Calculate the following 16 ratios for ANZ and NAB:

ROE, ROA, Equity Multiplier, Expense ratio, Tax ratio, Asset Utilisation, Interest Expense ratio, Non-interest Expense ratio, Provision for Loan Loss ratio, Interest Income ratio, Non-interest Income ratio, Earning Base ratio, NIM, Spread, Burden ratio and Efficiency ratio.

Reference:

https://www.anz.com/content/dam/anzcom/shareholder/ANZ-2020-Annual-Report.pdf

https://www.nab.com.au/content/dam/nabrwd/documents/reports/corporate/2020-annual-financial-report-pdf.pdf

1.Based on these ratios and other available information, e.g. the annual reports, compare the performance of the two banks. Based on these ratios and others available from the annual reports, provide a commentary/report on comparative performance.