Sunrise Bank Limited earns Rs 94.21 crore in the third quarter; Deposit and Loans amount to Rs 65.14 arba and Rs 57.94 arba
Mon, Apr 23, 2018 1:07 AM on Financial Analysis, Latest, Stock Market,
Sunrise Bank Limited (SRBL) has published its third quarter report for the current fiscal year witnessing 9.81% rise in the net profits.
As per the unaudited financial statement, its net profit has increased by 9.81% to Rs 94.21 crore at the end of the third quarter of the fiscal year.
Its paid up capital stands at Rs 8.15 arba with Rs 2.45 arba as reserve and surplus.
Its deposit and loans growth that have grown by a 12.20% and 13.91% respectively. In the ongoing fiscal year, its deposit base stands at Rs 65.14 arba with loans of Rs 57.94 arba. Its CD ratio stands at 77.90%.
SRBL’s net interest income has risen from Rs 1.92 arba in Q3 to Rs 1.61 arba in the corresponding quarter of previous fiscal year.
The bank’s non-performing loan (NPL) has declined to 1.45 percent from 1.5 percent in Q3 of the previous fiscal year.
Its earning per share (EPS) now stand at Rs 15.41, net worth per share is at Rs 130.11 and P/E ratio at 15.84 times.
Major Highlights:
|
Particulars (In Rs '000) |
SRBL |
||
|---|---|---|---|
|
Q3 2074/75 |
Q3 2073/74 |
Difference |
|
|
Paid Up Capital |
8,152,556 |
5,453,212 |
49.50% |
|
Reserve & Surplus |
2,455,100 |
2,008,434 |
22.24% |
|
Deposits |
65,147,716 |
58,062,457 |
12.20% |
|
Borrowings |
886,920 |
- |
- |
|
Loans & Advances |
57,943,765 |
50,866,104 |
13.91% |
|
Net Interest Income |
1,920,535 |
1,613,909 |
19.00% |
|
Provision for possible losses |
415,728 |
236,440 |
75.83% |
|
Operating Profit |
1,180,433 |
1,194,524 |
-1.18% |
|
Net Profit |
942,122 |
857,931 |
9.81% |
|
NPL (%) |
1.45 |
1.5 |
-3.33% |
|
Annualized EPS (In Rs.) |
15.41 |
20.98 |
-26.55% |
|
Net Worth per Share (In Rs.) |
130.11 |
136.83 |
-4.91% |
|
P/E Ratio (In times) |
15.84 |
- |
- |
