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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)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
NDB.N0000 (National Development Bank 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
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
NDB.N0000 (National Development Bank 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
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Mar 29, 2023 7:09 am by කිත්සිරි ද සිල්වා

» In the Meantime Within Our Shores!
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Mar 27, 2023 5:51 pm by කිත්සිරි ද සිල්වා

» What is Known as Dementia?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Mar 16, 2023 11:23 am by කිත්සිරි ද සිල්වා

» What a Bank Run ?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Mar 04, 2023 10:47 am by කිත්සිරි ද සිල්වා

» When Seagulls Follow the Trawler
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Mar 02, 2023 10:22 am by කිත්සිරි ද සිල්වා

» Re-activating
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Feb 14, 2023 3:54 pm by ruwan326

» මේ අර් බුධය කිසිසේත්ම මා විසින් නිර්මාණය කල එකක් නොවේ
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Jan 03, 2023 6:43 pm by ruwan326

» SAMP.N0000 (Sampath Bank PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

» AVOID FALLING INTO ALLURING WEEKEND FAMILY PACKAGES.
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyWed Nov 16, 2022 9:28 pm by කිත්සිරි ද සිල්වා

» Banks, Finance & Insurance Sector Chart
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

» DEADLY COCKTAIL OF ISLAND MENTALITY AND PARANOID PERSONALITY DISORDER MIX.
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyMon Nov 07, 2022 6:36 pm by කිත්සිරි ද සිල්වා

» WATA - Watawala
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

» KFP.N0000(Keels Food Products PLC)
NDB.N0000 (National Development Bank PLC) - Page 2 EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Oct 20, 2022 10:13 am by කිත්සිරි ද සිල්වා

» What Industry Would You Choose to Focus?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Oct 11, 2022 6:39 pm by කිත්සිරි ද සිල්වා

» Should I Stick Around, or Should I Follow Others' Lead?
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyTue Oct 11, 2022 9:07 am by කිත්සිරි ද සිල්වා

» DV-2024 Program: Online Registration
NDB.N0000 (National Development Bank PLC) - Page 2 EmptyThu Oct 06, 2022 11:26 am by කිත්සිරි ද සිල්වා

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+7
NIRMALSG
PANTOMATH
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    NDB.N0000 (National Development Bank PLC)

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    Post by yellow knife Mon Apr 01, 2019 11:46 am

                              2018

    NDB has increased revenue by 21% on YoY basis.

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    Post by yellow knife Mon Apr 01, 2019 11:49 am

    PAT of NDB has gone up by 47%.

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    Post by PANTOMATH Mon Apr 01, 2019 6:21 pm

    Thanks YK,
    Certainly a good share in banking sector,Good DY too
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    Post by yellow knife Tue Apr 02, 2019 7:08 am

    Thanks Pantomath

    *****************************************

    NDB has mentioned some challenges faced by the entire Banking Industry. Overcoming these obstacles is a must for the health of the entire industry.

    1. Full Implementation of Basel III.

    In order to improve Tier I capital NDB went for a right s issue in the last quarter of 2018 with the intention of raising 6.2 Billion.

    However NDB could raise only 55% of that which is only 3.4 Billion. The Bank was interested in finding a strategic investor who could buy the remaining unsubscribed amount, yet failed.

    This shows why a Government should look into Share Market. If the Share Market was performing well NDB could have easily got its rights subscribed.

    2. SLFRS 9 implemented.

    3. Debt Repayment Levy. Banking sector has become the highest taxed sector of the country where a prudent investor now has to re-evaluate on investing in Banking Shares. Effective tax rate is as high as 57%.

    4. Swallowing a considerable portion of Earnings by Tax reduces the Banking sectors ability to augment capital through internally generated funds.
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    Post by yellow knife Tue Apr 02, 2019 7:13 am

    NDB is maintaining a higher ROE .

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    Post by yellow knife Tue Apr 02, 2019 7:17 am

    EPS of NDB

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    Post by yellow knife Tue Apr 02, 2019 7:24 am

    PE ratio shows how attractive some Banking shares are. It also shows how much interested the Investors are.

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    Post by yellow knife Tue Apr 02, 2019 7:27 am

    Dividend payout is around 35% of earnings.

