All the commercial banks are coming out with their fourth quarter report for the fiscal year 2072/73.
Nepal Bank Limited (NBL), the oldest bank of Nepal is yet to publish its fourth quarter report. The Q4 report of NBL will probably be published next week.
As per the sources privy to the matter, NBL might publish approx. Rs 3arba net profit figures in the Q4 report of last FY 72/73. Reserves will become positive by Rs 50 crore for the first time.
In the third quarter of fiscal year 2072/73, NBL had a negative reserve of Rs 94.90 arba.
Nepal Bank has increased its profit mainly by selling its asset. The bank has sold shares of Taragaon regency, promoter share of Nepal Insurance Limited and other properties.
Nepal Bank Limited (NBL) is inviting sealed bids for 3, 99,940 units of promoter shares of Citizen Investment Trust Limitedthrough an auction.
NBL net non-operating income/expenses increased from Rs 23.09 crore in the corresponding quarter to Rs 78.25 crore in the third quarter of the fiscal year 2072/73.
At present Promoter and ordinary shareholders’ share structure in the commercial bank stands at 62:38 ratios.
At present the bank has a paid up capital of Rs 6.46 arba.
56
th AGM of Nepal Bank held on Jestha 28 had endorsed 10:2.37ratio right share to its existing shareholders.
Earlier Government had injected Rs. 2 arba to increase its stake from 38% to 62%.
Annualized earning per share (EPS) of the bank now stands at Rs 33.88, net worth per share at Rs 85.32 and PE ratio at 12.46 times.
Last five year financial highlights of Nepal Bank.
| In "000" |
2071/72 |
2070/71 |
2069/70 |
2068/69 |
2067/68 |
| Share Capital |
6,465,001.80 |
6,465,001.80 |
3,716,443.20 |
1,772,827.70 |
380,382.60 |
| Reserves & Surplus |
(2,634,065.61) |
(3,117,914.13) |
(3,925,423.77) |
(4,680,604.12) |
(4,856,965.63) |
| Deposit Liability |
77,998,775.92 |
69,337,609.70 |
62,984,350.05 |
56,052,372.76 |
46,808,435.45 |
| Loans & Advances |
50,970,857.91 |
39,035,600.83 |
35,611,699.55 |
27,670,840.07 |
24,671,281.89 |
| Fixed Assets |
417,822.12 |
389,504.48 |
366,906.50 |
351,063.89 |
334,956.40 |
| Other Operating Income |
287,632.97 |
252,248.66 |
259,640.61 |
179,461.13 |
140,461.34 |
| Net Income |
3,311,020.34 |
2,823,581.91 |
2,525,371.41 |
1,854,014.80 |
2,258,514.13 |
| Total Operating Expenses |
5,289,808.23 |
5,550,099.05 |
5,216,188.12 |
4,753,307.29 |
4,210,422.76 |
| Operating Profit |
386,659.44 |
(5,948.67) |
104,169.07 |
(210,426.80) |
(56,108.33) |
| Net Profit/(Loss) |
483,848.52 |
735,656.87 |
930,739.24 |
176,388.51 |
128,346.58 |
| Net Worth Per Share (Rs) |
59.00 |
21.00 |
(932.00) |
(1,130.00) |
(1,176.86) |
| EPS (Rs) |
7.48 |
11.38 |
25.04 |
9.95 |
33.74 |
