Catch the major financial highlights of 6 development banks; See the status of SBBLJ, MIDBL, KADBL, HAMRO, KNBL and MDB as per the fourth quarter report

Sahayogi Vikas Bank Limited (SBBLJ) has posted a fall in its profit in the fourth quarter of the fiscal year 2074/75. It has posted a slight 8.44% decrease in its net profit in the fourth quarter of the fiscal year 2074/75.

According to the unaudited financial report published by the development bank today, its net profit has slide down to Rs 11.95 crore in fourth quarter, from Rs 13.05 crore in the corresponding quarter of the last fiscal year 2073/74. The operating profit has also decreased by 27.79% to Rs 13.12 crore from Rs 18.17 crore as compared to the corresponding quarter of last fiscal year.

SBBLJ has also decreased its net interest income by 10.68% to Rs 22.40 crore. Its deposit collection has reached Rs 3.75 arba in Q4. Likewise, it has extended loans and advances of Rs 2.94 arba in Q4 whereas in the same period last year the figure stood at Rs 2.73 arba.

Its non-performing loan has declined to 0.31 percent in Q4 from 0.88 percent in the previous year report.

Earning per share (EPS) of SBBLJ stands at Rs 21.96, net worth per share at 143.92, and P/E ratio at 8.10 times.

Mission Development Bank Limited (MIDBL) has registered a decline in profit by 8.882 percent in the fourth quarter of the fiscal year 2074/75.

According to the unaudited financial report published by development bank today, its net profit has decreased to Rs 7.69 crore in fourth quarter, from Rs 8.43 crore in the corresponding quarter of the last fiscal year 2073/74. The operating profit has also decreased to Rs 12.08 crore from Rs 13.25 crore as compared to the corresponding quarter of last fiscal year.

It now has deposits of Rs 4.05 arba with floated loans worth Rs 3.33 arba. In the same period last year, the figures stood at only Rs 2.75 arba and Rs 2.42 arba respectively. With this, it has been able to increase its net interest income to Rs 18.60 crore.

Its non-performing loan has slightly decreased to 0.19 percent in Q4 from 0.22 percent in the previous year report.

Earnings per share (EPS) of MIDBL now stands at Rs 14.81, net worth per share at Rs 123, and the P/E ratio as of the end of Q4 at 11.94 times.

Currently, it’s paid up capital remains at Rs 51.92 crore with reserve of Rs 11.94 crore.

Kanchan Development Bank Limited (KADBL) has registered a slight increase in net profit of 5.37% in the fourth quarter of the FY 2074/75.

According to the unaudited financial report published by the development bank today, its net profit has increased to Rs. 7.74 crore in fourth quarter, from Rs. 7.34 crore in the corresponding quarter of the previous fiscal year.

KADBL’s net interest income has risen to Rs 18.77 crore in Q4 as compared to Rs.16.49 crore in the corresponding quarter of the last fiscal year.

As of Q4, it has a paid up capital of Rs 50.60 crore with a reserve of Rs 12.63 crore.

The bank also collected deposits of Rs 4.002 arba in Q4, up from Rs 2.82 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 3.35 arba in Q4 whereas in the same period last year, the figure stood at Rs. 2.30 arba.

KADBL’s annualized Earning per Share (EPS) stands at Rs 15.30 per share. Its Net worth per share stands at Rs 124.96 and P/E ratio at 13.33 times.

Hamro Bikas Bank Limited (HAMRO) has earned net profit of Rs 5.45 crore till the end of fourth quarter of the fiscal year 2074/75.

As per the quarterly unaudited financial statement released by the bank, its net profit has increased by 25.19% as compared to the last quarter of last year. In this period, it has been able to increase its net interest income by to Rs 11.29 crore.

Its deposit base has reached Rs 1.83 arba, up 46.31% from Rs 1.25 arba last year. Likewise, it has floated loans worth Rs 1.66 arba till Q4 this year whereas in the last year, the figure stood at Rs 1.12 arba. It has been able to reduce its non-performing loans (NPL) to 0.12% from 0.16% posted in the same period last year.

Its paid up capital at the end of Q4 stands at Rs 49.22 crore with a reserve of Rs 9.47 crore.

Its annualized EPS now stands at Rs 11.09, net worth per share at Rs 118.84 and P/E ratio at 11.99 times.

Kankai Bikas Bank Limited (KNBL) earns comparatively lower in the fourth quarter of the FY 2074/75.

As per the unaudited financial report published today, its net profit has dropped down by 15.08% as compared to last year’s report. Its net profit now stands at Rs 4.45 crore. Its operating income has also significantly decreased by 15.08% to Rs 3.87 crore.

As of Q4, Kankai Bank’s deposit base increased to Rs 1.88 arba. Out of this, it has floated loans of Rs 1.65 arba. With increase in floated loans, it has been able to increase its net interest income by 20.12% to Rs 12.84 crore. Its paid up capital now stands at Rs 50 crore with a reserve of Rs 9.009 crore.

Its annualized EPS has now reached Rs 8.91, net worth per share at Rs 118.02 with P/E ratio of 15.03.

Miteri Development Bank Limited (MDB) has reported decrease in net profit by 6.75% in the fourth quarter of the fiscal year 2074/75.

As per the report published in newspaper, the development bank has stated that its net profit decreased to Rs 11.29 crore in Q4 from Rs 12.11 crore reported in the corresponding quarter of the previous fiscal year 2073/74.

It has collected deposits of Rs 3.81 arba and floated loans of Rs 3.08 arba in Q4 of fiscal year 2074/75.

It’s paid up capital remains at Rs 50.00 crore and has reserve of Rs 19.93 crore.

The development bank’s non-performing loan (NPL) increased to 0.05% from 0%.

Its annualized Earning Per Share (EPS) now stands at Rs 22.59, net worth per share at Rs 139.86 and P/E ratio at 17.75 times.