Siddhartha Bank Limited (SBL) has posted increment in net profit of 6.44% in the second quarter of the current fiscal year 2074/75.
As per the unaudited report published today, the commercial bank has stated that its net profit increased to Rs 77.28 crore in Q2 of the fiscal year 2074/75 from Rs 72.60 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 85.56 arba where the bank floated loans of Rs 75.69 arba.
It has paid up capital of Rs 7.05 arba with Rs 4.10 arba in reserve. Its paid up capital will reach to Rs 8.47 arba after adjustment of 10% right and 14% bonus shares.
Its NPL stands at 1.5%.
Its Earning per Share (EPS) stands at Rs 21.90 where net worth per share stands at Rs 158.17. It has P/E ratio of 16.56 times.
| Particulars (In Rs '000) |
SBL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
7,056,515 |
5,235,008 |
34.79% |
| Reserve & Surplus |
4,104,861 |
2,471,861 |
66.06% |
| Deposits |
85,566,023 |
74,935,731 |
14.19% |
| Borrowings |
445,752 |
600,000 |
-25.71% |
| Loans & Advances |
75,695,473 |
62,659,288 |
20.80% |
| Net Interest Income |
1,396,759 |
1,306,585 |
6.90% |
| Provision for possible losses |
349,490 |
277,739 |
25.83% |
| Operating Profit |
866,905 |
871,554 |
-0.53% |
| Net Profit |
772,815 |
726,037 |
6.44% |
| NPL (%) |
1.5 |
1.5 |
0.00% |
| Annualized EPS (In Rs.) |
21.90 |
27.74 |
-21.03% |
| Net Worth per Share (In Rs.) |
158.17 |
147.22 |
7.44% |
| P/E Ratio (In times) |
16.56 |
- |
- |
Announcement:
Likewise, Sanima Bank Limited (SANIMA) has registered impressive net profit rise of 32.51 percent in the second quarter (Q2) of the fiscal year 2074/75.
Publishing the unaudited quarterly report for the second quarter today, the commercial bank has registered a net profit of Rs. 82.47 crorea in the Q2 of fiscal year 2074/75, up from Rs. 62.24 crore in the corresponding quarter of fiscal year 2073/74.
Sanima Bank has a paid up capital of Rs 8.01 arba with reserve of Rs 1.88 arba in Q2 of the fiscal year 2074/75.
The commercial bank’s net interest income surged to Rs 1.33 arba in the second quarter compared to Rs 1.09 arba of the corresponding quarter of the previous fiscal year.
The bank’s non-performing loan remains at 0.03 percent which is lowest among all commercial banks.
SANIMA’s annualized EPS remains at Rs 20.62 in Q4. Likewise, its net worth per share stands at Rs.123.55 and P/E ratio is 16.54 times.
Major Highlights:
| Particulars (In Rs '000) |
SANIMA |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
8,001,255 |
5,305,872 |
50.80% |
| Reserve & Surplus |
1,884,362 |
1,416,291 |
33.05% |
| Deposits |
85,566,023 |
74,935,731 |
14.19% |
| Borrowings |
448,517 |
2,635,494 |
-82.98% |
| Loans & Advances |
60,520,178 |
46,921,795 |
28.98% |
| Net Interest Income |
1,332,045 |
1,090,286 |
22.17% |
| Provision for possible losses |
112,747 |
95,911 |
17.55% |
| Operating Profit |
1,246,168 |
953,996 |
30.63% |
| Net Profit |
824,784 |
622,411 |
32.51% |
| NPL (%) |
0.03 |
0.01 |
200.00% |
| Annualized EPS (In Rs.) |
20.62 |
23.46 |
-12.13% |
| Net Worth per Share (In Rs.) |
123.55 |
126.69 |
-2.48% |
| P/E Ratio (In times) |
16.54 |
22.8 |
-27.46% |
Announcement:
Similarly, Citizens Bank International (CZBIL) has shown 0.49% decrease in net profit in the second quarter of the current fiscal year 2074/75.
As per the unaudited report published today, the commercial bank has stated that its net profit decreased to Rs 62.86 crore in Q2 of the fiscal year 2074/75 from Rs 63.16 crore in the corresponding quarter of the previous fiscal year 2073/74.
Its deposit collection reached to Rs 58.46 arba where the bank floated loans of Rs 53.31 arba.
It has paid up capital of Rs 8.02 arba with Rs 1.99 arba in reserve. Its NPL stands at 1.94%.
Its Earning per Share (EPS) stands at Rs 15.66 where net worth per share stands at Rs 124.87. It has P/E ratio of 18.2 times.
| Particulars (In Rs '000) |
CZBIL |
| Q2 2074/75 |
Q2 2073/74 |
Difference |
| Paid Up Capital |
8,029,160 |
5,537,352 |
45.00% |
| Reserve & Surplus |
1,996,853 |
1,915,233 |
4.26% |
| Deposits |
58,464,929 |
52,749,234 |
10.84% |
| Borrowings |
2,314,261 |
1,634,462 |
41.59% |
| Loans & Advances |
53,316,112 |
46,782,081 |
13.97% |
| Net Interest Income |
974,919 |
855,147 |
14.01% |
| Provision for possible losses |
136,591 |
119,688 |
14.12% |
| Operating Profit |
832,661 |
682,852 |
21.94% |
| Net Profit |
628,600 |
631,668 |
-0.49% |
| NPL (%) |
1.94 |
1.32 |
46.97% |
| Annualized EPS (In Rs.) |
15.66 |
22.81 |
-31.37% |
| Net Worth per Share (In Rs.) |
124.87 |
134.59 |
-7.22% |
| P/E Ratio (In times) |
18.2 |
- |
- |
Announcement:
