Net profit of Himalayan Bank rises by 16.82%; Net worth stands at Rs 190.33 in the Q4
Wed, Aug 15, 2018 6:01 AM on Financial Analysis, Latest, Stock Market,
NFRS based report published by Himalayan Bank Limited (HBL) shows that its net profit has increased by 16.82% as compared to the its net profit in the FY 2073/74.
The net profit of the commercial bank has reached Rs 2.61 arba which was Rs 2.23 arba in the corresponding quarter. The bank has also reported Rs 2.47 arba as the free profit after regulatory adjustments which can be utilized in distributing to its shareholders.
HBL’s deposits have increased by 7.39% to reach Rs 99.74 arba and loans and advances have increased by 11.37% to reach Rs 87.40 arba. It has no borrowings in the last quarter of the FY 2074/75.
As of the end of the FY 2074/75, its paid-up capital stands at Rs 8.11 arba and its reserve and surplus stands at Rs 7.32 arba
The bank’s NPL has increased to 0.98% from 0.87%.
Earning per share (EPS) of Himalayan Bank stands at Rs 32.22 and Net worth per share stands at Rs 190.33.
Major Highlights:
|
Particulars (In Rs '000) |
HBL |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
8,114,529 |
6,491,624 |
25.00% |
|
Reserve & Surplus |
7,329,724 |
6,560,873 |
11.72% |
|
Deposits |
99,743,045 |
92,881,114 |
7.39% |
|
Borrowings |
- |
40,000 |
- |
|
Loans & Advances |
87,407,345 |
78,482,420 |
11.37% |
|
Net Interest Income |
4,443,185 |
3,933,342 |
12.96% |
|
Operating Profit |
3,717,478 |
3,034,040 |
22.53% |
|
Net Profit |
2,614,621 |
2,238,176 |
16.82% |
|
Total Comprehensive Income after Share of NCI |
2,662,104 |
2,252,617 |
18.18% |
|
Add/ Less: Regulatory adjustment as per NRB |
(140,031) |
(59,941) |
133.61% |
|
Free Profit/ (Loss) after Regulatory Adjustments |
2,474,590 |
2,178,235 |
13.61% |
|
NPL |
0.98 |
0.87 |
12.64% |
|
Annualized EPS (In Rs.) |
32.22 |
34.48 |
-6.54% |
|
Net Worth per Share (In Rs.) |
190.33 |
201.07 |
-5.34% |
