Sanima Bank Limited (SANIMA) has registered a net profit rise of 32.88 percent in the fourth quarter (Q4) of the fiscal year 2073/74.
Publishing the unaudited quarterly report for the fourth quarter today, the commercial bank has registered a net profit of Rs. 1.32 arba in the Q4 of fiscal year 2073/74, up from Rs. 1 arba in the corresponding quarter of fiscal year 2072/73.
Sanima Bank has a paid up capital of Rs 6.89 arba with reserve of Rs 2.19 arba in Q4 of the fiscal year 2073/74.
The commercial bank’s net interest income surged to Rs 2.29 arba in the fourth quarter compared to Rs 1.72 arba of the corresponding quarter of the previous fiscal year.
Sanima Bank has collected Rs.57.75 arba in deposits and mobilized Rs. 51.26 arba in loans in the fourth quarter of 2073/74 .The deposit and loan was Rs 46.34 arba and Rs 40.45 arba respectively in the corresponding quarter of fiscal year 2072/73.
The bank has an operating profit of Rs 2.04 arba in Q4 compared to Rs 1.72 arba in the corresponding quarter of the previous fiscal year.
The bank’s non-performing loan remains at 0.01 percent which is lowest among all commercial banks.
SANIMA’s annualized EPS remains at Rs 19.27 in Q4. Likewise, its net worth per share stands at Rs.131.76 and P/E ratio is 22.87 times.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Difference(%) |
| Paid Up Capital |
6,897,634.00 |
4,710,597.00 |
46.43 |
| Reserve and Surplus |
2,190,699.00 |
646,029.00 |
239.10 |
| Deposits |
57,754,054.00 |
46,344,181.00 |
24.62 |
| Loans and Advances |
51,265,494.00 |
40,455,087.00 |
26.72 |
| Net Interest Income |
2,294,500.00 |
1,722,878.00 |
33.18 |
| Provision |
132,043.00 |
134,538.00 |
(1.85) |
| Write Back |
3,391.00 |
15,999.00 |
(78.80) |
| Operating Profit |
2,042,014.00 |
1,476,839.00 |
38.27 |
| Net Profit |
1,329,381.00 |
1,000,429.00 |
32.88 |
| Capital Adequacy Ratio |
15.74 |
12.45 |
26.43 |
| NPL (%) |
0.01 |
0.02 |
(50.00) |
| Cost of Fund (%) |
5.35 |
3.82 |
40.05 |
| Interest Spread (%) |
3.97 |
4.40 |
(9.77) |
| EPS (Annualized) |
19.27 |
21.24 |
(9.25) |
| PE Ratio |
22.87 |
23.04 |
(0.74) |
| Networth Per Share |
131.76 |
143.47 |
(8.16) |
