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.
JOHN, R (2024). Application of Accounting Ratios as a tool for Inter-comparison (Guaranty Trust and Polaris Bank in Nigeria:- John Chiamaka R. Mouau.afribary.org: Retrieved Sep 08, 2024, from https://repository.mouau.edu.ng/work/view/application-of-accounting-ratios-as-a-tool-for-inter-comparison-guaranty-trust-and-polaris-bank-in-nigeria-john-chiamaka-r-7-2
REBECCA, JOHN. "Application of Accounting Ratios as a tool for Inter-comparison (Guaranty Trust and Polaris Bank in Nigeria:- John Chiamaka R" Mouau.afribary.org. Mouau.afribary.org, 26 Jul. 2024, https://repository.mouau.edu.ng/work/view/application-of-accounting-ratios-as-a-tool-for-inter-comparison-guaranty-trust-and-polaris-bank-in-nigeria-john-chiamaka-r-7-2. Accessed 08 Sep. 2024.
REBECCA, JOHN. "Application of Accounting Ratios as a tool for Inter-comparison (Guaranty Trust and Polaris Bank in Nigeria:- John Chiamaka R". Mouau.afribary.org, Mouau.afribary.org, 26 Jul. 2024. Web. 08 Sep. 2024. < https://repository.mouau.edu.ng/work/view/application-of-accounting-ratios-as-a-tool-for-inter-comparison-guaranty-trust-and-polaris-bank-in-nigeria-john-chiamaka-r-7-2 >.
REBECCA, JOHN. "Application of Accounting Ratios as a tool for Inter-comparison (Guaranty Trust and Polaris Bank in Nigeria:- John Chiamaka R" Mouau.afribary.org (2024). Accessed 08 Sep. 2024. https://repository.mouau.edu.ng/work/view/application-of-accounting-ratios-as-a-tool-for-inter-comparison-guaranty-trust-and-polaris-bank-in-nigeria-john-chiamaka-r-7-2