See the Q1 report of 4 commercial bank; NMB & Prime shows outstanding performance where Himalayan & Mega Bank's unsatisfactory performance

  • Sijan Bajracharya
Major Highlights:  com 4 hbl nov 2 Explanations: Himalayan Bank Limited (HBL) has posted decrease in net profit of 6.47 percent for the first quarter of the current fiscal year 2074/75. Publishing the unaudited financial report for today, the commercial bank has stated that its net profit decreased to Rs 41.01 crore in Q1 of the fiscal year 2074/75 from Rs 43.84 crore in the corresponding quarter of the previous fiscal year 2073/74. Its net interest income has also decreased from Rs 82.61 crore in corresponding quarter to Rs 77.54 crore in Q1. HBL has paid up capital of Rs 6.49 arba with Rs 5.68 arba in reserve. It has announced 25% bonus shares from the net profit of FY 2073/74 and after which paid up capital will reach to Rs 8.11 arba. The commercial bank has collected deposits of Rs 96.13 arba and floated loans of Rs 80.78 arba in Q1. The bank’s NPL has inclined to 1.24 % in Q1 from 1.17% in the corresponding quarter. Its Earning per Share (EPS) stands at Rs 25.27 where net worth per share stands at Rs 187.60. It has P/E ratio of 35.35 times.   NMB Bank Limited (NMB) has posted impressive rise in net profit by 27.61 percent for the first quarter of the current fiscal year 2074/75. Publishing the unaudited financial report for today, the commercial bank has stated that its net profit rise to Rs 45.13 crore in Q1 of the fiscal year 2074/75 from Rs 35.36 crore in the corresponding quarter of the previous fiscal year 2073/74. Its net interest income has decreased from Rs  63.32 crore in corresponding quarter to Rs 61.70 crore in Q1. It has paid up capital of Rs 6.46 arba with Rs 4.67 arba in reserve. It should hike its capital by Rs 1.54 arba (around 23%) to meet the capital requirement. The commercial bank has collected deposits of Rs 71.94 arba and floated loans of Rs 62.87 arba in Q1. The bank’s NPL has decreased to 1.67% in Q1 from 1.83% in the corresponding quarter. Its Earning per Share (EPS) stands at Rs 27.94 where net worth per share stands at Rs 172.34. It has P/E ratio of 17.36 times. Prime Commercial Bank Limited (PCBL) has also posted outstanding rise in net profit by 36.12 percent for the first quarter of the current fiscal year 2074/75. Publishing the unaudited financial report for today, the commercial bank has stated that its net profit increased to Rs 34.17 crore in Q1 of the fiscal year 2074/75 from Rs 25.15 crore in the corresponding quarter of the previous fiscal year 2073/74. It has paid up capital of Rs 6.32 arba with Rs 3.45 arba in reserve. It should hike its capital by Rs 1.68 arba (around 26%) to meet the capital requirement. The bank’s NPL has decreased to 1.37 % in Q1 from 1.32 % in the corresponding quarter. Its Earning per Share (EPS) stands at Rs 21.61 where net worth per share stands at Rs 154.68. It has P/E ratio of 20.55 times. Mega Bank Limited (MEGA) has posted massive decrease in net profit by 44.75 percent for the first quarter of the current fiscal year 2074/75. Publishing the unaudited financial report for today, the commercial bank has stated that its net profit declined to Rs 8.11 crore in Q1 of the fiscal year 2074/75 from Rs 14.69 crore in the corresponding quarter of the previous fiscal year 2073/74. It has paid up capital of Rs 4.58 arba with Rs 1.36 arba in reserve. It has undergone into merger with Tourism Development Bank Limited (TDBL) to meet the capital requirement. The bank’s NPL has increased to 1.67% in Q1 from 1.08 % in the corresponding quarter. Its Earning per Share (EPS) stands at Rs 7.09 where net worth per share stands at Rs 129.80 It has P/E ratio of 66.57 times.