Nepal SBI Bank Reports Impressive Incline In Net Profit By 70.04% To Stand at Rs. 1.63 Arba; EPS at Rs. 16.67
Wed, Aug 3, 2022 12:34 PM on Latest, Financial Analysis, Stock Market,
Nepal SBI Bank Limited has posted a net profit of Rs 1.63 Arba and published its 4th quarter company analysis of the fiscal year 2078/79.
The bank’s profit has increased from Rs 96.3 Crores in the fourth quarter of the fiscal year 2077/78 to Rs 1.63 Arba in the fourth quarter of the fiscal year 2078/79. This is an incline of impressive margin of 70.04%. In the same quarter, the bank has Rs 1.44 Arba as distributable profit after PL Appropriation and Regulatory Adjustments.
The bank’s deposit from customers has increased by 12.68% to stand at Rs. 1.19 Kharba and loans and advances to customers increased by 8.58% to reach Rs. 1.05 Kharba. The net interest income (core business income) of the bank has increased by 53.72% in Q4.
The bank’s paid-up capital stands at Rs 9.82 Arba with Rs 7.28 Arba as its reserve and surplus.
In the fourth quarter, the EPS of the bank stands at Rs 16.67. The net worth per share stands at Rs 174.15 and qtr end PE ratio stands at 16.93 times.
Major Financial Highlights:
