An internship report on Mutual Trust Bank Ltd. PLC's financial performance analysis

Abstract

Mutual Trust Bank PLC (MTB) is a third generation private commercial bank, based in Dhaka, Bangladesh and has been adjudged as the Best Financial Institution of 2014 at the DHL-Daily Star Business Awards 2015. Earlier, MTB had also received the first-ever best ―SME Bank of the Year‖ and best ―Women Entrepreneurs‘ Friendly Bank of the Year‖ by Bangladesh Bank and SME Foundation. MTB has recently been awarded the Best Presented Annual Report-2018 (3rd position) in the Private Banks category by The Institute of Chartered Accountants of Bangladesh (ICAB). MTB aspires to be one of the most admired banks in the nation and recognized as an innovative and client-focused company. With our current network of 119 branches & 33 Sub branches, 200 Agent Banking Centers, 18 kiosks, 310 modern ATMs including 6 CRM Booths, 4 Air Lounges, over 3,220 Point of Sales (POS) machines, located in prime commercial, urban and rural areas, MTB offers fully integrated real time Online Banking Services, Internet and SMS Banking to its clientele, through a dedicated team of experienced Relationship Managers and Alternate Delivery Channels (ADC). This report has organized in five chapters. In this report introduction part has been discussed in chapter one. Introduction of the study, background, origin, objective, methodology and limitations of the study are discussed in chapter one In the second chapter over view of MTB Limited has been discussed. This chapter contains company‘s background, mission, vision, values, products services and business. Third chapter includes theoretical knowledge, financial tools, measurement techniques and the application of financial performance as like discussed about trend analysis, common size income statement, common size balance sheet and ratio analysis. The report's fourth chapter, which includes a financial performance analysis, is a very important section. It involves performing ratio analysis (Liquidity, Activity, Debt, Profitability), common size income statement, and trend analysis (revenue, operational profit, profit after tax, total assets, and liabilities). The analysis produced certain conclusions that are based on the results, which are fairly satisfying. In the final four or five chapters, there are some recommendations for enhancing financial performance. And this chapter provides an overview of all conclusion.