Nepal Bangladesh Bank registers fall of 14.18% in its net profit; EPS stands at Rs 11.71 as per the report of third quarter
Fri, Apr 27, 2018 12:44 AM on Financial Analysis, Latest, Stock Market,
Nepal Bangladesh Bank Limited (NBB) has registered 14.18% decrease in its net profit in the third quarter (Q3) of the current fiscal year 2074/75.
According to the unaudited financial report published by the commercial bank today, its net profit has decreased to Rs 71.03 crore in third quarter, from Rs 82.76 crore in the corresponding quarter of the last fiscal year 2073/74. The operating profit has decreased by 10.55% to Rs 98.76 crore from Rs 1.10 arba as compared to the corresponding quarter of last fiscal year.
NBB’s net interest income has risen a meager 14.62% to Rs 1.24 arba in the third quarter as compared to Rs 1.08 arba in the corresponding quarter last year. Its deposits collection has also increased by only 9.93%. Currently, it has a deposit base of Rs 42.36 arba in Q3 from Rs 38.53 arba in the corresponding period last year.
Likewise, it has also been able to increase its loans by similar figures. Up to the end of Q3, it extended loans and advances of Rs 42.07 arba whereas in the same period last year, the figure stood at Rs 37.24 arba.
Its non-performing loan has increased to 1.77% in this period.
Its paid up capital now stands at Rs 8.08 arba with net worth of Rs 151.78 per share. The EPS of the bank stands at Rs 11.71 and P/E ratio at 20 times.
Major Highlights:
|
Particulars (In Rs '000) |
NBB |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
8,088,144 |
5,514,079 |
46.68% |
|
Reserve & Surplus |
3,063,361 |
2,855,243 |
7.29% |
|
Deposits |
42,363,290 |
38,535,566 |
9.93% |
|
Borrowings |
1,144,962 |
919,465 |
24.52% |
|
Loans & Advances |
42,075,665 |
37,248,904 |
12.96% |
|
Net Interest Income |
1,248,709 |
1,089,470 |
14.62% |
|
Provision for possible losses |
385,346 |
194,984 |
97.63% |
|
Operating Profit |
987,652 |
1,104,110 |
-10.55% |
|
Net Profit |
710,341 |
827,668 |
-14.18% |
|
NPL (%) |
1.77 |
1.01 |
75.25% |
|
Annualized EPS (In Rs.) |
11.71 |
20.01 |
-41.49% |
|
Net Worth per Share (In Rs.) |
137.87 |
151.78 |
-9.16% |
|
P/E Ratio (In times) |
20 |
- |
- |
|
ROE (Annualised)% |
8.49 |
16.07 |
-47.17% |
|
ROA (Annualised)% |
1.68 |
2.23 |
-24.66% |
