Have a brief summary of the Q1 report of Prime Commercial Bank; EPS and Networth stands at Rs 29 and Rs 150 respectively
Fri, Nov 16, 2018 12:03 PM on Financial Analysis, Latest, Stock Market,
Prime Commercial Bank Limited (PCBL) has reported a huge rise in its net profit for the first quarter of the fiscal year 2075/76. As per the quarterly report published today, the net profit has increased by 45.51% in Q1 of the current the fiscal year.
The bank’s profit has increased from Rs 39.99 crore in the first quarter of the fiscal year 2074/75 to Rs 58.19 crore in the first quarter of the fiscal year 2075/76. In the first quarter of the FY 2075/76, the bank had Rs 42.82 crore as Free Profit after Regulatory Adjustments which can be utilized in distributing dividends to its shareholders.
The bank’s deposit has decent growth rate of 11.28% to Rs 76.33 arba and loans and advances have also increased by 21.43% to Rs 72.33 arba in the first quarter.
The net interest income of the bank has increased to Rs 97.02 crore from Rs 57.01 crore of the corresponding quarter.
The bank’s paid up capital stands at Rs 8.033 arba with Rs 3.97 arba as its reserve as of the end of Q1 of FY 2075/76.
The Non-Performing Loan (NPL) has increased to 1.41% from 1.37%.
In the first quarter, the EPS of the bank stands at Rs 28.98. The net worth per share stands at Rs 149.49.
Major Highlights:
|
Particulars (In Rs '000) |
PCBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
8,033,299 |
6,325,432 |
27.00% |
|
Reserve & Surplus |
3,976,041 |
3,749,392 |
6.04% |
|
Deposits |
76,336,823 |
68,597,863 |
11.28% |
|
Borrowings |
1,602,223 |
1,946,441 |
-17.68% |
|
Loans & Advances |
72,332,717 |
59,566,260 |
21.43% |
|
Net Interest Income |
970,289 |
570,151 |
70.18% |
|
Operating Profit |
831,216 |
549,751 |
51.20% |
|
Net Profit |
581,929 |
399,936 |
45.51% |
|
Total Comprehensive Income afterShare of NCI |
588,206 |
406,161 |
44.82% |
|
Add/ Less: Regulatory adjustment as per NRB |
(153,668) |
(58,186) |
164.10% |
|
Free Profit/ (Loss) after Regulatory Adjustments |
428,261 |
341,751 |
25.31% |
|
NPL |
1.41 |
1.37 |
2.92% |
|
Annualized EPS (In Rs.) |
28.98 |
25.29 |
14.57% |
|
Net Worth per Share (In Rs.) |
149.49 |
159.27 |
-6.14% |
|
P/E Ratio (In times) |
11.46 |
- |
- |
