Decent performance of Standard Chartered Bank in the first quarter; EPS reaches Rs 31.41 with Net worth per share at Rs 184.74
Tue, Nov 13, 2018 10:59 AM on Financial Analysis, Stock Market, Latest,
Standard Chartered Bank Nepal (SCB) has reported rise in the comprehensive profit in the first quarter of the fiscal year 2075/76. The comprehensive profit has increased by 33.15% in the first quarter and the free profit has increased by 24.05% as compared to the corresponding quarter.
The bank’s comprehensive profit has increased from Rs 47.24 crore in the first quarter of the fiscal year 2074/75 to Rs 62.89 arba in the first quarter of the fiscal year 2075/76. In the first quarter of the FY 2075/76, the bank has Rs 58.45 crore as Free Profit after Regulatory Adjustments which can be utilized in distributing dividends to its shareholders.
The bank’s deposit has decreased to Rs 65.47 arba while loans and advances have increased by 18.44% to Rs 48.36 arba in the first quarter.
The net interest income of the bank has increased to Rs 84.23 crore from Rs 75.07 crore of the corresponding quarter.
The bank’s paid up capital stands at Rs 8.01 arba with Rs 6.78 arba as its reserve.
The Non-Performing Loan (NPL) has increased to 0.21% from 0.18%.
In the first quarter, the EPS of the bank stands at Rs 31.41. The net worth per share stands at Rs 184.74.
Major Highlights:
|
Particulars (In Rs '000) |
SCB |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
8,011,431 |
4,005,715 |
100.00% |
|
Reserve & Surplus |
6,789,101 |
8,471,517 |
-19.86% |
|
Deposits |
65,470,922 |
71,421,579 |
-8.33% |
|
Borrowings |
- |
- |
- |
|
Loans & Advances |
48,364,803 |
40,835,282 |
18.44% |
|
Net Interest Income |
842,368 |
750,743 |
12.20% |
|
Operating Profit |
905,905 |
714,570 |
26.78% |
|
Net Profit |
634,133 |
500,207 |
26.77% |
|
Total Comprehensive Income after Share of NCI |
628,999 |
472,411 |
33.15% |
|
Add/ Less: Regulatory adjustment as per NRB |
(49,600) |
(29,008) |
70.99% |
|
Free Profit/ (Loss) after Regulatory Adjustments |
584,534 |
471,200 |
24.05% |
|
NPL |
0.21 |
0.18 |
16.67% |
|
Annualized EPS (In Rs.) |
31.41 |
47.17 |
-33.43% |
|
Net Worth per Share (In Rs.) |
184.74 |
311.49 |
-40.69% |
|
P/E Ratio (In times) |
22.33 |
- |
- |
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