Earnings Report /
Sri Lanka

Commercial Bank Of Ceylon: 2Q CY21 - Improved credit growth, higher NII, drove profitability

  • Strong NII supports bottom line in a semi-lockdown quarter

  • Loan growth comes ahead of estimates, and we increase CY21E forecast

  • Maintain TP for COMB at LKR 105.00/share and COMBX at LKR 87.00/share

Kavinda Perera
Kavinda Perera

Head of Research

Asia Securities
16 August 2021
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