Nepal Investment Bank EPS constant irrespective of huge capital increment; Nepal SBI, Siddhartha & Global IME Bank EPS dwindles (See Q1 report in details)

  • Sijan Bajracharya
Major Highlights (Table showing all important fundamentals): NIB SBI SBL GBIME Explanations: Nepal SBI Bank Limited (SBI) has posted impressive rise in net profit by 23.91 percent for the first quarter of the current fiscal year 2074/75. As per the unaudited report published today, the commercial bank has stated that its net profit increased to Rs 43.88 crore in Q1 of the fiscal year 2074/75 from Rs 35.41 crore in the corresponding quarter of the previous fiscal year 2073/74. SBI’s deposit collection reached to Rs 86.62 arba where the bank has floated loans of Rs 67.05 arba. It has paid up capital of Rs 6.97 arba with Rs 4.35 arba in reserve. It has announced 15.42% bonus shares to meet the capital requirement from the net profit of FY 2073/74. The bank’s NPL remain constant at 0.13% with respect to the corresponding quarter. Its Earning per Share (EPS) stands at Rs 25.18 where net worth per share stands at Rs 188.79. It has P/E ratio of 32.96 times. Nepal Investment Bank Limited (NIB) has also stated outstanding rise in net profit by 20.81 percent, despite of capital Rs 10.62 arba (including 15% bonus shares from the net profit of FY 2073/74) for the first quarter of the current fiscal year 2074/75. As per the unaudited report published today, the commercial bank has stated that its net profit increased to Rs 89.49 crore in Q1 of the fiscal year 2074/75 from Rs 74.08 crore in the corresponding quarter of the previous fiscal year 2073/74. NIB;s deposit collection reached to Rs 1.31 kharba where the bank floated loans of Rs 1.07 kharba. It has reserve of Rs 8.97 arba. The bank’s NPL surges to 1.04% in Q1 of FY 2074/75 from 0.71% in the corresponding quarter of the FY 2073/74. Its Earning per Share (EPS) stands at Rs 33.69 where net worth per share stands at Rs 184.47. It has P/E ratio of 19.29 times. Siddhartha Bank Limited (SBL) has shown massive downfall in net profit of 39.82% in the first quarter of the current fiscal year 2074/75. As per the unaudited report published today, the commercial bank has stated that its net profit decreased to Rs 21.64 crore in Q1 of the fiscal year 2074/75 from Rs 35.96 crore in the corresponding quarter of the previous fiscal year 2073/74. Its deposit collection reached to Rs 77.87 arba where the bank floated loans of Rs 68.89 arba. It has paid up capital of Rs 6.84 arba with Rs 3.58 arba in reserve. To meet the capital requirement of Rs 8 arba, it should hike its capital by Rs 1.16 (around 16%).Its NPL stands at 2.01%. Its Earning per Share (EPS) stands at Rs 12.65 where net worth per share stands at Rs 152.31. It has P/E ratio of 32.68 times. Global IME Bank Limited (GBIME) has posted decrease in net profit by 16.09 percent for the first quarter of the current fiscal year 2074/75. As per the unaudited report published today, the commercial bank has stated that its net profit decreased to Rs 35.32 crore in Q1 of the fiscal year 2074/75 from Rs 42.09 crore in the corresponding quarter of the previous fiscal year 2073/74. GBIME’s deposit collection reached to Rs 1.04 kharba where the bank floated loans of Rs 88.77 arba. It has paid up capital of Rs 8.08 arba (including 10% bonus shares from the net profit of FY 2073/74) with Rs 4.38 arba in reserve. The bank’s NPL remains at 1.57%. Its Earning per Share (EPS) stands at Rs 17.48 where net worth per share stands at Rs 154.28. It has P/E ratio of 22.08 times.