Rastriya Banijya Bank leads the industry; Joins billionaire club in the first quarter
Mon, Nov 19, 2018 7:28 AM on Financial Analysis, Stock Market, Latest,
Rastriya Banijya Bank Limited (RBB) has reported 57.73% rise in the net profit in the first quarter of the fiscal year 2075/76 to stay in top of the industry.
The bank’s profit has increased from 70.95 crore in the first quarter of the fiscal year 2074/75 to Rs 1.11 arba in the first quarter of the fiscal year 2075/76. In the first quarter of the FY 2075/76, the bank has massive amount of Rs 72.23 crore as Free Profit after Regulatory Adjustments which can be utilized in distributing dividends to its shareholders.
The bank’s deposit has growth rate of 10.53% to Rs 1.64 kharba and loans and advances have also increased by 13.12% to Rs 1.23 kharba in the first quarter.
The net interest income of the bank has increased to Rs 1.60 arba from Rs 1.74 arba of the corresponding quarter.
The bank’s paid up capital stands at Rs 9 arba with Rs 12.54 arba as its reserve as of the first quarter of FY 2075/76.
The Non-Performing Loan (NPL) has also increased to 3.83% from 2.92%.
In the first quarter, the EPS of the bank stands at Rs 49.71. The net worth per share stands at Rs 239.37.
Major Highlights:
|
Particulars (In Rs '000) |
RBB |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
9,004,796 |
8,588,972 |
4.84% |
|
Reserve & Surplus |
12,549,806 |
5,193,010 |
141.67% |
|
Deposits |
164,168,004 |
148,526,121 |
10.53% |
|
Borrowings |
181,790 |
166,014 |
9.50% |
|
Loans & Advances |
123,908,956 |
109,541,776 |
13.12% |
|
Net Interest Income |
2,606,448 |
1,749,964 |
48.94% |
|
Operating Profit |
1,585,567 |
1,012,701 |
56.57% |
|
Net Profit |
1,119,076 |
709,507 |
57.73% |
|
Total Comprehensive Income afterShare of NCI |
1,119,076 |
709,507 |
57.73% |
|
Add/ Less: Regulatory adjustment as per NRB |
(396,701) |
- |
- |
|
Free Profit/ (Loss) after Regulatory Adjustments |
722,375 |
709,507 |
1.81% |
|
NPL |
3.83 |
2.92 |
31.16% |
|
Annualized EPS (In Rs.) |
49.71 |
33.04 |
50.44% |
|
Net Worth per Share (In Rs.) |
239.37 |
160.46 |
49.17% |
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