Paper Contents
Abstract
Abstract:An enterprises operational performance and past financial positions are estimated through the judgmental process of financial statement analysis, with the main goal being to arrive at the most accurate estimations and forecasts for the circumstances of the future. It basically entails gathering and analysing data from financial statements to identify patterns and shed light on the banks strong and weak points. This information can be helpful when making decisions that involve comparing a bank performance over time to that of other banks and to that of other firms. Financial analysis can be undertaken by management of the bank, orby parties outside of the bank, viz., owners, trade creditors, lenders, investors, labour unions, analysts and others. The nature of the analysis will depend on the purpose of the analyst. Analysis of financial statements reveals important facts concerning managerial performance and the efficiency of the bank.Key Words: Operational Performance, Financial Position, Estimation, Forecasts, Data Gathering, Data Analysis.
Copyright
Copyright © 2024 Sai Sushmitha Sammeta. This is an open access article distributed under the Creative Commons Attribution License.
