Agricultural Development Bank (ADBL) Reports 23 Percent Drop In Net Profit [Q4 Report]
August 4, 2022 | Investopaper
Agricultural Development Bank Limited (ADBL) has published the unaudited fourth-quarterly report of the fiscal year 2078/79. As per the report, the bank has earned a net profit of Rs 2.69 Arba. The profit has declined by 23 percent as compared to the corresponding period of the previous fiscal year. In the fiscal year 2077/78, ADBL had posted a net profit of Rs 3.52 Arba.
The profit has declined due to the loss of Rs. 26.24 crores from trading activities of the bank. In the fiscal year 2077/78, ADBL has reported Rs 99.42 crores as net trading income.
Agricultural Development Bank (ADBL)-Major Financial Indicators For FY 2078/79
Paid Up Capital: Rs 18.62 Arba
Reserve and Surplus: Rs 15.12 Arba
Deposits From Customers: Rs 166.49 Arba
Loans & Advances To Customers: Rs 178.51 Arba
Net Interest Income: Rs 7.77 Arba
Operating Profit: Rs 4.11 Arba
Net Profit: Rs 2.69 Arba
Distributable Profit: Rs 3.9 Arba
Non-Performing Loans (NPL): 1.68%
Base rate: 8.9%
Earnings Per Share (EPS): Rs 17.93
Networth Per Share: Rs 212.25
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Dividend History Of Agricultural Development Bank (ADBL)
Financial Analysis of Commercial Banks of Nepal [With Ranking]
The financial performance of Agricultural Development Bank (ADBL) is summarized in the table below:
Agricultural Development Bank (ADBL): Report Summary, FY 2078/79
| Financial Indicators | FY 2078/79 | FY 2077/78 | Percent Change |
| Paid up capital (Rs.’Arba’) | 18.62 | 16.42 | 13.40 |
| Reserve and Surplus (Rs.’Arba’) | 15.12 | 15.08 | 0.27 |
| Deposits From Customers (Rs.’Arba’) | 166.49 | 162.81 | 2.26 |
| Loans & Advances To Customers (Rs.’Arba’) | 178.51 | 150.59 | 18.54 |
| Net Interest Income (Rs.’Arba’) | 7.77 | 6.86 | 13.27 |
| Operating Profit (Rs.’Arba’) | 4.11 | 5.03 | -18.29 |
| Net Profit (Rs.’Arba’) | 2.69 | 3.52 | -23.58 |
| Distributable Profit (Rs.’Arba’) | 3.9 | – | |
| Non Performing Loans, NPL(%) | 1.68 | 1.88 | -10.64 |
| Base rate (%) | 8.9 | 7.13 | 24.82 |
| Earnings Per Share, EPS(Rs.) | 17.93 | ||
| Net-worth Per Share ( Rs.) | 212.25 | ||
| Market Price Per Share (Rs.) [Ashad end, 2079 BS] | 331 | ||
| P/E Ratio | 18.46 |
Source: Unaudited Q4 Report, FY 2078/79
#The capital includes the preference share worth Rs. 5.43 Arba
Note:
The above figures are based on the un-audited quarterly report published by the respective company. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.
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