Nepal Bangladesh Bank posted outstanding profit rise by 36.51% to Rs 70 crore, EPS stand at Rs 31; Paid up capital mere Rs 3.03 arba
Tue, Apr 26, 2016 10:23 AM on Latest, Financial Analysis, Featured, Stock Market,

Nepal Bangladesh Bank Limited (NBB) has posted gratifying net profit growth of 36.51 percent for the third quarter of the fiscal year 2072/73.
Publishing the unaudited financial report for today, the commercial bank has stated that its net profit increased to Rs 70 crore in Q3 of the fiscal year 2072/73 up from Rs 51.30 crore in the corresponding quarter of the previous fiscal year 2071/72.
Its net interest income increased from Rs 76.01 crore to Rs 97.17 crore in Q3.
Nepal Bangladesh Bank has paid up capital of Rs 3.03 arba and reserve Rs 2.55 arba.
The commercial bank has collected deposits of Rs 35.81 arba in Q3 compared to Rs 29.57 arba in the corresponding quarter last year. Likewise, it floated loans of Rs 31.38 arba, up from Rs 25.33 arba of corresponding quarter previous fiscal year.
The operating profit of the bank reached to Rs 76.63 crore from Rs 63.07 crore.
The bank’s Non-Performing Loan (NPL) decreased to 1.63 % from 1.93% in the third quarter of FY 2072/73. Its CD ratio stands at 78.09% .
Its EPS (annualized) stands at Rs 31, net worth per share at Rs 184 and P/E ratio is 18 times.


