NMB Bank registered outstanding Q2 net profit growth of 56.13% to Rs 43.86 crore; Machhapuchchhre Bank earns Rs. 40.13 crore, NPL mere 0.43%
Mon, Feb 15, 2016 11:12 AM on Latest, Financial Analysis, Featured,
NMB Bank Limited (NMB) has registered increase in profit of 56.13 percent in the second quarter of the last fiscal year 2072/73.
According to the unaudited financial report published by the commercial bank today, its net profit has increased to Rs. 43.86 crore in the second quarter from Rs.28.09 crore in the corresponding quarter of the last fiscal year 2071/72.
This profit is of the NMB bank and its merged entities. NMB Bank Limited, Pathibhara Bikash Bank Limited, Bhrikuti Development Bank Limited, Prudential Finance Company Limited and Clean Energy Development Bank Limited had completed merger process forming NMB Bank Limited.
NMB Bank’s net interest income has also increased to Rs. 80.60 crore in Q2 as compared to Rs. 52.23 crore in the corresponding quarter. It’s paid up capital remains at Rs. 4.15 arba and reserve at 2.08 arba.
The bank amassed huge amount of deposits in the Q2 of the ongoing fiscal year. Deposits collection reached Rs. 50.36 arba in Q2 from Rs 28.98 arba in the corresponding period last year.
The bank has an operating profit of Rs. 49.91 crore in the second quarter of ongoing fiscal year.
Likewise, it has extended loans and advances of Rs. 43.36 arba in Q2 whereas in the same period last year the figure stood at Rs. 23.31arba.
Its non-performing loan has increased to 1.65 percent in Q2 from 0.60 percent in the previous year report. The CD ratio of the bank stands at 78.95%.
Its Earning per share (annualized) stands at Rs.20.28, net worth per share at 149.03, and the P/E ratio at 22.69 times.
Similarly, Machhapuchchhre Bank Limited (MBL) reports net profit rise by 16.65% in the second quarter for the fiscal year 2072/73.The commercial bank’s net profit increased to Rs. 40.13 crore in Q2 from Rs. 34.40 crore in the corresponding quarter of the previous fiscal year.
Publishing the unaudited financial report for Q2 today, the commercial bank has collected deposit of Rs. 44.54 arba up from Rs. 39.61 arba in Q2 last year. It has floated loans of Rs.37.38 arba, rising from Rs. 33.64 arba of the corresponding quarter of the previous fiscal year.
The commercial bank’s net interest income reached to Rs. 82.11 crore, increasing from Rs. 66.93 crore in Q2.
Machhapuchchhre Bank has a paid up capital of Rs.3.30 arba and has a reserve of Rs. 1.44 arba.
The commercial bank has an operating profit of Rs.60.32 crore up from Rs 39.57 crore in Q2 last year.
Its NPL dropped to 0.43% from 1.73% in the second quarter. Its CD ratio stands at 77.12%.
MBL’s EPS stands at Rs.24.30, net worth per share is at Rs. 143.62 and P/E ratio at 22.22 times.
According to the unaudited financial report published by the commercial bank today, its net profit has increased to Rs. 43.86 crore in the second quarter from Rs.28.09 crore in the corresponding quarter of the last fiscal year 2071/72.
This profit is of the NMB bank and its merged entities. NMB Bank Limited, Pathibhara Bikash Bank Limited, Bhrikuti Development Bank Limited, Prudential Finance Company Limited and Clean Energy Development Bank Limited had completed merger process forming NMB Bank Limited.
NMB Bank’s net interest income has also increased to Rs. 80.60 crore in Q2 as compared to Rs. 52.23 crore in the corresponding quarter. It’s paid up capital remains at Rs. 4.15 arba and reserve at 2.08 arba.
The bank amassed huge amount of deposits in the Q2 of the ongoing fiscal year. Deposits collection reached Rs. 50.36 arba in Q2 from Rs 28.98 arba in the corresponding period last year.
The bank has an operating profit of Rs. 49.91 crore in the second quarter of ongoing fiscal year.
Likewise, it has extended loans and advances of Rs. 43.36 arba in Q2 whereas in the same period last year the figure stood at Rs. 23.31arba.
Its non-performing loan has increased to 1.65 percent in Q2 from 0.60 percent in the previous year report. The CD ratio of the bank stands at 78.95%.
Its Earning per share (annualized) stands at Rs.20.28, net worth per share at 149.03, and the P/E ratio at 22.69 times.
Similarly, Machhapuchchhre Bank Limited (MBL) reports net profit rise by 16.65% in the second quarter for the fiscal year 2072/73.The commercial bank’s net profit increased to Rs. 40.13 crore in Q2 from Rs. 34.40 crore in the corresponding quarter of the previous fiscal year.
Publishing the unaudited financial report for Q2 today, the commercial bank has collected deposit of Rs. 44.54 arba up from Rs. 39.61 arba in Q2 last year. It has floated loans of Rs.37.38 arba, rising from Rs. 33.64 arba of the corresponding quarter of the previous fiscal year.
The commercial bank’s net interest income reached to Rs. 82.11 crore, increasing from Rs. 66.93 crore in Q2.
Machhapuchchhre Bank has a paid up capital of Rs.3.30 arba and has a reserve of Rs. 1.44 arba.
The commercial bank has an operating profit of Rs.60.32 crore up from Rs 39.57 crore in Q2 last year.
Its NPL dropped to 0.43% from 1.73% in the second quarter. Its CD ratio stands at 77.12%.
MBL’s EPS stands at Rs.24.30, net worth per share is at Rs. 143.62 and P/E ratio at 22.22 times.
