Which development bank ran ahead in the fourth quarter; See the major highlights of 6 national level development banks

Jyoti Bikas Bank Limited (JBBL) has posted a net profit surge of 33.58 percent in the fourth quarter of the fiscal year 2074/75.

As per the unaudited financial report for the last quarter published today, the development bank has stated that it has accumulated net profit of Rs 30.51 crore in the Q4 up from Rs 22.84 crore in the corresponding period of previous fiscal year report.

Its net interest income increased to Rs 76.56 crore in Q4 from Rs 51.27 crore in the corresponding quarter previous year. The bank has collected deposits of Rs 19.54 arba while it has mobilized loans and advances of Rs 16.10 arba in Q4. The deposit and loan amount stood at Rs 10.51 arba and Rs 9.13 arba respectively in the previous year corresponding quarter.

Jyoti Bikas Bank has a paid up capital of Rs 2.59 arba and reserve of Rs 51.53 crore.

Its non performing loan (NPL) has decreased from 0.96% in corresponding quarter to 0.36% in Q4. Its Earnings per Share (annualized) remains at Rs 11.77 and net worth per share stands at Rs 119.87. Its P/E ratio stands at 11.98 times.

Major Highlights:

Shangrila Development Bank Limited (SADBL) has earned Rs 32.76 crore in the fourth quarter of the fiscal year 2074/75. The bank has posted decline in profit by 5.79% percent in the fourth quarter. In the previous year corresponding quarter, the net profit figure was Rs 34.77 crore.

Publishing the unaudited financial report today, its net interest income rose to Rs 78.80 crore from Rs 70.97 crore in corresponding quarter of the previous fiscal year.

The development bank has collected deposits of Rs 17.78 arba in the Q4 up from Rs 13.87 arba in the corresponding quarter. Likewise, it has extended loans and advances of Rs 14.65 arba in Q4 whereas in the same period last year the figure stood at Rs 11.66 arba.

SADBL’s Earning per Share (EPS) stand at Rs 13.07 and its net worth per share at Rs. 125.35.

Major Highlights:

Kailash Bikas Bank Limited (KBBL) has reported increase in net profit by 10.09% in the fourth quarter of the fiscal year 2074/75.

As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 55.32 crore in Q4 from Rs 50.25 crore reported in the corresponding quarter of the previous fiscal year 2073/74.

It has collected deposits of Rs 22.86 arba and floated loans of Rs 20.12 arba in Q4 of fiscal year.

It’s paid up capital remains at Rs 2.52 arba and has reserve of Rs 1.09 arba.

The development bank’s non-performing loan (NPL) decreased to 0.32% from 0.88%. The EPS of KBBL stands at Rs 21.95 and Net worth per share stands at Rs 143.36.

Major Highlights:

Lumbini Bikas Bank Limited (LBBL) has reported tremendous boost in net profit by 129.49% in the fourth quarter of the fiscal year 2074/75.

As per the report published in newspaper, the development bank has stated that its net profit increased to Rs 40.17 crore in Q4 from Rs 17.50 crore reported in the corresponding quarter of the previous fiscal year 2073/74.

It has collected deposits of Rs 22.18 arba and floated loans of Rs 18.36 arba in Q4 of fiscal year while it has borrowings in the last quarter.

It’s paid up capital remains at Rs 2.17 arba and has reserve of Rs 1.14 arba.

The development bank’s provision for possible losses decreased by 90.29% to Rs 1.96 crore in the fourth quarter of the fiscal year from Rs 20.22 crore in the corresponding quarter last year. Its non-performing loan (NPL) decreased to 2.75% from 3.79%.

Its Earning Per Share (EPS) now stands at Rs 18.48, net worth per share at Rs 152.85 and P/E ratio at 7.90 times.

Major Highlights:

Deva Bikas Bank Limited (DBBL) has registered a slight fall of 4.87% in its net profit in the fourth quarter (Q4) of the fiscal year 2074/75.

According to the unaudited financial report published by the development bank today, its net profit has fallen to Rs 27.53 crore in fourth quarter, from Rs 28.94 crore in the corresponding quarter of the last fiscal year 2073/74. The operating profit increased to Rs 46.10 crore from Rs 41.85 crore as compared to the corresponding quarter of last fiscal year.

DBBL’s net interest income has risen to Rs 69.34 crore in the last quarter as compared to Rs 55.48 crore in the corresponding quarter. Its deposits collection reached Rs 15.69 arba in Q4 from only Rs 10.41 arba in the corresponding period last year.

Likewise, it has extended loans and advances of Rs 13.59 arba in Q4 whereas in the same period last year, the figure stood at Rs 9.57 arba.

Its non-performing loan has also inclined to 1.92 percent in Q4 from 1.24 percent in the previous year’s report.

Annualized Earning per share (EPS) of DBBL stands at Rs 10.87 and net worth per share is at Rs 118.99.

Its paid up capital and reserves remains at Rs 2.53 arba and Rs 48.12 crore respectively.

Major Highlights:

Kamana Sewa Bikas Bank Limited (KSBBL) has registered 94.45 percent surge in net profit in the fourth quarter of the fiscal year 2074/75. Its net profit has increased to Rs 34.33 crore in last quarter from Rs 17.65 crore in the corresponding quarter of the fiscal year 2073/74.

According to the unaudited financial report published by the development bank today, Kamana Sewa Bikas Bank’s net interest income has risen to Rs 71.94 crore in Q4 as compared to Rs 39.11 crore in the corresponding quarter. It’s paid up capital remains at Rs 2.50 arba.

The development bank also amassed huge amount of deposits in the Q4 of the ongoing fiscal year. Deposits collection reached Rs 15.75 arba in Q4 from Rs 6.98 arba in the corresponding period last year.

Likewise, it has extended loans and advances of Rs 13.44 arba in Q4 of FY 2074/75 whereas in the same period last year the figure stood at Rs 6.11 arba.

Its non-performing loan has decreased to 0.69 percent in Q4 up from 1.39 percent in the previous year report.

KSBBL’s earning per share (EPS) stand at Rs 13.72 , net worth per share at 128.83, and the P/E ratio at 10.49 times.

Major Highlights: