Civil Bank Limited (CBL) has posted rise in net profit of 29.64% 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 rise to Rs 21.69 crore in Q2 of the fiscal year 2074/75 from Rs 16.73 crore in the corresponding quarter of the previous fiscal year 2073/74. However, it has shown incredible increase in its operating profit of 17087.92% raising its profit from Rs 2.07 lakhs in Q2 of last fiscal year to Rs 3.55 crore in Q2 of current fiscal year.
Its deposit collection reached to Rs 37.008 arba where the bank floated loans of Rs 33.55 arba.
It has paid up capital of Rs 5.18 arba with Rs 1.73 arba in reserve. It has issued right share of 40%. After issuance of 40% right share, its paid up capital will reach Rs 7.25 arba. As per NRB’s directive for all commercial banks to increase their paid up capital to a minimum of Rs 8 arba , CBL should increase a further capital hike of Rs 75 crore (around 10%).
Its NPL stands high at 4.52%.
Its Earning per Share (EPS) stands at Rs 8.37 where net worth per share stands at Rs 133.56. It has P/E ratio of 21.57 times.
Major Highlights:
| Particulars (In Rs '000) |
CBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
5,185,222 |
4,583,806 |
13.12% |
| Reserve & Surplus |
1,739,999 |
1,428,083 |
21.84% |
| Deposits |
37,008,085 |
32,934,926 |
12.37% |
| Borrowings |
737,500 |
750,000 |
-1.67% |
| Loans & Advances |
33,553,568 |
29,505,072 |
13.72% |
| Net Interest Income |
578,402 |
549,366 |
5.29% |
| Provision for possible losses |
394,262 |
431,553 |
-8.64% |
| Operating Profit |
35,579 |
207 |
17087.92% |
| Net Profit |
216,946 |
167,339 |
29.64% |
| NPL (%) |
4.52 |
4.45 |
1.57% |
| Annualized EPS (In Rs.) |
8.37 |
7.30 |
14.61% |
| Net Worth per Share (In Rs.) |
133.56 |
131.15 |
1.83% |
| P/E Ratio (In times) |
21.57 |
- |
- |
However, Prabhu Bank Limited (PRVU) has stated massive decline in net profit of 42.92% 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 decreased to Rs 63.49 crore in Q2 of the fiscal year 2074/75 from Rs 1.11 arba in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 86.12 arba where the bank floated loans of Rs 71.63 arba.
Its borrowing has significantly increased to Rs 1.04 arba in Q2 of fiscal year 2074/75 from Rs 5.18 crore in the corresponding quarter last year.
It has paid up capital of Rs 6.53 arba with Rs 3.107 arba in reserve. It has ongoing 40% right share issue after which its paid up capital will reach to Rs 8.24 arba.
Its NPL stands high at 4.12%.
Its Earning per Share (EPS) stands at Rs 19.44 where net worth per share stands at Rs 147.56. It has P/E ratio of 11.58 times.
Major Highlights:
| Particulars (In Rs '000) |
PRVU |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
6,533,414 |
5,881,402 |
11.09% |
| Reserve & Surplus |
3,107,104 |
1,412,287 |
120.01% |
| Deposits |
86,128,037 |
70,216,567 |
22.66% |
| Borrowings |
1,042,875 |
51,860 |
1910.94% |
| Loans & Advances |
71,637,856 |
56,529,040 |
26.73% |
| Net Interest Income |
1,207,997 |
1,442,706 |
-16.27% |
| Provision for possible losses |
245,090 |
185,307 |
32.26% |
| Operating Profit |
595,530 |
934,476 |
-36.27% |
| Net Profit |
634,953 |
1,112,328 |
-42.92% |
| NPL (%) |
4.12 |
4.88 |
-15.57% |
| Annualized EPS (In Rs.) |
19.44 |
37.83 |
-48.61% |
| Net Worth per Share (In Rs.) |
147.56 |
124.01 |
18.99% |
| P/E Ratio (In times) |
11.58 |
- |
- |
Likewise, Machhapuchhre Bank Limited (MBL) has shown diminish in net profit by 17.98% 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 diminished to Rs 47.18 crore in Q2 of the fiscal year 2074/75 from Rs 57.53 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 65.79 arba where the bank floated loans of Rs 60.26 arba.
It has paid up capital of Rs 8.05 arba with Rs 1.44 arba in reserve.
Its NPL stands at 0.33%.
Its Earning per Share (EPS) stands at Rs 11.72 where net worth per share stands at Rs 118.00. It has P/E ratio of 22.87 times.
Major Highlights:
| Particulars (In Rs '000) |
MBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
8,055,693 |
4,666,430 |
72.63% |
| Reserve & Surplus |
1,449,914 |
2,423,893 |
-40.18% |
| Deposits |
65,798,373 |
58,240,221 |
12.98% |
| Borrowings |
1,699,305 |
341,816 |
397.14% |
| Loans & Advances |
60,265,569 |
51,853,541 |
16.22% |
| Net Interest Income |
1,066,486 |
1,121,089 |
-4.87% |
| Provision for possible losses |
141,421 |
107,420 |
31.65% |
| Operating Profit |
686,913 |
849,194 |
-19.11% |
| Net Profit |
471,876 |
575,310 |
-17.98% |
| NPL (%) |
0.33 |
0.35 |
-5.71% |
| Annualized EPS (In Rs.) |
11.72 |
24.66 |
-52.49% |
| Net Worth per Share (In Rs.) |
118.00 |
151.94 |
-22.34% |
| P/E Ratio (In times) |
22.87 |
16.3 |
40.31% |
