Hamro Bikas Bank Limited (HAMRO) has earned net profit of Rs 3.10 crore till the end of third quarter of the fiscal year 2073/74.
As per the quarterly unaudited financial statement released by the bank, its net profit has increased by 62.29% as compared to the third quarter last year. In this period, it has been able to increase its net interest income by almost 50% to Rs 6.19 crore.
Its deposit base has reached Rs 1.17 arba, up 32.22% from Rs 89.12 crore last year. Likewise, it has floated loans worth Rs 1.02 arba till Q3 this year whereas in the last year, the figure stood at Rs 78.89 crore. It has been able to reduce its non-performing loans (NPL) to 0.89% from 1.44% posted in the same period last year.
Its paid up capital at the end of Q3 stands at Rs 15.29 crore with a reserve of Rs 4.83 crore.
Its annualized EPS now stands at Rs 27.03, net worth per share at Rs 131.65 and P/E ratio at 22 times.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q3 |
FY 2072/73 Q3 |
Difference (%) |
| Paid Up Capital |
152,917 |
122,334 |
25.00% |
| Reserve and Surplus |
48,398 |
28,588 |
69.29% |
| Deposits |
1,178,477 |
891,293 |
32.22% |
| Loans and Advances |
1,020,759 |
788,954 |
29.38% |
| Net Interest Income |
61,940 |
41,406 |
49.59% |
| Provision |
7,436 |
6,475 |
- |
| Write Back |
3,626 |
1,057 |
- |
| Operating Profit |
45,091 |
28,962 |
55.69% |
| Net Profit |
31,002 |
19,103 |
62.29% |
| Capital Adequacy Ratio |
16.98% |
16.33% |
- |
| NPL |
0.89% |
1.44% |
-38.19% |
| Cost of Fund |
4.73% |
4.69% |
|
| CD Ratio (as per NRB) |
74.13% |
75.85% |
- |
| EPS (Annualized) |
27.03 |
20.82 |
29.83% |
| PE Ratio |
22.00 |
|
|
| Networth Per Share |
131.65 |
|
|
