Kumari Bank’s improved performance in Q1; Comprehensive Income surges by 193%
Wed, Nov 14, 2018 8:22 AM on Financial Analysis, Latest, Stock Market,
Kumari Bank Limited (KBL) has reported massive increase in its comprehensive income in its first quarter report for the fiscal year 2075/76. As per the report published today, the comprehensive income has surged by 193.25% as compared to the profit in the corresponding quarter of the fiscal year 2074/75.
The bank’s comprehensive income has increased from Rs 12.03 crore in the first quarter of the fiscal year 2074/75 to Rs 35.29 crore in the first quarter of the current fiscal year. In the first quarter of the FY 2075/76, the bank has Rs 25.10 crore as Free Profit after Regulatory Adjustments which can be utilized in distributing dividends to its shareholders.
The bank’s deposit has growth rate of 32.24% to Rs 72.49 arba and loans and advances have also increased by 46.51% to Rs 67.82 arba in the first quarter.
The net interest income of the bank has increased to Rs 81.76 crore from Rs 39.53 crore of the corresponding quarter.
The bank’s paid up capital stands at Rs 7.16 arba with Rs 3.95 arba as its reserve.
The Non-Performing Loan (NPL) has also decreased to 1.14% from 1.97%.
In the fourth quarter, the EPS of the bank stands at Rs 19.71. The net worth per share stands at Rs 155.21.
Major Highlights:
|
Particulars (In Rs '000) |
KBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
7,163,055 |
5,969,496 |
19.99% |
|
Reserve & Surplus |
3,954,897 |
2,229,760 |
77.37% |
|
Deposits |
72,498,235 |
54,824,179 |
32.24% |
|
Borrowings |
2,524,741 |
352,655 |
615.92% |
|
Loans & Advances |
67,824,218 |
46,292,223 |
46.51% |
|
Net Interest Income |
817,691 |
395,337 |
106.83% |
|
Operating Profit |
500,011 |
190,930 |
161.88% |
|
Net Profit |
351,803 |
144,380 |
143.66% |
|
Total Comprehensive Income afterShare of NCI |
352,958 |
120,361 |
193.25% |
|
Add/ Less: Regulatory adjustment as per NRB |
(100,776) |
(32,284) |
212.15% |
|
Free Profit/ (Loss) after Regulatory Adjustments |
251,027 |
112,096 |
123.94% |
|
NPL |
1.14 |
1.97 |
-42.13% |
|
Annualized EPS (In Rs.) |
19.71 |
8.07 |
144.39% |
|
Net Worth per Share (In Rs.) |
155.21 |
137.35 |
13.00% |
|
P/E Ratio (In times) |
12.89 |
- |
- |
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