Rastriya Banijya Bank leads the race among the commercial banks; Net profit nearing Rs 5 arba with EPS at Rs 54.41
Fri, Aug 17, 2018 8:05 AM on Financial Analysis, Stock Market,
Rastriya Banijya Bank (RBB) has reported 33.48% rise in the net profit in the fourth quarter of the fiscal year 2074/75.
The bank’s profit has increased from 3.67 arba in the fourth quarter of the fiscal year 2073/74 to Rs 4.89 arba in the fourth quarter of the fiscal year 2074/75. In the last quarter of the FY 2074/75, the bank has massive amount of Rs 4.32 arba as Free Profit after Regulatory Adjustments which can be utilized in distributing dividends to its shareholders.
The bank’s deposit has growth rate of 9.89% to Rs 1.69 kharba and loans and advances have also increased by 13.01% to Rs 1.24 kharba in the last quarter.
The net interest income of the bank has increased to Rs 10.05 arba from Rs 7.17 arba of the corresponding quarter.
The bank’s paid up capital stands at Rs 9.004 arba with Rs 13.09 arba as its reserve as of the end of FY 2074/75.
The Non-Performing Loan (NPL) stands unchanged at 3.77%.
In the fourth quarter, the EPS of the bank stands at Rs 54.41. The net worth per share stands at Rs 245.48.
Major Highlights:
|
Particulars (In Rs '000) |
RBB |
||
|---|---|---|---|
|
Q4 2074/75 |
Q4 2073/74 |
Difference |
|
|
Paid Up Capital |
9,004,796 |
8,588,972 |
4.84% |
|
Reserve & Surplus |
13,099,801 |
6,700,399 |
95.51% |
|
Deposits |
169,337,056 |
154,101,572 |
9.89% |
|
Borrowings |
429,242 |
180,847 |
137.35% |
|
Loans & Advances |
124,423,472 |
110,101,401 |
13.01% |
|
Net Interest Income |
10,059,079 |
7,175,747 |
40.18% |
|
Operating Profit |
6,621,963 |
4,631,032 |
42.99% |
|
Net Profit |
4,899,716 |
3,670,804 |
33.48% |
|
Total Comprehensive Income afterShare of NCI |
2,988,541 |
2,410,649 |
23.97% |
|
Add/ Less: Regulatory adjustment as per NRB |
(570,960) |
(894,495) |
-36.17% |
|
Free Profit/ (Loss) after Regulatory Adjustments |
4,328,756 |
2,776,309 |
55.92% |
|
NPL |
3.77 |
3.77 |
0.00% |
|
Annualized EPS (In Rs.) |
54.41 |
42.74 |
27.31% |
|
Net Worth per Share (In Rs.) |
245.48 |
178.01 |
37.90% |
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