Bank of Kathmandu Q4 result: profit rises by 46.70% with EPS of Rs 24.04 and has 16% dividend distribution capacity

Bank of Kathmandu Limited (BOKL) has published an improved fourth quarter report for FY 2075/76 with 46.70% outstanding growth in net profit.

The bank’s profit has increased from Rs 1.32 arba in the fourth quarter of the fiscal year 2074/75 to Rs 1.93 arba in the fourth quarter of the fiscal year 2075/76.

The bank’s deposit from customers increased by 7.83% to Rs 82.93 arba and also loans and advances to customers stands rises by 9.04% to Rs 71.73 arba till the fourth quarter. The net interest income (core business income) of the bank has increased by 23.38% to Rs 3.77 arba from Rs 3.05 arba of the corresponding quarter.

In the same quarter, the bank has Rs 1.30 arba as distributable profit after Regulatory Adjustments and PL appropriations which can be utilized in distributing dividends to its shareholders. This means BOKL can distribute maximum 16% (approx.) dividend from the last year profit if other regulatory requirements are not required.

The bank’s paid up capital stands at Rs 8.06 arba with Rs 5.94 arba as its reserve and surplus. The Non-Performing Loan (NPL) has also slightly decreased to 1.5% from 1.82%.

In the fourth quarter, the EPS of the bank stands at Rs 24.04. The net worth per share stands at Rs 173.72 and qtr end PE ratio stands at 10.60 times.

Click Here for Q4 report:

Major Highlights:

* Figure are of Immediate Previous Year Ending (Audited)

* Published EPS, Networth and PE may differ. As per NFRS standard, Weighted average number of shares is taken while calculating EPS, Networth and PE but we have taken number of shares as per Q4 end paid up capital.