Bank of Kathmandu registers a profit of Rs 1.33 arba: EPS has decreased by 11.47%
Wed, Aug 15, 2018 9:47 AM on Financial Analysis, Latest, Stock Market,
Bank of Kathmandu has published a Q4 report of the fiscal year 2074/2075. As per the Nepal Financial Reporting Standards (NRFS) paid-up capital has increased from Rs 5.62 arba to Rs 7.07 arba this quarter comparing to the corresponding quarter of last fiscal year. The paid-up capital is still short by 13% to meet the minimum requirement of paid-up set by the NRB for commercial banks.
The operating profit and Net Profit stands at Rs 2.17 arba and Rs 1.33 arba and growth in all other financials are not very attractive. However the growth in free profit is 18.01%, though the operating profit and Net profit has the minimal growth.
Particulars (in 000) |
Q4 of 2074/2075 |
Q4 of 2073/2074 |
Difference |
---|---|---|---|
Paid-Up capital |
7072896 |
5629576 |
25.64% |
Reserve &Surplus |
6352965 |
4918130 |
29.17% |
Loan & Advances |
68865152 |
62119176 |
10.86% |
Deposit |
77304892 |
72922285 |
6.01% |
Net Interest Income |
3110436 |
2676638 |
16.21% |
Operating Profit |
2174467 |
1902584 |
14.29% |
Net Profit |
1333795 |
1315164 |
1.42% |
Free Profit after Regulatory adjustment |
1548668 |
1312350 |
18.01% |
Key Financial ratios
NPL to total loan | 1.32% | 1.29% | 2.33% |
---|---|---|---|
Diluted Annualized EPS | 21.91 | 24.75 | -11.47% |
Net Worth Per Share | 189.82 | 187.36 | 1.31% |
ROA | 1.40% | 1.53% | -8.50% |
Decrement in EPS and ROA is comparatively large that shows company's poor profit generating ability.
The LTP of the Bank of Kathmandu’s stock stands at Rs 262 and the latest P/E ratio is 11.95 times.