Nabil Bank registers outstanding profit in the third quarter; Bank earns 2.79 arba as per the quarterly report
Fri, Apr 27, 2018 4:51 AM on Financial Analysis, Stock Market, Featured,
Nabil Bank Limited (NABIL) has continued to show minor progress in the third quarter of the FY 2074/75.
As per the unaudited financial report, its net profit has increased by 4.31% as compared to last year’s report. Its net profit now stands at Rs 2.79 arba. Its operating income has also increased by 3.17% to Rs 4.23 arba.
As of Q3, Nabil Bank’s deposit base stands at a staggering Rs 1.23 kharba. Out of this, it has floated loans of Rs 1.05 kharba. With 15.98% increase in floated loans, it has been able to increase its net interest income by 10% to Rs 4.49 arba. Its CCD ratio stands at a tight 76.2%.
Its paid up capital now stands at Rs 8.04 arba with a reserve of Rs 8.81 arba.
Its annualized EPS has now reached Rs 46.41, net worth per share at Rs 209.62 with P/E ratio of 21.12.
Major Highlights:
|
Particulars (In Rs '000) |
NABIL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
8,043,221 |
6,185,507 |
30.03% |
|
Reserve & Surplus |
8,816,897 |
8,093,259 |
8.94% |
|
Deposits |
123,019,480 |
117,059,623 |
5.09% |
|
Borrowings |
537,195 |
9,485 |
5563.63% |
|
Loans & Advances |
105,027,044 |
90,554,767 |
15.98% |
|
Net Interest Income |
4,490,061 |
4,081,821 |
10.00% |
|
Provision for possible losses |
263,765 |
30,362 |
768.73% |
|
Operating Profit |
4,231,017 |
4,100,906 |
3.17% |
|
Net Profit |
2,799,354 |
2,683,740 |
4.31% |
|
NPL (%) |
1.07 |
0.95 |
12.63% |
|
Annualized EPS (In Rs.) |
46.41 |
57.85 |
-19.78% |
|
Net Worth per Share (In Rs.) |
209.62 |
230.84 |
-9.19% |
|
ROE (Annualised)% |
24.03 |
28.33 |
-15.18% |
|
ROA (Annualised)% |
2.63 |
2.72 |
-3.31% |
|
P/E Ratio (In times) |
21.12 |
- |
- |
