NMB Bank publishes outstanding 4th quarter report with 36% rise in net profit; EPS & Networth per share stand at Rs 26.58 & Rs 220.93 respectively
Wed, Aug 15, 2018 4:53 AM on Financial Analysis, Latest, Stock Market,
NMB Bank Limited has reported an outstanding rise in the net profit for the fourth quarter of the fiscal year 2074/75. As per the quarterly report published today, the net profit has increased by 35.93% in the fiscal year.
The bank’s profit has increased from Rs 1.48 arba in the fourth quarter of the fiscal year 2073/74 to Rs 2.02 arba in the fourth quarter of the fiscal year 2074/75. In the last quarter of the FY 2074/75, the bank had Rs 1.81 arba as Free Profit after Regulatory Adjustments which can be utilized in distributing dividends to its shareholders.
The bank’s deposit has decent growth rate of 14.37% to Rs 84.72 arba and loans and advances have also increased by 23.33% to Rs 75.85 arba in the last quarter.
The net interest income of the bank has increased to Rs 2.89 arba from Rs 2.59 arba of the corresponding quarter.
The bank’s paid up capital stands at Rs 7.60 arba with Rs 9.19 arba as its reserve as of the end of FY 2074/75. For meeting the capital requirement of Rs 8 arba, the bank had recently issued Further Public Offerings (FPO).
The Non-Performing Loan (NPL) has also decreased to 0.88% from 1.68%.
In the fourth quarter, the EPS of the bank stands at Rs 26.58. The net worth per share stands at Rs 220.93.
Major Highlights:
|
Particulars (In Rs '000) |
NMB |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
7,603,291 |
6,461,774 |
17.67% |
|
Reserve & Surplus |
9,194,542 |
4,492,996 |
104.64% |
|
Deposits |
84,728,741 |
73,441,446 |
15.37% |
|
Borrowings |
1,166,431 |
1,179,883 |
-1.14% |
|
Loans & Advances |
75,857,098 |
61,508,690 |
23.33% |
|
Net Interest Income |
2,893,248 |
2,594,730 |
11.50% |
|
Operating Profit |
2,531,186 |
2,084,531 |
21.43% |
|
Net Profit |
2,020,937 |
1,486,756 |
35.93% |
|
Total Comprehensive Income after Share of NCI |
2,023,086 |
1,448,856 |
39.63% |
|
Add/ Less: Regulatory adjustment as per NRB |
(207,971) |
(19,408) |
971.57% |
|
Free Profit/ (Loss) after Regulatory Adjustments |
1,812,966 |
1,467,347 |
23.55% |
|
NPL |
0.88 |
1.68 |
-47.62% |
|
Annualized EPS (In Rs.) |
26.58 |
23.01 |
15.52% |
|
Net Worth per Share (In Rs.) |
220.93 |
169.53 |
30.32% |
