Citizens Bank International Limited (CZBIL) has reported 12.01 percent rise in profit for the fourth quarter of the last fiscal year 2073/74.
As per the unaudited report for the fourth quarter published today, the bank’s net profit rose to Rs 1.21 arba in the fourth quarter of fiscal year 2073/74, up from Rs 1.08 arba reported in the same quarter of the fiscal year 2072/73. The bank has posted an operating profit of 1.25 arba.
Citizens Bank mobilized Rs 52.71 arba in deposit in the fourth quarter and extended a total of Rs 48.07 arba in loans. In the corresponding quarter of fiscal year 2072/73, the bank deposits stood at Rs 47.39 arba and loan and advances at 40.56 arba.
Its net interest income surged to Rs 1.75 arba in Q4 up from Rs 1.62 arba in the corresponding quarter.
CZBIL non-performing loans (NPL) stood at 1.28 percent, its paid up capital remains at Rs 6.92 arba in Q4.The bank reported a CD ratio of 77.42 percent. The bank reserve and surplus increased to Rs.2.52 arba in Q4 up from Rs 91.18 crore in last quarter, rises by 179.55 percent.
The bank’s Earning Per Share (EPS ) stands at Rs 17.48, net worth per share is valued at Rs 136.51 and P/E ratio at 23.05 times.
Major Highlights:
|
Citizens Bank International |
|
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Difference(%) |
| Paid UpCapital |
6,924,690 |
4,401,315 |
57.332 |
| Reserve and Surplus |
2,527,163 |
903,982 |
179.559 |
| Deposits |
52,718,581 |
47,393,501 |
11.236 |
| Loans and Advances |
48,077,612 |
40,565,821 |
18.518 |
| Net Interest Income |
1,750,382 |
1,616,767 |
8.264 |
| Provision |
313,409 |
355,120 |
-11.746 |
| Write Back |
901,375 |
431,739 |
108.778 |
| Operating Profit |
1,249,542 |
1,126,097 |
10.962 |
| Net Profit |
1,210,178 |
1,091,767 |
10.846 |
| Capital Adequacy Ratio |
16.91 |
12.40 |
36.371 |
| NPL |
1.28 |
1.38 |
-7.246 |
| Base Rate |
11.17 |
3.68 |
203.533 |
| Cost of Fund |
8.00 |
4.41 |
81.406 |
| CD Ratio (as per NRB) |
77.42 |
12.40 |
524.355 |
| EPS (Annualized) |
17.48 |
|
|
| PE Ratio |
23.05 |
|
|
| Networth Per Share |
136.51 |
|
|
