Major Highlights from Fourth Quarter Report of Nepal Bank Limited; Net Worth per Share grow more than 28%

Wed, Aug 15, 2018 5:35 AM on Financial Analysis, Latest, Stock Market,

Nepal Bank Limited has posted a growth of 152.68% in the net profits of Q4 FY 74/75 as per the standards provided by NFRS.

A growth of 11.2% can be seen in the Reserves and Surplus of the bank compared to the same quarter of the previous year. Significant growth can also be seen in the borrowings of the bank. The borrowings which was zero in the same quarter of the previous year have now grown to Rs.10.95 Crore in FY 74/75.

A growth of 28.51% can be seen in the Net Worth per Share; which was at Rs.143.65 previous year is now standing at Rs.184.6 per share.

The Non-Performing Loans of the bank fell from 3.32% to 2.9% while the lending has gone up by 0.36% to stand at Rs.78 Arba.

The EPS posted by the bank Rs.42.27 which is 5.60% more as compared to previous year’s EPS.

Major Highlights:

Particulars (In Rs '000)

Nepal Bank Limited

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

8,042,662

8,042,662

0.00%

Reserve & Surplus

24,072,518

21,648,662

11.20%

Deposits

99,831,378

93,944,014

6.27%

Borrowings

109,500

0

-

Loans & Advances

78,004,405

77,720,757

0.36%

Net Interest Income

6,418,921

5,740,915

11.81%

Operating Profit

4,476,423

2,085,736

114.62%

Net Profit

3,014,466

1,192,979

152.68%

Total Comprehensive Income after Share of NCI

3,706,144

825,616

348.89%

Add/ Less: Regulatory adjustment as per NRB

-23,428

-5,889

297.83%

Free Profit/ (Loss) after Regulatory Adjustments

2,991,039

1,187,091

151.96%

NPL

2.9

3.32

-12.65%

Annualized EPS (In Rs.)

42.27

40.03

5.60%

Net Worth per Share (In Rs.)

184.6

143.65

28.51%