Reserve and surplus of Nepal Bank observes massive increment after FPO; Bank reports average Q1 performance with decreased EPS
Wed, Nov 14, 2018 8:41 AM on Financial Analysis, Stock Market, Latest,
Nepal Bank Limited has posted a fall of 5.91% in the net profits of Q1 for the FY 75/76 as per the standards provided by NFRS.
A massive growth of 311.95% can be seen in the Reserves and Surplus of the bank compared to the same quarter of the previous year. Significant growth can also be seen in the borrowings of the bank.
Deposits have increased by meager 0.77% to Rs 93.43 arba while loans and advances have increased by 7.26% to Rs 79.04 arba..
A growth of 88.40% can be seen in the Net Worth per Share; which was at Rs.159.18 previous year is now standing at Rs.299.89 per share.
The Non-Performing Loans of the bank fell from 3.42% to 2.78%.
The EPS posted by the bank Rs.39.93 which is 17.34% less as compared to previous year’s EPS.
Major Highlights:
|
Particulars (In Rs '000) |
NBL |
||
|---|---|---|---|
|
Q1 2075/76 |
Q1 2074/75 |
Difference |
|
|
Paid Up Capital |
9,808,192 |
8,042,662 |
21.95% |
|
Reserve & Surplus |
19,606,058 |
4,759,372 |
311.95% |
|
Deposits |
93,431,456 |
92,720,739 |
0.77% |
|
Borrowings |
43,163 |
16,162 |
167.06% |
|
Loans & Advances |
79,049,145 |
73,695,712 |
7.26% |
|
Net Interest Income |
1,369,999 |
1,394,025 |
-1.72% |
|
Operating Profit |
1,281,314 |
910,131 |
40.78% |
|
Net Profit |
913,884 |
971,318 |
-5.91% |
|
Total Comprehensive Income afterShare of NCI |
441,908 |
971,318 |
-54.50% |
|
Add/ Less: Regulatory adjustment as per NRB |
65,291 |
- |
- |
|
Free Profit/ (Loss) after Regulatory Adjustments |
979,175 |
971,318 |
0.81% |
|
NPL |
2.78 |
3.42 |
-18.71% |
|
Annualized EPS (In Rs.) |
39.93 |
48.31 |
-17.34% |
|
Net Worth per Share (In Rs.) |
299.89 |
159.18 |
88.40% |
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