Jyoti Bikas Bank Limited (JBBL) has posted increase in profit of 5.22 percent for the fiscal year 2074/75.
According to the unaudited financial report published by the bank today, its net profit has increased to Rs 14.25 crore in the second quarter from Rs 13.54 crore in the corresponding quarter of the previous fiscal year 2073/74.
JBBL’s net interest income has increased to Rs 34.15 crore in Q2 from Rs 22.59 crore in the corresponding quarter of the previous fiscal year.
The bank collected Rs 13.45 arba in Q2 from Rs 9.12 arba in the corresponding period last year as deposits.
Likewise, it has extended loans and advances of Rs 12.43 arba in Q2 whereas in the same period last year the figure stood at Rs 8.01 arba.
Its non-performing loan has increased to 1.42 percent from 1.19 percent of last year.
Jyoti Bikas Bank’s annualized earning per share (EPS) stands at Rs 10.99, net worth per share at Rs 113.26 and the P/E ratio at Rs 14.29 times.
Its paid-up capital remains at Rs 2.59 arba and has reserve of Rs 34.403 crore.
Major Highlights:
| Particulars (In Rs '000) |
JBBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
2,593,609 |
1,101,941 |
135.37% |
| Reserve & Surplus |
344,037 |
282,868 |
21.62% |
| Deposits |
13,458,299 |
9,129,062 |
47.42% |
| Borrowings |
465,000 |
- |
- |
| Loans & Advances |
12,430,872 |
8,017,620 |
55.04% |
| Net Interest Income |
341,564 |
225,916 |
51.19% |
| Provision for possible losses |
42,206 |
19,179 |
120.06% |
| Operating Profit |
219,494 |
148,216 |
48.09% |
| Net Profit |
142,508 |
135,432 |
5.22% |
| NPL (%) |
1.42 |
1.19 |
19.33% |
| Annualized EPS (In Rs.) |
10.99 |
24.58 |
-55.29% |
| Net Worth per Share (In Rs.) |
113.26 |
125.67 |
-9.87% |
| P/E Ratio (In times) |
14.29 |
11.39 |
- |
Likewise, Mahalaxmi Bikas Bank Limited (MBBL) has posted significant increase in profit of 42.57 percent for the fiscal year 2074/75.
According to the unaudited financial report published by the bank today, its net profit has increased to Rs 20.54 crore in the second quarter from Rs 14.41 crore in the corresponding quarter of the previous fiscal year 2073/74.
MBBL’s net interest income has increased outstandingly by 89.67% to Rs 45.43 crore in Q2 from Rs 23.95 crore in the corresponding quarter of the previous fiscal year.
The bank collected an outstanding amount of Rs 25.12 arba in Q2 from Rs 12.06 arba in the corresponding period last year as deposits.
Likewise, it has extended loans and advances of Rs 20.82 arba in Q2 whereas in the same period last year the figure stood at Rs 10.08 arba.
Its non-performing loan has decreased to 3.39 percent from 3.78 percent of last year.
Mahalaxmi Bikas Bank’s annualized earning per share (EPS) stands at Rs 15.60, net worth per share at Rs 149.55.
Its paid-up capital remains at Rs 2.63 arba and has reserve of Rs 1.305 arba.
Major Highlights:
| Particulars (In Rs '000) |
MBBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
2,633,797 |
1,386,233 |
90.00% |
| Reserve & Surplus |
1,305,083 |
242,567 |
438.03% |
| Deposits |
25,129,714 |
12,060,900 |
108.36% |
| Borrowings |
- |
- |
- |
| Loans & Advances |
20,824,436 |
10,089,506 |
106.40% |
| Net Interest Income |
454,334 |
239,535 |
89.67% |
| Provision for possible losses |
254,527 |
70,038 |
263.41% |
| Operating Profit |
38,080 |
113,168 |
-66.35% |
| Net Profit |
205,440 |
144,101 |
42.57% |
| NPL (%) |
3.39 |
3.78 |
-10.32% |
| Annualized EPS (In Rs.) |
15.60 |
20.79 |
-24.96% |
| Net Worth per Share (In Rs.) |
149.55 |
117.50 |
27.28% |
Similarly, Shangrila Development Bank (SADBL) has posted profit increment of 23.53 percent for the second quarter of the fiscal year 2074/75.
