COMB.X0000 Stock Overview

Provides various commercial banking products and services in Sri Lanka, Bangladesh, Myanmar, and Maldives. More details

COMB.X0000 fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	5/6
Financial Health	4/6
Dividends	3/6

Rewards

Price-To-Earnings ratio (6.3x) is below the LK market (10.7x)

Earnings grew by 65.3% over the past year

Risk Analysis

Unstable dividend track record

Shareholders have been diluted in the past year

My Notes

Capture your thoughts, links and company narrative

Commercial Bank of Ceylon PLC Competitors

Hatton National Bank

COSE:HNB.N0000

LK₨193.2b

Sampath Bank

COSE:SAMP.N0000

LK₨146.0b

National Development Bank

COSE:NDB.N0000

LK₨55.0b

Nations Trust Bank

COSE:NTB.N0000

LK₨64.5b

Price History & Performance

Summary of share price highs, lows and changes for Commercial Bank of Ceylon
Historical stock prices
Current Share Price	LK₨127.75
52 Week High	LK₨128.75
52 Week Low	LK₨67.50
Beta	0.97
1 Month Change	18.56%
3 Month Change	50.47%
1 Year Change	76.05%
3 Year Change	92.76%
5 Year Change	89.04%
Change since IPO	1,874.53%

Recent updates

Shareholder Returns

	COMB.X0000	LK Banks	LK Market
7D	8.3%	7.2%	3.4%
1Y	76.1%	85.9%	52.4%

Return vs Industry: COMB.X0000 underperformed the LK Banks industry which returned 85.9% over the past year.

Return vs Market: COMB.X0000 exceeded the LK Market which returned 52.4% over the past year.

Price Volatility

Is COMB.X0000's price volatile compared to industry and market?
COMB.X0000 volatility
COMB.X0000 Average Weekly Movement	3.3%
Banks Industry Average Movement	4.4%
Market Average Movement	4.9%
10% most volatile stocks in LK Market	7.8%
10% least volatile stocks in LK Market	3.3%

Stable Share Price: COMB.X0000 has not had significant price volatility in the past 3 months compared to the LK market.

Volatility Over Time: COMB.X0000's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1920	5,385	Sanath Chandima Manatunge	www.combank.lk

Commercial Bank of Ceylon PLC provides various commercial banking products and services in Sri Lanka, Bangladesh, Myanmar, and Maldives. It operates through Personal Banking, Corporate Banking, International Operations, Dealing/Treasury, and NBFI, Real Estate & Services segments. The company offers current savings, money market, investment, and foreign currency accounts; fixed and investment deposits; treasury bonds and bills; and credit, debit, and prepaid cards.

Commercial Bank of Ceylon PLC Fundamentals Summary

How do Commercial Bank of Ceylon's earnings and revenue compare to its market cap?
COMB.X0000 fundamental statistics
Market cap	LK₨238.97b
Earnings (TTM)	LK₨37.99b
Revenue (TTM)	LK₨118.19b

6.3x

P/E Ratio

0.9x

P/B Ratio

Is COMB.X0000 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
COMB.X0000 income statement (TTM)
Revenue	LK₨118.19b
Cost of Revenue	LK₨4.38b
Gross Profit	LK₨113.81b
Other Expenses	LK₨75.82b
Earnings	LK₨37.99b

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	23.60
Gross Margin	96.29%
Net Profit Margin	32.14%
Debt/Equity Ratio	76.9%

How did COMB.X0000 perform over the long term?

See historical performance and comparison

Dividends

2.9%

Current Dividend Yield

16%

Payout Ratio

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2025/01/22 19:26
End of Day Share Price	2025/01/22 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Commercial Bank of Ceylon PLC is covered by 5 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
null null	CT CLSA Securities
Murad Ansari	EFG-Hermes Research
Atchuthan Srirangan	First Capital Holdings PLC