Know commercial banks net profit as of Q3; Rastriya Banijaya Bank top the table
Sun, Jun 28, 2015 12:00 AM on Others,
ShareSansar June 26:
The total net profit of the overall commercial banking sector stood at Rs 20.50 arba in the third quarter of current fiscal year (2071/72); Whereas in the corresponding quarter of last fiscal (2070/71) year it stood at Rs 14.51 arba .
Rastriya Banjiya Bank Limited (RBB) has top the table with a whopping increment in profit this quarter i.e. Rs 4.06 arba. In corresponding quarter last year it earned a net profit of Rs 1.25 arba. RBB huge profit in this quarter is mainly supported by the earning it had made by selling 15 percent cross holding promoter share of Nepal Investment Bank Ltd. It has earned Rs 2.87 arba under non-operating income heading.
Nabil Bank Limited managed to remain in second position though it had meager decline of 0.67% in net profit compared to 3rd quarter of last year. Its net profit stood at Rs 1.63 arba in third quarter this year.
Commercial Banks like Nepal Investment Bank, Everest Bank and Agriculture Development Bank have also shown growth in net profit in Q3 of current fiscal year. Others like Janata Bank, Century Bank, Lumbini Bank, NCC Bank and Citizen Bank have also done better in terms of net profit.
Nepal Bank Limited, NIC Asia Bank, Nabil Bank Limited and Standard Chartered Bank had decline in its net profit in 3rd quarter this year compared to the corresponding quarter last fiscal year.
Top 5 Commercial Banks (Q3) |
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Rank |
Company |
Q3 2070/71 Net Profit/loss (Rs.) |
Q3 2071/72Net Profit/loss (Rs) |
% change |
1 |
Rastriya Banijya Bank Ltd. |
1,255,654,000.00 |
4,061,318,000.00 |
223.44% |
2 |
Nabil Bank Ltd. |
1,646,716,000.00 |
1,635,764,000.00 |
-0.67% |
3 |
Nepal Investment Bank Ltd. |
1,391,624,000.00 |
1,531,418,000.00 |
10.05% |
4 |
Everest Bank Ltd. |
1,080,947,000.00 |
1,193,885,000.00 |
10.45% |
5 |
Agriculture Development Bank Ltd. |
800,512,000.00 |
1,011,387,000.00 |
26.34% |
S.No |
Name of Bank |
Symbol |
Q3 2070/71 Net Profit/loss (Rs.) |
Q3 2071/72Net Profit/loss (Rs) |
% change |
1 |
Agriculture Development Bank Ltd. |
ADBL |
800,512,000.00 |
1,011,387,000.00 |
26.34% |
2 |
Bank Of Kathmandu Ltd. |
BOK |
355,000,000.00 |
480,421,000.00 |
35.33% |
3 |
Century Commercial Bank Ltd. |
CCBL |
62,667,000.00 |
163,088,000.00 |
160.25% |
4 |
Citizen Bank International Ltd. |
CZBIL |
304,056,000.00 |
457,883,000.00 |
50.59% |
5 |
Civil Bank Ltd. |
CBL |
75,850,000.00 |
190,547,000.00 |
151.22% |
6 |
Everest Bank Ltd. |
EBL |
1,080,947,000.00 |
1,193,885,000.00 |
10.45% |
7 |
Global IME Bank Ltd. |
GBIME |
727,373,000.00 |
812,441,000.00 |
11.70% |
8 |
Grand Bank Ltd. |
GRAND |
89,476,000.00 |
(32,182,000.00) |
|
9 |
Himalayan Bank Ltd. |
HBL |
792,852,000.00 |
876,218,000.00 |
10.51% |
10 |
Janata Bank Ltd. |
JBNL |
46,261,000.00 |
134,641,000.00 |
191.05% |
11 |
Kumari Bank Ltd, |
KBL |
192,390,000.00 |
251,347,000.00 |
30.64% |
12 |
Laxmi Bank Ltd. |
LBL |
233,565,000.00 |
240,033,000.00 |
2.77% |
13 |
Lumbini Bank Ltd. |
LUBL |
145,405,000.00 |
246,782,000.00 |
69.72% |
14 |
Machhapuchchhre Bank Ltd. |
MBL |
317,932,000.00 |
440,187,000.00 |
38.45% |
15 |
Mega Bank Nepal Ltd. |
MEGA |
257,992,000.00 |
267,077,000.00 |
3.52% |
16 |
Nabil Bank Ltd. |
NABIL |
1,646,716,000.00 |
1,635,764,000.00 |
-0.67% |
17 |
Nepal Bangladesh Bank Ltd. |
NBB |
401,756,000.00 |
513,081,000.00 |
27.71% |
18 |
Nepal Bank Ltd. |
NBL |
384,039,000.00 |
360,658,000.00 |
-6.09% |
19 |
Nepal Credit and Commercial Bank Ltd. |
NCCB |
172,092,000.00 |
331,993,000.00 |
92.92% |
20 |
Nepal Investment Bank Ltd. |
NIBL |
1,391,624,000.00 |
1,531,418,000.00 |
10.05% |
21 |
NIC Asia Bank Ltd. |
NICA |
627,312,000.00 |
574,760,000.00 |
-8.38% |
22 |
NMB Bank Ltd. |
NMB |
312,468,000.00 |
418,062,000.00 |
33.79% |
23 |
Prabhu Bank Ltd. |
PRVU |
(213,649,000.00) |
694,448,000.00 |
|
24 |
Prime Commercial Bank Ltd. |
PCBL |
423,707,570.00 |
553,441,940.00 |
30.62% |
25 |
Rastriya Banijya Bank Ltd. |
RBB |
1,255,654,000.00 |
4,061,318,000.00 |
223.44% |
26 |
Sanima Bank Ltd. |
SANIMA |
320,823,000.00 |
423,212,000.00 |
31.91% |
27 |
Nepal SBI Bank Ltd. |
SBI |
674,714,000.00 |
827,945,000.00 |
22.71% |
28 |
Siddhartha Bank Ltd. |
SBL |
362,559,000.00 |
553,932,000.00 |
52.78% |
29 |
Standard Chartered Bank Ltd. |
SCB |
999,453,000.00 |
957,582,000.00 |
-4.19% |
30 |
Sunrise Bank Ltd. |
SRBL |
272,736,000.00 |
337,239,000.00 |
23.65% |
Total |
14,514,282,570.00 |
20,508,608,940.00 |
41.30% |
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Max profit |
1,646,716,000.00 |
4,061,318,000.00 |
223.44% |
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min profit |
(213,649,000.00) |
(32,182,000.00) |
-8.38% |
