All 3 State owned commercial bank enters in billionaire club in terms of net profit; Rastriya Banijya, Agriculture Dev Bank & Nepal Bank posted Rs 1.78, 1.02 & 1.63 arba respectively
Mon, Jan 29, 2018 12:28 PM on Latest, Featured, Stock Market,

Rastriya Banijya Bank Limited (RBB) has posted increment in net profit by 46.66% in the second quarter of the current fiscal year 2074/75.
As per the unaudited report published today, the commercial bank has stated that its net profit inclined to Rs 1.78 arba in Q2 of the fiscal year 2074/75 from Rs 1.21 arba in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 1.49 kharba (highest among commercial bank) where the bank floated loans of Rs 1.10 kharba.
It has paid up capital of Rs 8.58 arba with Rs 3.67 arba in reserve.
Its NPL stands at 3.11%.
Its Earning per Share (EPS) stands at Rs 41.59 where net worth per share stands at Rs 142.83.
RBB is yet to issue share to the general public, hence it is not tradeable in the secondary market.
Recently the bank has merged with NIDC Development bank in 1:1 swap ratio.
Major financial highlights:
Agriculture Development Bank Limited (ADBL) has also posted meager rise in net profit of 13.51% in the second quarter of the current fiscal year 2074/75.
As per the unaudited report published today, the commercial bank has stated that its net profit increased to Rs 1.02 arba in Q2 of the fiscal year 2074/75 from Rs 90.66 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection stands at Rs 98.17 arba where the bank floated loans of Rs 92.12 arba.
It has paid up capital of Rs 8.50 arba with massive Rs 8.92 arba in reserve.
Its NPL stands high at 3.95%.
Its Earning per Share (EPS) stands at Rs 24.20 where net worth per share stands at Rs 204.89. It has P/E ratio of 20.62 times.
Major financial highlights:
Nepal Bank Limited (NBL) has posted decline in net profit by 13.54% in the second quarter of the current fiscal year 2074/75.
As per the unaudited report published today, the commercial bank has stated that its net profit declined to Rs 1.63 arba in Q2 of the fiscal year 2074/75 from Rs 1.89 arba in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 91.89 arba where the bank floated loans of Rs 78.71 arba.
It has paid up capital of Rs 8.04 arba with Rs 5.04 arba in reserve.
Its NPL stands high at 3.23%.
Its Earning per Share (EPS) stands at Rs 40.74 where net worth per share stands at Rs 162.76. It has P/E ratio of 8.64 times.
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