Prime Commercial Bank Limited (PCBL) has posted hike in net profit of 27.77% in the second quarter of the current fiscal year 2074/75.
As per the unaudited report published today, the commercial bank has stated that its net profit hike to Rs 71.51 crore in Q2 of the fiscal year 2074/75 from Rs 55.97 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 71.06 arba where the bank floated loans of Rs 55.01 arba.
It has paid up capital of Rs 8.03 arba with Rs 2.11 arba in reserve.
Its NPL stands at 1.43%.
Its Earning per Share (EPS) stands at Rs 17.80 where net worth per share stands at Rs 126.35. It has P/E ratio of 17.06 times.
Major Highlights:
| Particulars (In Rs '000) |
PCBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
8,033,298 |
4,940,349 |
62.61% |
| Reserve & Surplus |
2,116,952 |
2,417,366 |
-12.43% |
| Deposits |
71,060,891 |
55,006,021 |
29.19% |
| Borrowings |
- |
- |
#DIV/0! |
| Loans & Advances |
62,601,268 |
46,052,452 |
35.93% |
| Net Interest Income |
1,042,515 |
808,157 |
29.00% |
| Provision for possible losses |
268,317 |
184,737 |
45.24% |
| Operating Profit |
944,629 |
734,169 |
28.67% |
| Net Profit |
715,128 |
559,717 |
27.77% |
| NPL (%) |
1.43 |
1.36 |
5.15% |
| Annualized EPS (In Rs.) |
17.80 |
22.66 |
-21.43% |
| Net Worth per Share (In Rs.) |
126.35 |
148.93 |
-15.16% |
| P/E Ratio (In times) |
17.06 |
|
|
