Comparative Performance: Century Commercial vs Janata Bank
May 13, 2019 | Investopaper
Two commercial banks of Nepal, Janata Bank, and Century Commercial have published their unaudited third quarter report for the fiscal year 2075/76. As per the report, the net profit of Janata Bank has grown by more than 60 percent to Rs. 1.02 arba from 63.75 crores in the last year corresponding quarter.
On the other hand, Century Commercial Bank has reported a decline in its net profit by 9.06 percent to Rs. 61.06 from Rs 67.15 crore in the last year corresponding quarter. The reason for the decline is due to huge provision for possible losses i.e. 34.56 crores.
See the major financial highlights of these two banks below and decide whether to go with Janata or Century stocks.
| Headings | Janata Bank | Century Commercial Bank |
| Paid up capital (Rs. ‘Arba’) | 8.00 | 8.25 |
| Reserve & Surplus(Rs. ‘Arba’) | 1.75 | 1.18 |
| Deposits (Rs. ‘Arba’) | 70.45 | 57.82 |
| Loans (Rs. ‘Arba’) | 64.70 | 57.40 |
| Net Interest Income (Rs. ‘Arba’) | 2.45 | 1.97 |
| Net Profit (Rs. ‘Arba’) | 1.02 | 0.61 |
| Free/ Distributable Profit (Rs. ‘crores’) | 61.73 | 34.60 |
| Non Performing Loans, NPL (%) | 1.21 | 1.53 |
| Base rate(%) | 10.52 | 11.32 |
| Earnings Per Share, EPS (Rs.) | 17.06 | 9.87 |
| Networth Per Share (Rs.) | 122.69 | 124.36 |
| Market price per share (Rs.) Baisakh 25 | 204 | 174 |
| P/E Ratio | 11.96 | 17.63 |
I want to all 28 commercial bank’s annual report (financial report) to analyze interest income and interest expenses during 5 year period (2071/72 to 2075/76).
Please help me.
Thank you.