Nabil Bank registers a profit growth of 21.54% to Rs 1.36 arba in Q2

Sun, Feb 7, 2016 10:36 AM on Latest, Financial Analysis, Featured,
Nabil Bank (NABIL)  has posted a modest net profit increment by 21.54 % in Q2 of the fiscal year 2072/73.The commercial bank earned Rs. 1.36 arba in the second quarter this fiscal year. The net profit was Rs. 1.12 arba in the corresponding quarter of the previous fiscal year.   Publishing the unaudited financial report for Q2 today, the commercial bank’s net interest income reached to Rs 1.93 arba up from Rs 1.82 arba in othe corresponding quarter of the previous fiscal year. The commercial bank has deposit collection of Rs 1.08 kharba in Q2.The figure was Rs 88.77 arba in the corresponding quarter of the previous fiscal year. It extended loans of Rs. 64.99 arba. Nabil Bank’s paid up capital remains at Rs. 4.75 arba and has a reserve of Rs. 6.11 arba. The commercial bank has an operating profit of Rs.1.92 arba. Its NPL dropped to 1.7 % from 2.10 % in the second quarter. Its earning per share is at Rs 57.50, net worth per share at Rs 229 and PE ratio is at 32.18 .times.