Everest Bank Limited (EBL) has posted increment in net profit by 17.34% 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 inclined to Rs 1.14 arba in Q2 of the fiscal year 2074/75 from Rs 97.15 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 1.03 kharba where the bank floated loans of Rs 84.73 arba.
It has paid up capital of Rs 8.02 arba (including 33% bonus shares from the net profit of FY 2073/74 but excluding preference shares of worth Rs 8 crore) with Rs 5.19 arba in reserve.
Its NPL stands at 0.25%.
Its Earning per Share (EPS) stands at Rs 28.41 where net worth per share stands at Rs 164.76. It has P/E ratio of 31.93 times.
Major Highlights:
| Particulars (In Rs '000) |
EBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
8,026,863 |
4,606,427 |
74.25% |
| Reserve & Surplus |
5,198,410 |
4,897,755 |
6.14% |
| Deposits |
103,299,183 |
90,436,607 |
12.01% |
| Borrowings |
23,176 |
7,500 |
209.01% |
| Loans & Advances |
84,736,492 |
72,618,124 |
16.69% |
| Net Interest Income |
2,098,042 |
1,766,633 |
18.76% |
| Provision for possible losses |
80,294 |
96,570 |
-16.85% |
| Operating Profit |
1,775,805 |
1,486,793 |
19.44% |
| Net Profit |
1,140,081 |
971,575 |
17.34% |
| NPL (%) |
0.25 |
0.7 |
-64.29% |
| Annualized EPS (In Rs.) |
28.41 |
42.18 |
-32.66% |
| Net Worth per Share (In Rs.) |
164.76 |
206.32 |
-20.14% |
| P/E Ratio (In times) |
31.93 |
44.84 |
-28.79% |
Global IME Bank Limited (GBIME) has also posted meager rise in net profit of 5.15% 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 increased to Rs 95.29 crore in Q2 of the fiscal year 2074/75 from Rs 90.62 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection crossed to Rs 1 kharba where the bank floated loans of Rs 88.04 arba.
It has paid up capital of Rs 8.88 arba with Rs 3.36 arba in reserve.
Its NPL stands at 1.61%.
Its Earning per Share (EPS) stands at Rs 21.44 where net worth per share stands at Rs 137.91. It has P/E ratio of 14.69 times.
Major Highlights:
| Particulars (In Rs '000) |
GBIME |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
8,888,378 |
7,158,550 |
24.16% |
| Reserve & Surplus |
3,369,346 |
2,461,376 |
36.89% |
| Deposits |
100,214,310 |
84,126,676 |
28.63% |
| Borrowings |
2,246,790 |
2,100,000 |
6.99% |
| Loans & Advances |
88,044,263 |
71,516,372 |
23.11% |
| Net Interest Income |
1,729,440 |
1,678,581 |
3.03% |
| Provision for possible losses |
207,636 |
270,934 |
-23.36% |
| Operating Profit |
1,171,597 |
1,176,781 |
-0.44% |
| Net Profit |
952,900 |
906,209 |
5.15% |
| NPL (%) |
1.61 |
1.61 |
0.00% |
| Annualized EPS (In Rs.) |
21.44 |
25.32 |
-15.31% |
| Net Worth per Share (In Rs.) |
137.91 |
134.38 |
2.62% |
| P/E Ratio (In times) |
14.69 |
16.69 |
-11.98% |
