Sanima Bank Limited (SANIMA) has registered a 41.24% increase in its net profit in the third quarter (Q3) of the current fiscal year 2073/74.
According to the unaudited financial report published by the commercial bank today, its net profit has surged to Rs 94.69 crore in third quarter, up from Rs 67.04 crore in the corresponding quarter of the last fiscal year 2072/73. The operating profit increased to Rs 1.43 arba from Rs 1.02 arba as compared to the corresponding quarter of last fiscal year.
SANIMA’s net interest income has risen to Rs 1.65 arba in the third quarter as compared to Rs 1.20 arba in the corresponding quarter last year. Its deposits collection has also increased by 23% to Rs 53.43 arba in Q3 from Rs 43.44 arba in the corresponding period last year.
Up to the end of Q3, it has also extended loans and advances of Rs 48.59 arba whereas in the same period last year, the figure stood at Rs 36.46 arba.
Its non-performing loan has also decreased to 0.04% from 0.12% in the review period.
Its Earnings Per Share has decreased to Rs 23.80 after its capital increased by 73.38% in the review period. It had issued 50% right share and 15% bonus share n the last fiscal year 2072/73. It is also floating a
further 30% right share from April 30, 2017 to June 4, 2017.
Major Highlights:
| Indicators (Rs in "000") |
FY 2073/74 Q3 |
FY 2072/73 Q3 |
Difference (%) |
| Paid Up Capital |
5,305,872 |
3,060,288 |
73.38% |
| Reserve and Surplus |
1,740,803 |
1,040,821 |
67.25% |
| Deposits |
53,432,243 |
43,441,963 |
23.00% |
| Loans and Advances |
48,596,841 |
36,469,545 |
33.25% |
| Net Interest Income |
1,652,964 |
1,208,621 |
36.76% |
| Provision |
115,381 |
98,664 |
- |
| Write Back |
2,365 |
16,957 |
- |
| Operating Profit |
1,436,165 |
1,027,820 |
39.73% |
| Net Profit |
946,917 |
670,416 |
41.24% |
| Capital Adequacy Ratio |
13.20% |
11.12% |
- |
| NPL |
0.04% |
0.12% |
-66.67% |
| Base Rate |
9.11% |
5.58% |
- |
| Cost of Fund |
4.68% |
3.91% |
|
| CD Ratio (as per NRB) |
75.17% |
77.66% |
- |
| EPS (Annualized) |
23.80 |
29.21 |
-18.53% |
| PE Ratio |
20.00 |
|
|
| Networth Per Share |
132.81 |
|
|
