Global IME earns Rs 1.44 arba net profit in the third quarter; EPS and Net worth at Rs 21.67 and Rs 143.44 respectively
Mon, Apr 23, 2018 12:32 AM on Financial Analysis, Latest, Stock Market,
Global IME Bank Limited (GBIME) has registered a profit fall of 2.12 percent in the third quarter of the current fiscal year 2074/75.
According to the unaudited financial report published by the commercial bank today, its net profit has reached Rs 1.44 arba in third quarter down from Rs 1.47 arba in the corresponding quarter of the last fiscal year 2073/74. The operating profit has decreased to Rs 1.81 arba from Rs 1.96 arba as compared to the corresponding quarter of last fiscal year.
Global IME Bank’s net interest income has also fallen to Rs 2.61 arba in the third quarter as compared to Rs 2.65 arba in the corresponding quarter. Its paid up capital and reserves remains at Rs 8.88 arba and 3.86 arba respectively.
The bank also amassed huge amount of deposits in the Q3 of the ongoing fiscal year. Deposits collection have reached Rs 1.02 kharba in Q3 this year from Rs 85.81 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 89.06 arba in Q3 whereas in the same period last year the figure stood at Rs 73.13 arba. Its CD ratio as of the end of Q3 stands at 75.29%.
Its non-performing loan has declined to 1.29 percent in Q3 from 1.53 percent in the previous year report.
Annualized Earnings per share (EPS) of GBIME stand at Rs 21.67, net worth per share at 143.44, and the P/E ratio at 14.35 times.
Major Highlights:
|
Particulars (In Rs '000) |
GBIME |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
8,888,376 |
7,247,661 |
22.64% |
|
Reserve & Surplus |
3,861,198 |
3,120,196 |
23.75% |
|
Deposits |
102,572,591 |
85,811,212 |
19.53% |
|
Borrowings |
1,054,888 |
78,451 |
1244.65% |
|
Loans & Advances |
89,069,084 |
73,135,215 |
21.79% |
|
Net Interest Income |
2,615,383 |
2,656,631 |
-1.55% |
|
Provision for possible losses |
216,953 |
315,786 |
-31.30% |
|
Operating Profit |
1,818,756 |
1,963,096 |
-7.35% |
|
Net Profit |
1,444,752 |
1,476,079 |
-2.12% |
|
NPL (%) |
1.29 |
1.53 |
-15.69% |
|
Annualized EPS (In Rs.) |
21.67 |
27.16 |
-20.19% |
|
Net Worth per Share (In Rs.) |
143.44 |
143.05 |
0.27% |
|
P/E Ratio (In times) |
14.35 |
- |
- |
