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QUALITATIVE ANALYSIS.

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Added on  2019-09-30

QUALITATIVE ANALYSIS.

   Added on 2019-09-30

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Running head: QUALITATIVE ANALYSISKIWI BANK LIMITED & ASB BANKQualitative AnalysisStudent Name:Course work:University:
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QUALITATIVE ANALYSIS1IntroductionIn this present paper, we will do the comparative analysis of two banks of New Zealand. Namely, Kiwi Bank limited, and ASB Bank limited. The Qualitative analysis of both the banks isdone on the basis of Quantitative analysis. The qualitative analysis is defined as the evaluation ofperformance on the basis of available information. The analysis uses subjective judgment which is based on the unquantifiable information. The kiwi bank limited is the complete subsidiary of State-owned enterprise New Zealand post limited. The bank is owned by the government of New Zealand and the board of director of the bank was Jim Bolger who is the president of New Zealand, and present chairman is Rob Morrison (Deakins et al., 2015). The post office bank was started in 1867 then the post bank is sold to ANZ in the year 1989. The bank is originated from Alliance party which is the term of the Labour-led coalition government. The branches of banks are increased from 16 to 301. The banks have 51 percent shareholding in the homes loans of New Zealand. The ASB Bank is owned by the Commonwealth Bank of Australia. The bank provides various financial services such as business, funds management, retail, and rural banking. The banks are having long term relationship with Sanders design which is an Auckland branding design studio. The bank is known for its innovative technologies. Qualitative Analysis of Kiwi Bank1.Stockholder’s EquityIt is calculated by reducing the total liabilities from the total assets. It can also be determined by adding the share capital and retained earning minus treasury shares. The
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QUALITATIVE ANALYSIS2total equity of the company in the past five is very poor. The shareholder's equity is highly decreased in the year 2012 by 81,272% from the previous year 2011. Then in the year 2013, the equity is increased by 14.85%. In the year 2014, the equity is increased by 16.8%, but in the year 2015, the performance remains the same. The shareholder's equity inthe year 2016 is increased by 9.29% from the previous year 2015 which shows the financialposition of the company is average not satisfactory (AdgeiFrimpong et al., 2014). 2.Statement of Profit & LossThe net profit after tax in the year 2012 is decreased by 276% from the previous year 2011.The net profit in the year 2013 is increased by 25.31% from the previous year 2012. The net profit in the year 2014 is increased by 3% from the previous year 2013. The net profit in the year 2015 is increased by 27% from the previous year 2015. The net profit is decreased by 2.41% in the year 2016 from the previous year 2015 which shows that the company is unable to generate high profits. Thus, the financial position is not satisfactory. 3.Comparative AnalysisThe assets side of the balance sheet shows total assets which comprise of current assets andfixed assets. The net loans and advances are increased in the year 2016 by 1.39% from the previous year 2015. The cash and short-term funds are increased by 3.36% in the year 2016from the previous year 2015. The investment securities are decreased by 35% in the year 2016 from the previous year 2015. The fixed assets are increased by 9.09% in the year 2016 from the previous year 2015. In the liability side, the retail deposits are increased by 4% in the year 2016 from the year 2015. The wholesale deposits, total deposits are increased and other liabilities and provisions are decreased by 9.77% (Salmona et al., 2015).
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