Citizens Bank Reports Growth In Profit By 28 Percent In Q2
January 21, 2021 | Investopaper
Citizens Bank International (CZBIL) has reported a growth in net profit by almost 28 percent in the second quarter of the fiscal year 2077/78. Based on the unaudited report, the bank has posted a net profit of Rs 87.52 crores, up from Rs 68.77 crores of the corresponding period of the previous fiscal year.
With the rise in profit, the annualized Earnings per share (EPS) stood at Rs 17.83. Likewise, the per-share networth of the bank is Rs 143.95.
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Citizens Bank’s Performance In FY 2076/77
Dividend History Of Citizens Bank International (CZBIL)
The table below presents the summarized version of quarterly report published by Citizens Bank International (CZBIL).
Citizens Bank International Second Quarter Report Summary, FY 2077/78
| Financial Indicators | Q2, F.Y. 2077/78 | Q4, F.Y. 2076/77 | Percent Change |
| Paid up capital(Rs.’Arba’) | 9.82 | 9.09 | 8.03 |
| Reserve and Surplus(Rs.’Arba’) | 4.31 | 4.32 | -0.23 |
| Deposits From Customers (Rs.’Arba’) | 105.18 | 88.5 | 18.85 |
| Loans & Advances To Customers (Rs.’Arba’) | 87.87 | 78.97 | 11.27 |
| Financial Indicators | Q2, F.Y. 2077/78 | Q2, F.Y. 2076/77 | Percent Change |
| Net Interest Income(Rs.’Arba’) | 1.44 | 1.61 | -10.56 |
| Operating Profit (Rs.’Arba’) | 1.16 | 0.95 | 22.11 |
| Net Profit (Rs.’Arba’) | 0.87 | 0.68 | 27.94 |
| Distributable Profit (Rs.’Arba’) | 0.84 | – | – |
| Non Performing Loans, NPL(%) | 2.42 | 0.99 | 144.44 |
| Base rate(%) | 8.25 | 10.35 | -20.29 |
| Earnings Per Share, EPS(Rs.) | 17.83 | ||
| Networth Per Share ( Rs.) | 143.95 | ||
| Market Price Per Share (Rs.) [Poush end, 2077] | 295 | ||
| P/E Ratio | 16.55 |
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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