Nabil Bank's earn massive Rs 3.67 arba till Q3 with 16.50% growth; Look at the major highlight
Wed, Apr 28, 2021 9:27 AM on Latest, Company Analysis,
Nabil Bank Limited (NABIL) has published its third-quarter report for the FY 2077/2078 with an increment in Net Profit by 16.50%. The bank's net profit has increased from Rs. 3.15 Arba in the third quarter of FY 2076/2077 to Rs. 3.67 Arba in the second quarter of FY 2077/2078.
The bank’s deposit from customers increased by 9.19% to Rs. 2.08 kharba (compared to the immediate previous year ending) whereas loans and advances to customers increased by 25.76% to Rs. 1.86 kharba (compared to the immediate previous year ending) till the third quarter. The bank's Net Interest Income (core business income) has decreased by 5.09% to Rs. 5.09 Arba compared to the corresponding quarter of the previous year.
The bank’s paid-up capital stands at Rs. 13.48 Arba with Rs. 17.52 Arba in Reserve and surplus. The Non-performing loan (NPL) remained at 0.48%.
The annualized earnings per share (EPS) of the Bank stood at Rs. 36.40 and Net worth per share stood at Rs. 230.02. The company traded at a P/B multiple of 6.00 times.
Major Highlights:
|
Particulars |
Nabil Bank Limited |
||
|---|---|---|---|
|
Q3, 2077/2078 |
Q3, 2076/2077 |
Difference |
|
|
Share Capital |
13,480,159.00 |
10,097,497.00 |
33.50% |
|
Reserve & Surplus |
17,526,830.00 |
15,758,161.00 |
11.22% |
|
Loans and Advances |
186,193,198.00 |
148,054,071.00 |
25.76% |
|
Deposit from Customers |
208,333,818.00 |
190,806,470.00 |
9.19% |
|
Net Interest Income |
5,096,962.00 |
5,370,512.00 |
-5.09% |
|
Impairment charge/(Reversal) for loans |
-196,418.00 |
109,824.00 |
- |
|
Operating Profit |
5,240,809.00 |
4,503,467.00 |
16.37% |
|
Net Profit |
3,679,870.00 |
3,158,686.00 |
16.50% |
|
Capital Adequacy Ratio (CAR) |
12.28% |
11.17% |
- |
|
Non-performing Loan (%) |
0.48% |
0.63% |
- |
|
Cost of Funds (%) |
4.68% |
6.55% |
- |
|
Base Rate (%) |
6.18% |
7.82% |
- |
|
CCD Ratio (as per NRB Directives) |
80.80% |
78.88% |
- |
|
Annualized EPS (Rs.) |
36.40 |
41.71 |
- |
|
Net Worth per share (Rs.) |
230.02 |
256.06 |
- |
|
Price to Earnings (Times) |
37.91 |
- |
- |
|
Price to Book (Times) |
6.00 |
- |
- |
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