ABSTRACT

This study explores the application ofaccounting ratiosfor inter-comparison ofperformance of Polaris and Guaranty Trust Bank during the period of2009-2018. Secondary data was used to do this research work, with t-statistical analytical technique was usedfor analysis. The findings of the study show the positive behaviour ofthe financial position for Polaris and Guaranty Trust Bank and some oftheir financial factors variables influence the financial performance for the bank. Then, it isfound that the result shows that there is no significant difference between the liquidity positions ofthe two banks Polaris and Guaranty Trust Bank is improving in terms of liquidity ratios, assets, quality ratios or credit performance, profitability ratios (NPM, ROA, ROE), the study also found that there is significant variability in the profitability level ofthe two banks. Based on thefinding made in this work, it was concluded that there is significant difference in the activity, performance andprofitability ofthe selected banks, this indicates that the banks have performance levels which are differentfrom each other. Financial ratios are veritable tool for studying and comparingfirms'performance. This study suggests that bank managers should endeavor to maintain the reliability offinancial reports oftheirfirms because they serve as a platform for computing and determining the stance of the institutions, it is important for the financialstatement ofthe banks to always give afaithfulrepresentation ofthe banks'performance in all aspects.