Nepal SBI Bank earns Rs 2.30 arba till Q4 with 13.84% growth; can distribute 18% dividend from FY 2075/76 earnings

Nepal SBI Bank Limited profit rises by 13.84% in the fourth quarter for FY 2075/76. The bank’s profit has increased from Rs 2.03 arba in the fourth quarter of the fiscal year 2074/75 to Rs 2.30 arba in the fourth quarter of the fiscal year 2075/76.

The bank’s has deposit from customers of Rs 97.88 arba and loans and advances to customers stands at Rs 84.30 arba in till the fourth quarter. The net interest income of the bank has increased by 14.52% to Rs 4.74 arba from Rs 4.14 arba of the corresponding quarter.

In the same quarter, the bank has Rs 1.59 arba as distributable profit after Regulatory Adjustments and PL appropriations which can be utilized in distributing dividends to its shareholders. This means banks has capacity to distribute 18% dividend from this year profit only.

The bank’s paid up capital stands at Rs 8.44 arba with Rs 5.71 arba as its reserve and surplus. The Non-Performing Loan (NPL) stands at outstanding low of 0.2%

In the fourth quarter, the EPS of the bank stands at Rs 27.26. The net worth per share stands at Rs 167.69 and PE ratio stands at 17.20 times.

Major Highlights:

 * Figure are of Immediate Previous Year Ending (Audited)

* Published EPS, Networth and PE may differ. As per NFRS standard, Weighted average number of shares is taken while calculating EPS, Networth and PE but we have taken number of shares as per Q4 end paid up capital.