All 28 commercial banks of Nepal have published their financial statements till the end of second quarter of the current fiscal year FY2074/75. It is the matter of interest of all the investors to analyze the important fundamentals of the commercial banks. Thus, for an ease to investors and all visitors of our website, we have compiled a table with major fundamentals factors like paid-up capital, reserves, net profit, earnings per share (EPS), net worth per share and Price-To-Earnings ratio (P/E ratio) of Q2 of the FY 2074/75 and Q2 of the FY 2073/74 in the below table:
(Note: Table is sorted in descending order of the banks' Q2 2074/75 EPS. For P/E ratio, Market Price Per Share as on Jan 29, 2018 is taken into consideration.)
From the above table, it is concluded that
Nabil Bank Limited (NABIL),
Rastriya Banijya Bank (RBB) and
Nepal Bank Limited (NBL) topped the table in terms of EPS with Rs 45.71, Rs 41.63 and Rs 40.76 respectively.
Likewise,
Nepal Investment Bank Limited (NIB) and
NMB Bank Limited (NMB) whose EPS ranges above Rs 30.
Similarly, 8 Commercial banks:
Everest Bank Limited (EBL),
Himalayan Bank Limited (HBL),
Standard Chartered Bank Nepal Limited (SCB),
Agricultural Development Bank Limited (ADBL),
Nepal SBI Bank Limited (SBI),
Global IME Bank Limited (GBIME) and
Sanima Bank Limited (SANIMA) succeeded to maintain EPS of more than Rs 20.
Likewise, EPS of 12 banks (around 42.85% of the total banks) lies between Rs 10 to Rs 20.
Meanwhile,
Century Commercial Bank Limited (CCBL),
Janata Bank Nepal Limited (JBNL) and
Civil Bank Limited (CBL) stood at the bottom of the table with EPS of Rs 8.48, Rs 6.79 and Rs 5.98 only.
In terms of Net worth, ADBL has highest net worth of Rs 204.82 and P/E ratio of NBL is lowest among all banks with 8.73 times only.
In conclusion, 21 commercial banks succeed to soar their net profit in Q2 FY 2074/75 with respect to Q2 FY 2073/74 whereas net profit of 7 banks decreased in the period. Capital hike to Rs 8 arba seems to have a vital effect behind diminishing of EPS and Net worth of the banks. Further 7 commercial banks still have not increased their paid-up capital to Rs 8 arba, which will shrink their EPS even further.
Also See:
Commercial Banks' AGM Status of FY 2073/74; 40% of A Class banks yet to conduct their last year AGM
See the net profit of 28 commercial banks as of Q2 of FY2074/75; NABIL & Nepal Investment make it to the top
(Note: Table is sorted in descending order of the banks' Q2 2074/75 EPS. For P/E ratio, Market Price Per Share as on Jan 29, 2018 is taken into consideration.)
From the above table, it is concluded that Nabil Bank Limited (NABIL), Rastriya Banijya Bank (RBB) and Nepal Bank Limited (NBL) topped the table in terms of EPS with Rs 45.71, Rs 41.63 and Rs 40.76 respectively.
Likewise, Nepal Investment Bank Limited (NIB) and NMB Bank Limited (NMB) whose EPS ranges above Rs 30.
Similarly, 8 Commercial banks: Everest Bank Limited (EBL), Himalayan Bank Limited (HBL), Standard Chartered Bank Nepal Limited (SCB), Agricultural Development Bank Limited (ADBL), Nepal SBI Bank Limited (SBI), Global IME Bank Limited (GBIME) and Sanima Bank Limited (SANIMA) succeeded to maintain EPS of more than Rs 20.
Likewise, EPS of 12 banks (around 42.85% of the total banks) lies between Rs 10 to Rs 20.
Meanwhile, Century Commercial Bank Limited (CCBL), Janata Bank Nepal Limited (JBNL) and Civil Bank Limited (CBL) stood at the bottom of the table with EPS of Rs 8.48, Rs 6.79 and Rs 5.98 only.
In terms of Net worth, ADBL has highest net worth of Rs 204.82 and P/E ratio of NBL is lowest among all banks with 8.73 times only.
In conclusion, 21 commercial banks succeed to soar their net profit in Q2 FY 2074/75 with respect to Q2 FY 2073/74 whereas net profit of 7 banks decreased in the period. Capital hike to Rs 8 arba seems to have a vital effect behind diminishing of EPS and Net worth of the banks. Further 7 commercial banks still have not increased their paid-up capital to Rs 8 arba, which will shrink their EPS even further.
Also See:
Commercial Banks' AGM Status of FY 2073/74; 40% of A Class banks yet to conduct their last year AGM
See the net profit of 28 commercial banks as of Q2 of FY2074/75; NABIL & Nepal Investment make it to the top
