Himalayan Bank registers massive profit growth of 46.34% to Rs 1.31 arba in Q3; EPS at Rs 39.10

Fri, May 6, 2016 10:26 AM on Latest, Financial Analysis, Featured,
Himalayan Bank Limited (HBL) has registered profit rise of 46.34 percent in the third quarter of the current fiscal year 2072/73. According to the unaudited financial report published by the commercial bank today, its net profit has surged to Rs 1.31 arba  in third quarter up from Rs 90.15 crore in the corresponding quarter of the last fiscal year 2071/72. Himalayan Bank’s net interest income has risen to Rs 2.44 arba in Q3 as compared to Rs 1.93arba in the corresponding quarter. Himalayan-net-interest-income It has paid up capital of Rs 4.49 arab with reserve of Rs 3.77 arba in third quarter. Himalayan-bank-share-capital The bank also amassed huge amount of deposits in the Q3 of the ongoing fiscal year. Deposits collection reached Rs 80.87 arba in Q3 from Rs 68.30 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 65.28 arba in Q3 whereas in the same period last year the figure stood at Rs 55.50 arba. Meanwhile, its non-performing loan (NPL) has also risen to 2.98 percent in Q3 up from 2.02 percent in the previous year report. Its earning per share (EPS) stand at Rs 39.10, net worth per share at 184 , and the P/E ratio at 33.51 times. Himalayan-bank-eps Last year the bank had provided 35% bonus share to its shareholders, still the company has managed to increase its EPS from Rs 36.07 in the corresponding quarter to Rs 39.10 in Q3.