Prime Commercial Bank Sees 5.62% Decline in Q1 Net Profit, Annualized EPS at Rs 22.67, Distributable Profit at Rs 2.05 Arba
Sun, Nov 1, 2026 7:03 AM on Financial Analysis, Highlight News,
Prime Commercial Bank Limited (PCBL) has reported a 5.62% decline in net profit for the first quarter of FY 2083/84, with profit standing at Rs 1.18 Arba compared to Rs 1.26 Arba in the corresponding quarter of the previous fiscal year. The bank's paid-up capital remains unchanged at Rs 20.95 Arba, while reserves increased by 6.88% to Rs 14.93 Arba and retained earnings rose by 5.68% to Rs 2.01 Arba.
During the quarter, the bank's deposits declined marginally by 0.75% to Rs 2.76 Kharba, while loans and advances increased by 3.90% to Rs 2.35 Kharba. Net Interest Income grew by 8.24% to Rs 2.61 Arba. Personnel expenses increased by 12.97% to Rs 76.36 Crores, while impairment charges rose by 28.30% to Rs 61.71 Crores. Operating profit declined by 5.48% to Rs 1.96 Arba.
The bank's annualized Earnings Per Share (EPS) stood at Rs 22.67, down from Rs 24.02 in the corresponding period, while net worth per share increased by 2.90% to Rs 180.90. The bank's Non-Performing Loan (NPL) ratio increased to 7.15% from 5.86%, while the cost of funds declined to 3.81% from 4.79%. Capital adequacy ratio stood at 12.42%.
Prime Commercial Bank reported a distributable profit of Rs 2.05 Arba after profit/loss appropriation and regulatory adjustments. The bank's quarter-end price-to-earnings (PE) ratio stood at 11.98 times, while its quarter-end market price was Rs 271.70 per share.
* Figures are of Immediate Previous Year Quarter Ending
Major Highlights:
| Particulars (In Rs '000) | Prime Commercial Bank Limited | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 20,954,781.77 | 20,954,781.77* | 0.00% |
| Share Premium | 0.00 | 0.00 | |
| Retained Earnings | 2,015,742.40 | 1,907,412.91* | 5.68% |
| Reserves | 14,937,403.96 | 13,976,198.68* | 6.88% |
| Deposit | 275,659,928.99 | 277,743,614.74* | -0.75% |
| Loans & Advances | 235,277,071.88 | 226,441,101.96* | 3.90% |
| Net Interest Income | 2,605,772.12 | 2,407,447.60 | 8.24% |
| Personnel Expenses | 763,642.40 | 675,955.20 | 12.97% |
| Impairment Charges | 617,083.30 | 480,981.72 | 28.30% |
| Operating Profit | 1,961,969.53 | 2,075,827.02 | -5.48% |
| Net Profit | 1,187,657.13 | 1,258,430.07 | -5.62% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 2,051,742.40 | 3,044,609.51 | - |
| Capital Adequacy (%) | 12.42 | 12.17 | 2.05% |
| NPL (%) | 7.15 | 5.86 | |
| Cost of Fund (%) | 3.81 | 4.79 | -20.46% |
| Annualized EPS (In Rs.) | 22.67 | 24.02 | -5.62% |
| Net Worth per Share (In Rs.) | 180.90 | 175.80 | 2.90% |
| Qtr end PE Ratio (times) | 11.98 | - | - |
| Qtr End Market Price | 271.7 | - | - |
