Nabil Bank’s net profit reaches over Rs 4 arba; EPS and Net worth per share stand at Rs 52.14 and Rs 259.53 respectively

Wed, Aug 15, 2018 4:19 AM on Financial Analysis, Stock Market, Latest,

Nabil Bank Limited (NABIL) has reported 11.51% rise in the net profit in the fourth quarter of the fiscal year 2074/75.

The bank’s profit has increased from 3.76 arba in the fourth quarter of the fiscal year 2073/74 to Rs 4.19 arba in the fourth quarter of the fiscal year 2074/75. In the last quarter of the FY 2074/75, the bank has massive amount of Rs 4.05 arba as Free Profit after Regulatory Adjustments which can be utilized in distributing dividends to its shareholders.

The bank’s deposit has growth rate of 14.37% to Rs 1.35 kharba and loans and advances have also increased by 22.80% to Rs 1.12 kharba in the last quarter.

The net interest income of the bank has increased to Rs 6.26 arba from Rs 5.54 arba of the corresponding quarter.

The bank’s paid up capital stands at Rs 8.04 arba with Rs 12.83 arba as its reserve as of the end of FY 2074/75.

The Non-Performing Loan (NPL) has also decreased to 0.55% from 0.80%.

In the fourth quarter, the EPS of the bank stands at Rs 52.14. The net worth per share stands at Rs 259.53.

Major Highlights: 

Particulars (In Rs '000)

NABIL

Q4 2074/75

Q4 2073/74

Difference

Paid Up Capital

8,043,221

6,185,507

30.03%

Reserve & Surplus

12,831,560

12,370,112

3.73%

Deposits

135,979,335

118,896,624

14.37%

Borrowings

32,518

3,056,310

-98.94%

Loans & Advances

112,651,661

91,735,857

22.80%

Net Interest Income

6,262,059

5,545,597

12.92%

Operating Profit

5,366,828

4,941,103

8.62%

Net Profit

4,194,006

3,761,264

11.51%

Total Comprehensive Income afterShare of NCI

3,443,735

3,372,658

2.11%

Add/ Less: Regulatory adjustment as per NRB

(139,262)

148,063

-194.06%

Free Profit/ (Loss) after Regulatory Adjustments

4,054,744

3,613,200

12.22%

NPL

0.55

0.80

-31.25%

Annualized EPS (In Rs.)

52.14

60.81

-14.25%

Net Worth per Share (In Rs.)

259.53

299.99

-13.48%