Cargills Bank PLC provides commercial banking and related financial services for individual and corporate customers in Sri Lanka. The company operates through Retail, SME, Corporate, and Agri-business segments. It offers salary, children's savings, senior citizen's savings, women’s, cash savings, and foreign currency accounts; current and business current accounts; fixed deposits and other investment savings accounts; personal, home, vehicle, and flexi draft loans, as well as loans against properties; Internet and mobile banking, utility payment, and remittance services; and agri business micro financing services. The company provides credit and debit cards; working capital, term loan, and project financing services; corresponding banking services; overdrafts, trade finance, and invoice discounting facility services and documentary credits, documentary collections, shipping guarantees, import financing services, export documentary credit advisory services, pre and post shipment financing services, and bonds and guarantees. In addition, it offers treasury products and services, such as spot and forward contracts, treasury bonds and bills, and repo and reverse repo. The company was incorporated in 2011 and is headquartered in Colombo, Sri Lanka.
Metrics to compare | CBNK | Peers Peers - average of corresponding metrics from companies closely matching CBNK: UBC.N0000, SEYB.X0000, SDB.N0000, SAMP.N0000, ABL.N0000 | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipCBNKPeersSector |
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P/E Ratio | 11.6x | 7.6x | 9.5x | |
PEG Ratio | 0.13 | 0.06 | 0.03 | |
Price/Book | 0.7x | 0.7x | 1.0x | |
Price / LTM Sales | 1.7x | 1.7x | 2.8x | |
Upside (Analyst Target) | - | −4.9% | 13.3% | |
Fair Value Upside | Unlock | −1.9% | 1.6% | Unlock |