Janata Bank Nepal Limited (JBNL) has published its first financial statement after its merger with Triveni Bikas Bank Limited. As per the unaudited quarterly report published by JBNL for the third quarter of FY 2073/74, its paid up capital has reached Rs 4.64 arba with reserve of Rs 84.06 crore.
Its net profit as of the end of Q3 this year stands at Rs 38.18 crore, up 68.51% from the figure last year. This profit also includes profit made by Triveni Bikas Bank.
Likewise, its deposit base has increased to Rs 35.46 arba and loans to Rs 33.24 arba, whereas in the same period last year, the figures stood at Rs 22.89 arba and Rs 19.61 arba respectively. Its net interest income has increased to Rs 74.52 crore in this period.
JBNL’s non-performing loan has increased to 1.98% from 1.23% in this period. Its Earnings Per Share (EPS) has shrunk to Rs 10.96 after increase in capital. It had issued 50% right share and 12% bonus share last year.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q3 |
FY 2072/73 Q3 |
Difference (%) |
| Paid Up Capital |
4,646,271 |
2,060,000 |
125.55% |
| Reserve and Surplus |
840,621 |
524,209 |
60.36% |
| Deposits |
35,465,797 |
22,899,552 |
54.88% |
| Loans and Advances |
33,240,258 |
19,613,279 |
69.48% |
| Net Interest Income |
745,245 |
532,510 |
39.95% |
| Provision |
120,588 |
83,196 |
44.94% |
| Write Back |
140,070 |
52,832 |
165.12% |
| Operating Profit |
458,534 |
302,484 |
51.59% |
| Net Profit |
381,891 |
226,631 |
68.51% |
| Capital Adequacy Ratio |
16.03% |
12.32% |
- |
| NPL |
1.98% |
1.23% |
60.98% |
| Cost of Fund |
5.06% |
4.64% |
|
| CD Ratio (as per NRB) |
75.51% |
77.12% |
- |
| EPS (Annualized) |
10.96 |
14.67 |
-25.29% |
| PE Ratio |
35.00 |
|
|
| Networth Per Share |
118.09 |
|
|
