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This is real profitability performance by two banks; National Commercial Bank (Saudi bank) and Al-Rajhi Bank. NCB is the no.1 bank in Saudi Arabia by
This is real profitability performance by two banks; National Commercial Bank (Saudi bank) and Al-Rajhi Bank. NCB is the no.1 bank in Saudi Arabia by total assets.
Can you help me interpret each ratio in detail?
-Conclude with which one is better. Does having the highest total assets make NCB the best bank in Saudi Arabia?
NCB VS AL-RAJHI Profitability Ratios for the year 2020 NCB Al-Rajhi ROA 2.09% 2.50% ROE 15.5% 19.94% ROCE 13.07% 18.30% EPS SAR 3.68 SAR 4.24Step by Step Solution
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