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    Post by yellow knife Tue Apr 02, 2019 7:28 am

    Market price has come down despite good performance.

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    Post by Backstage Tue Apr 02, 2019 11:11 am

    Pre war rates. Thanks YK.
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    Post by ruwan326 Thu Jun 13, 2019 7:58 pm

    Financial Performance- Period ended 31 March 2019

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    Post by The Invisible Wed Aug 14, 2019 9:11 am

    National Development Bank net down 29-pct

    ECONOMYNEXT - Profits at Sri Lanka's National Development Bank group fell 29 percent to 781 million rupees in the June 2019 quarter from a year earlier, amid high loan losses and higher taxes, though the bank has grown its loan book.

    NDB reported earnings of 4.54 rupees per share for the quarter. The group reported earnings of 6.19 rupees per share of the six months to June with total profits falling 32 percent to 1.32 billion rupees.

    Interest income grew 25 percent to 13.2 billion rupees, interest expenses grew 30 percent to 9.1 billion rupees and the bank grew net interest income 15 percent to 4.0 billion rupees.

    NDB group grew its loan book 5 percent to 361 billion rupees from December to June. The bond portfolio grew 15 percent to 27 billion rupees.

    Loan losses grew 36 percent to 966 million rupees. Unspecified other provisions grew from 11 million rupees to 122 million rupees.

    At bank level the gross non-performing loan ratio grew to 4.56 percent from 2.85 percent.

    Sri Lanka is recovering from monetary instability in 2018 which saw the rupee collapse from 153 to 182 to the US dollar with the central bank printing money to keep rates down artificially just as the economy and the credit system recovered in the first quarter. There have been calls to restrain the domestic operations department of the central bank and criminalize certain actions of the unit.

    Deposits grew 2 percent to 354 billion rupees.

    VAT on financial services grew from 299 million rupees to 423 million rupees and there was a 222 million charge from a new debt repayment levy.

    Gross assets grew 4 percent to 495 billion rupees. Net assets grew 2 percent to 39.9 billion rupees. At bank level Tier 1 capital fell from 9.17 percent to 9.02 percent. Total capital adequacy increased to 13.64 percent from 12.63 percent. (Colombo/Aug14/2019)
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    Post by Trend Tue Dec 31, 2019 1:55 am

    Is NDB good to buy or will they give a rights issue?
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    Post by The Invisible Sun Aug 16, 2020 5:10 pm

    NDB Bank Sri Lanka net up on June 2020 quarter

    ECONOMYNEXT – Profits at Sri Lanka’s NDB Bank net profits grew 43 percent to 1.1 billion rupees in the June 2020 quarter from a year earlier, partly helped by bond profits as interest rates fell amid higher provisions, interim accounts showed.

    NDB Bank reported earnings of 5.06 rupees per share for the quarter. In the six months to June the bank reported earnings of 10.16 rupees on total profits of 2.3 billion rupees which grew 13 percent.

    Net interest income grew 11 percent to 4.5 billion rupees in the quarter, with interest income up 2.2 percent to 13.5 billion rupees, interest expenses down 2 percent to 9.0 billion rupees.

    About 40 percent of loan book of the banks was in moratorium, the bank said.

    Loans grew 4 percent to 413 billion rupees from December to June.

    Non-performing loans were 5.4 percent in June up from 4.77 percent in December.

    Fee income fell to 984 million rupees from 1.1 billion rupees

    Gross assets were up 6 percent to 567 billion rupees.

    Net assets were up 6 percent to 4.8 billion rupees.

    Tier I capital was at 9.3 percent, up from 9.18 percent at bank level (10.09 at group) higher than the 8.0 percent required. Total capital adequacy was at 12.94 percent, down from 13.43 percent (group 13.57 down from 14.20 percent) (Colombo/Aug16/2020).

    කිත්සිරි ද සිල්වා and sanjulanka like this post

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    Post by කිත්සිරි ද සිල්වා Sun Aug 16, 2020 6:44 pm

    Good performance and with a possible merger in the grape vine, this could be a good horse to bet on. Very Happy
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    Post by The Invisible Sun Aug 16, 2020 8:55 pm

    Yes, the current demand seen in DFCC might add some more interest as well...

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      Current date/time is Sun Jun 16, 2024 1:19 am