Himalayan Bank Limited Reports Satisfactory Growth In Profitability Indicators In Q2
Wed, Jan 26, 2022 8:30 AM on Company Analysis, Latest,
Himalayan Bank Limited (HBL) has published its second-quarter report for the FY 2078/79 today with a rise in net profit by 13.8%. The bank’s profit has increased from Rs. 65.32 crores in the second quarter of the fiscal year 2077/78 to Rs 74.34 crores in the second quarter of the fiscal year 2078/79.
In the same quarter, the bank has Rs 24.51 crore as distributable profit after PL Appropriation and Regulatory Adjustments.
The bank’s deposit from customers has increased by 17.37% (compared to the immediate previous year ending) to Rs 1.65 kharba and loans and advances to customers increased by 19.54% (compared to the immediate previous year ending) to Rs 1.50 Kharba till the second quarter. The net interest income (core business income) of the bank has increased by 8.91% to Rs 1.91 arba from Rs 1.75 arba of the corresponding quarter.
The bank’s paid-up capital stands at Rs 12.96 arba with Rs 7.39 arba as its reserve and surplus. The Non-performing loan stands at 0.72%.
In the second quarter, the annualized EPS of the bank stands at Rs 11.47. The net worth per share stands at Rs 157.05.
Major Highlights:
|
Particulars |
Himalayan Bank Limited |
||
|---|---|---|---|
|
Q2, 2078/2079 |
Q2, 2077/2078 |
Difference |
|
|
Share Capital |
12,968,725.73 |
10,684,400.83 |
21.38% |
|
Reserve & Surplus |
7,398,500.07 |
9,448,312.56 |
-21.70% |
|
Loans and Advances |
150,678,016.95 |
126,048,134.67 |
19.54% |
|
Deposit from Customers |
165,512,621.65 |
141,021,074.86 |
17.37% |
|
Net Interest Income |
1,916,549.04 |
1,759,709.73 |
8.91% |
|
Impairment charge/(Reversal) for loans |
371,131.52 |
147,151.44 |
- |
|
Operating Profit |
1,062,089.74 |
986,484.03 |
7.66% |
|
Net Profit |
743,450.90 |
653,268.00 |
13.80% |
|
Capital Adequacy Ratio (CAR) |
11.61% |
13.84% |
- |
|
Non-performing Loan (%) |
0.72% |
2.13% |
- |
|
Cost of Funds (%) |
6.98% |
4.64% |
- |
|
Base Rate (%) |
8.75% |
6.83% |
- |
|
CD Ratio (as per NRB Directives) |
92.74% |
80.51% |
- |
|
Annualized EPS (Rs.) |
11.47 |
12.23 |
- |
|
Net Worth per share (Rs.) |
157.05 |
188.43 |
- |
|
Price to Earnings (Times) |
0.00 |
- |
- |
|
Price to Book (Times) |
0.00 |
- |
- |
