොහැකි බව සඳහන් කරන ශ්‍රී ලංකා මහ බැංකුව මෙම නියාමන ක්‍රියාමාර්ගය පෑන් ඒෂියා බැංකුව සිසු ක්‍රියාකාරම් හා සේවා වලට බලනොපාන බව ද කියා සිටී.
    Ethical Trader
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    Post by Ethical Trader Thu Aug 16, 2018 12:16 pm

    Thanks for sharing.

    Similar action taken by the CB against accused primary dealers, after the Bond Scam was revealed, has positively reflected in performances of other primary dealers.

    For example, EPS of CFVF has shot up to Rs: 18.00+ mainly attributable to increased profits in primary dealings as mentioned in their latest Annual Report. However, last quarter performance has declined due to losses in share dealings under the current situation of the CSE.

    In fact, they have discontinued their Margin Trading facility as a strategic move to tackle current impasse in the CSE. This proves the contention that it is not advisable to buy on credit under the current bear sentiments.

    Read [You must be registered and logged in to see this link.]
    for more details.
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    Post by lanka Thu Aug 16, 2018 2:14 pm

    Thanks, YK & ET
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    Post by The Invisible Thu Nov 01, 2018 9:56 am

    Sri Lanka's Pan Asia Bank Sep net down 13-pct

    ECONOMYNEXT - Profits at Sri Lanka's listed Pan Asia Bank fell 13 percent from a year earlier to 260.7 million rupees in the September 2018 quarter, on higher bad loans provisioning and rising operational costs, interim accounts showed.



    The bank reported earnings of 2.34 rupees a share in the quarter. For the nine months to end September 2018, earnings were 3.26 rupees a share on a profit of 1.08 billion rupees, up 18 percent from a year earlier, interim accounts filed with the Colombo Stock Exchange showed.



    Pan Asia Bank closed 40 cents lower Wednesday at 13.50 rupees.



    In the September quarter, net interest income grew 25 percent from a year earlier to 1.6 billion rupees as interest income rose 22 percent to 4.8 billion rupees and interest expenses increased 20 percent to 3.3 billion rupees.



    Net fees and commission income rose 28 percent to 2.2 billion rupees.



    Bad loans provisioning rose 159 percent to 584.6 million rupees.



    Operating costs increased by 14.5 percent to 1 billion rupees.



    Pan Asia Bank's deposit base expanded 8 percent from nine months earlier to 116.3 billion rupees at end September, while its loan book grew a faster 12 percent to 122.7 billion rupees.



    Non-performing loans were 4.83 percent of total loans at end September 2018, up from 4.36 percent nine months earlier.



    Pan Asia Bank reported a net interest margin of 4.01 percent in the quarter, up from 3.61 percent at end December 2017.



    At end September 2018, the bank's Tier I Capital Ratio was 10.65 percent, higher than the regulatory minimum of 7.875 percent, but was down from 11.38 percent nine months earlier.



    Total Capital ratio was at 12.11 percent, down from 13.53 percent nine months earlier, but higher than the regulatory minimum of 11.875 percent. (COLOMBO, Nov 01, 2018)
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    Post by ruwan326 Thu Jun 13, 2019 8:06 pm

    Financial Performance- Period ended 31 March 2019


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    Post by The Invisible Mon Aug 12, 2019 1:33 pm

    Pan Asia Bank profits down 5-pct in June

    ECONOMYNEXT - Profits at Sri Lanka's Pan Asia Bank fell 5 percent to 481 million rupees in the June 2019 quarter from a year earlier, amid falling net interest income, higher loan loss provisions and taxes, interim accounts showed.

    The bank reported earnings of 1.09 rupees per share for the quarter. In the six month to June the bank reported earnings of 1.70 rupees per share on total profits of 753 million rupees which was down 8 percent.

    Interest income grew 4 percent to 4.7 billion rupees and interest expense grew at a faster 8 percent to 3.3 billion rupee, shrinking net interest income 5 percent to 1.4 billion rupees.

    Loan loss provisions rose to 457 million rupees in the June quarter from 348 million rupees a year earlier.

    The gross non-performing loan ration increased from 5.44 percent to 6.78 percent from December to June.

    Loans and advances contracted 4 percent to 104 billion rupees from December to June. Securities contracted 1 percent to 33.6 billion rupees.

    Sri Lanka is recovering from monetary instability in 2018, when the central bank printed money to keep rates artificially down when the economy and credit growth recovered, triggering collapses of the currency.

    A political crisis in October worsened capital flight adding to instability.

    At Pan Asia Bank deposits contracted 1 percent to 117 billion rupees. Borrowings from debt securities contracted 24 percent to 10.1 billion rupees.

    Profits were helped by gains from trading grew 121 percent to 222 million rupees.

    Net fee and commission income was flat at 368 million rupees.

    Financial VAT and debt repayment levy was up 26 percent to 198 million rupees. Income tax was up 55 percent to 157 million rupees.

    Gross assets contracted 2 percent to 150.2 billion rupees.
    Net assets grew 7 percent 12.0 billion rupees. The total capital adequacy ratio improved to 14.2 percent by June from 13.32 in December. (Colombo/Aug11/2019)
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    Post by dakzsl Sun Dec 08, 2019 7:54 am

    Any update about PABC
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    Post by soileconomy Mon Dec 09, 2019 6:41 pm

    I prefer if Wagapitiya increases his stake and go for a board seat.
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    Post by seek Wed Jun 24, 2020 10:37 pm

    It seems the bank is doing better in tough times.

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