Financial Performance Analysis of Southeast Bank Limited

Abstract

A bank is an economic institution and its main aim is to earn profit through exchange of money & credit instruments. It is a service oriented and profit oriented organization. To perform those two functions simultaneously, the bank divides its operations into four parts- General Banking, Accounts and General Services, loan & Advances and Foreign Exchange. Bank invests money into different financial security and different types of project to diversify its risk and getting more profit. Southeast Bank is one of the leading private commercial banks in Bangladesh. It has total 56 branches across Bangladesh. Southeast Bank has been operating in Bangladesh since 1995 and achieved public confidence as a sound, stable and trustworthy Bank. Financial statement Analysis is one of the most vital elements for any commercial bank. Southeast bank takes decision by analyzing the financial Statement Analysis of the bank. External Stakeholders use it to understand the overall health of the organization. Sometimes bank evaluates its financial performance and we look at the company's income statement and statement of cash flows and conclude by covering the key contents of an annual report. Ratio analysis shows the performance of the bank and financial health of a bank by using data from the current financial statements. Ratio analysis mainly used to establish a trend line for the bank’s results over a large number of financial reporting periods. The three main ways to analyze financial statement analysis techniques are horizontal analysis, Vertical Analysis and the ratio analysis.