You have been assigned as an analyst for comparing the performances of Blackburn Banking Corporation with Delta Banking Corporation during the year 2019; both the Banks have provided the following information:

Ratio	Blackburn	Delta
ROE	0.076	0.042
Operating Efficiency Ratio	0.51	0.57
P/E Ratio	10.5	10
Tax Management Efficiency	0.44	0.51
Debt Ratio	0.37	0.44
Profit Margin	0.082	0.054
Asset Turnover	0.94	0.79
Cash Position	1.32	1.46
Hot Money Ratio	2.04	2.08
Times Interest Earned	5.6	3.3
EPS	3.26	1.81

1. In the annual report to the shareholders, the CFO of Blackburn Banking Corporation wrote, 2019 was a good year for the bank as we have made higher return compare to our major competitor. Is the CFO correct? Explain and use only relevant information in your analysis.
2. What can you say about both the banks overall efficiency in managing business? Be as complete as possible given the above information, but do not use any irrelevant information.
3. You are asked to provide an assessment of both the banks liquidity and leverage position. Be as complete as possible given the above information, but do not use any irrelevant information.
4. Compare the performance of the banks based on shareholders point of view.