See the major highlights from Q1 report of Bank of Kathmandu

Fri, Nov 16, 2018 9:48 AM on Financial Analysis, Latest, Stock Market,

Bank of Kathmandu Limited (BOKL) has reported a huge rise in the net profit for the first quarter of the fiscal year 2075/76. As per the quarterly report published today, the net profit has increased by 72.65% in the fiscal year.

The bank’s profit has increased from Rs 22.40 crore in the first quarter of the fiscal year 2074/75 to Rs 38.60 crore in the first quarter of the fiscal year 2075/76. In the first quarter of the FY 2075/76, the bank had Rs 27.56 crore as Free Profit after Regulatory Adjustments which can be utilized in distributing dividends to its shareholders.

The bank’s deposit has decent growth rate of 15.79% to Rs 79.95 arba and loans and advances have also increased by 17.47% to Rs 71.60 arba in the first quarter.

The net interest income of the bank has increased to Rs 87.79 crore from Rs 57.36 crore of the corresponding quarter.

The bank’s paid up capital stands at Rs 7.07 arba with Rs 5.96 arba as its reserve as of the end of Q1 of FY 2075/76.

The Non-Performing Loan (NPL) has decreased to 1.61% from 2.08%.

In the first quarter, the EPS of the bank stands at Rs 21.88. The net worth per share stands at Rs 184.29.

Major Highlights: 

Particulars (In Rs '000)

BOKL

Q1 2075/76

Q1 2074/75

Difference

Paid Up Capital

7,072,896

5,629,576

25.64%

Reserve & Surplus

5,961,400

3,538,180

68.49%

Deposits

79,957,448

69,054,048

15.79%

Borrowings

863,163

289,518

-

Loans & Advances

71,605,571

60,957,802

17.47%

Net Interest Income

877,909

573,679

53.03%

Operating Profit

547,744

311,831

75.65%

Net Profit

386,824

224,045

72.65%

Total Comprehensive Income afterShare of NCI

378,423

224,045

68.90%

Add/ Less: Regulatory adjustment as per NRB

111,185

-

-

Free Profit/ (Loss) after Regulatory Adjustments

275,639

224,045

23.03%

NPL

1.61

2.08

-

Annualized EPS (In Rs.)

21.88

15.92

37.42%

Net Worth per Share (In Rs.)

184.29

162.85

13.16%

P/E Ratio (In times)

17.17

-

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