According to the unaudited financial report published by the development bank today, its net profit has increased to Rs 16.01 crore in the second quarter up from Rs 12.96 crore in the corresponding quarter of the previous fiscal year 2073/74.
Shangrila Development Bank’s net interest income has also increased to Rs 35.61 crore in Q2, up from Rs 33.11 crore in the corresponding quarter of the previous fiscal year.
The bank’s deposits collection reached Rs 14.07 arba in Q2 from Rs 12.04 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs 12.96 arba in Q2 whereas in the same period last year the figure stood at Rs 10.57 arba.
Its non-performing loan has increased to 0.85 percent in Q2 from 0.68 percent last year.
Shangrila Development Bank annualized earning per share (EPS) stand at Rs 23.58, net worth per share at Rs 153.89.
Its paid up capital remains at Rs 1.35 arba and has reserve of Rs 73.21 crore. It has currently floated 80% right share which ends in Magh 21. After 80% right issue, its paid up capital will reach Rs 2.44 arba from existing capital of Rs 1.35 arba. As per NRB’s monetary policy, SADBL should increase its paid up capital to a minimum of Rs 2.50 arba by the end of FY 2073/74. After the issuance of 80% right share, the bank should issue a further Rs 6 crore capital increment.
Major Highlights:
| Particulars (In Rs '000) |
SADBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
1,358,475 |
1,073,456 |
26.55% |
| Reserve & Surplus |
732,122 |
617,968 |
18.47% |
| Deposits |
14,707,817 |
12,048,509 |
22.07% |
| Borrowings |
- |
- |
- |
| Loans & Advances |
12,966,351 |
10,570,697 |
22.66% |
| Net Interest Income |
356,117 |
331,175 |
7.53% |
| Provision for possible losses |
21,951 |
52,331 |
-58.05% |
| Operating Profit |
251,711 |
199,903 |
25.92% |
| Net Profit |
160,182 |
129,673 |
23.53% |
| NPL (%) |
0.85 |
0.68 |
25.00% |
| Annualized EPS (In Rs.) |
23.58 |
24.16 |
-2.39% |
| Net Worth per Share (In Rs.) |
153.89 |
157.57 |
-2.33% |
However, Tourism Development Bank Limited (TDBL) has posted decrease in profit of 22.83 percent for the fiscal year 2074/75.
According to the unaudited financial report published by the bank today, its net profit has decreased to Rs 11.29 crore in the second quarter from Rs 14.63 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its net interest income has increased to Rs 30.58 crore in Q2 from Rs 26.84 crore in the corresponding quarter of the previous fiscal year.
The bank collected Rs 13.10 arba in Q2 from Rs 10.74 arba in the corresponding period last year as deposits.
Likewise, it has extended loans and advances of Rs 11.54 arba in Q2 whereas in the same period last year the figure stood at Rs 9.24 arba.
Its borrowing has significantly decreased by 76.27% to Rs 14.00 crore in Q2 of current fiscal year from Rs 59.00 crore in the corresponding quarter of last fiscal year.
Its non-performing loan has increased to 2.13 percent from 1.3 percent of last year.
Tourism Development Bank’s annualized earning per share (EPS) stands at Rs 11.24, net worth per share at Rs 132.29 and the P/E ratio at 38.00 times.
Its paid-up capital remains at Rs 2.01 arba and has reserve of Rs 64.91 crore. It is currently in the process of merging with Mega Bank Limited.
Major Highlights:
| Particulars (In Rs '000) |
TDBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
2,010,620 |
919,771 |
118.60% |
| Reserve & Surplus |
649,158 |
486,902 |
33.32% |
| Deposits |
13,100,917 |
10,741,384 |
21.97% |
| Borrowings |
140,000 |
590,000 |
-76.27% |
| Loans & Advances |
11,545,653 |
9,241,797 |
24.93% |
| Net Interest Income |
305,869 |
268,474 |
13.93% |
| Provision for possible losses |
87,279 |
49,520 |
76.25% |
| Operating Profit |
152,951 |
188,194 |
-18.73% |
| Net Profit |
112,955 |
146,381 |
-22.83% |
| NPL (%) |
2.13 |
1.3 |
63.85% |
| Annualized EPS (In Rs.) |
11.24 |
31.83 |
-64.70% |
| Net Worth per Share (In Rs.) |
132.29 |
152.94 |
-13.50% |
| Price Earning Ratio |
38.00 |
13.51 |
181.27% |
