Civil Bank's operating profit increases by 65.53%; See the major highlights of the Q4 report
Wed, Aug 15, 2018 11:08 AM on Financial Analysis, Latest, Stock Market,
Civil Bank (CBL) has published its fourth quarter report based on the Nepal Financial Reporting Standards (NFRS). The bank has reported a huge increase in the operating profit by 65.53% in the fourth quarter of the fiscal year 2074/75 however the Net Profit has shown a growth of 13.55%.
The bank’s Operating profit has increased from Rs 50.79 crore in the fourth quarter of the fiscal year 2073/74 to Rs 84.08 crore in the fourth quarter of the fiscal year 2074/75. According to the report company’s net profit stands at Rs 68.33 crore.
The bank’s deposit has increased by 16.81% to Rs 40.02 arba and loans and advances has increased by 33% to Rs 40.04 arba in the this quarter. As shown in the table below
|
Particulars (in 000) |
Q4 of 2074/2075 |
Q4 of 2073/2074 |
Difference |
|---|---|---|---|
|
Paid-Up capital |
8,003,390 |
5,185,222 |
54.35% |
|
Reserve &Surplus |
2,228,948 |
2,292,450 |
-2.77% |
|
Loan & Advances |
40,471,235 |
30,429,563 |
33.00% |
|
Deposit |
40,026,959 |
34,265,622 |
16.81% |
|
Net Interest Income |
1,423,392 |
1,308,681 |
8.77% |
|
Operating Profit |
840,804 |
507,939 |
65.53% |
|
Net Profit |
683,339 |
601,798 |
13.55% |
|
Free Profit after Regulatory adjustment |
655,783 |
348,280 |
88.29% |
The bank’s paid up capital stands at Rs 8 arba with Rs 2.22 arba as its reserve.
Key Financial ratios
|
NPL to total loan |
2.65% |
3.96% |
-33.08% |
|---|---|---|---|
|
Diluted Annualized EPS |
12.2 |
9.98 |
22.24% |
|
Net Worth Per Share |
127.85 |
144.21 |
-11.34% |
|
ROA |
1.22% |
1.40% |
-12.86% |
The Non-Performing Loan (NPL) has decreased to 2.65% from 3.96%. In the fourth quarter, the EPS of the bank stands at Rs 12.2. The LTP of the share stands at Rs 151. The P/E ratio of the Civil Bank is 12.37 times.
