Nepal SBI & Nepal Bangladesh Bank EPS slides by 41.92% & 51.98% to Rs 22.69 & Rs 10.83 respectively, capital increment by more than 100% behind the fall in EPS

Thu, Jan 25, 2018 7:52 AM on Latest, Financial Analysis, Featured, Stock Market,
Nepal SBI Bank Limited (SBI) has stated increment in net profit of 20.34% in the second 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 91.30 crore in Q2 of the fiscal year 2074/75 from Rs 75.87 crore in the corresponding quarter of the previous fiscal year 2073/74. Its deposit collection reached to Rs 85.16 arba where the bank floated loans of Rs 77.59 arba. It has paid up capital of Rs 8.04 arba (including 15.42% bonus shares from the net profit of FY 2073/74) with Rs 3.69 arba in reserve. Its NPL stands at 0.13%. Its Earning per Share (EPS) stands at Rs 22.69 where net worth per share stands at Rs 145.89. It has P/E ratio of 26.22 times. Major Highlights:
Particulars (In Rs '000) SBI
Q2 2074/75 Q2 2073/74 Difference
Paid Up Capital           8,046,905     3,883,736 107.19%
Reserve & Surplus           3,692,756     3,852,785 -4.15%
Deposits        85,169,260   77,599,387 9.76%
Borrowings           4,324,000     8,584,160 -49.63%
Loans & Advances        71,341,293   59,772,328 19.36%
Net Interest Income           1,884,781     1,451,362 29.86%
Provision for possible losses              115,646        159,384 -27.44%
Operating Profit           1,435,689     1,164,661 23.27%
Net Profit              913,041        758,725 20.34%
NPL (%) 0.13 0.12 8.33%
 Annualized EPS (In Rs.)                  22.69            39.07 -41.92%
Net Worth per Share (In Rs.)                145.89          199.20 -26.76%
P/E Ratio (In times) 26.22 - -
Quarterly Report of SBI: Nepal Bangladesh Bank Limited (NBB) has posted diminish in net profit by 18.97% in the second quarter of the current fiscal year 2074/75. As per the unaudited report published today, the commercial bank has stated that its net profit diminished to Rs 43.80 crore in Q2 of the fiscal year 2074/75 from Rs 54.06 crore in the corresponding quarter of the previous fiscal year 2073/74. Its deposit collection reached to Rs 41.89 arba where the bank floated loans of Rs 41.13 arba. It has paid up capital of Rs 8.08 arba (including 12% bonus shares from the net profit of FY 2073/74) with Rs 2.79 arba in reserve. Its NPL stands at 1.47%. Its Earning per Share (EPS) stands at Rs 10.83 where net worth per share stands at Rs 134.51. It has P/E ratio of 26 times. Major Highlights:
Particulars (In Rs '000) NBB
Q2 2074/75 Q2 2073/74 Difference
Paid Up Capital           8,088,144     4,011,759 101.61%
Reserve & Surplus           2,791,068     2,568,204 8.68%
Deposits        41,890,083   41,037,165 2.08%
Borrowings              994,250          26,487 3653.73%
Loans & Advances        41,113,926   36,201,121 13.57%
Net Interest Income              742,668        726,118 2.28%
Provision for possible losses              207,589        145,900 42.28%
Operating Profit              630,195        740,380 -14.88%
Net Profit              438,049        540,629 -18.97%
NPL (%) 1.47 0.99 48.48%
 Annualized EPS (In Rs.)                  10.83            26.95 -59.81%
Net Worth per Share (In Rs.)                134.51          164.02 -17.99%
P/E Ratio (In times) 26 28 -7.14%
 Quarterly Report of NBB: