Comparative Performance: Prime Bank and NCC Bank.
May 9, 2019 | Investopaper
Two commercial banks Prime Commercial (PCBL) and Nepal Credit and Commerce Bank (NCCB) have published their unaudited third-quarter report for the fiscal year 2075/76.
As per the report, the profit of Prime commercial bank has risen by 31.36 percent in comparison to the corresponding quarter of last fiscal year. Similarly, Nepal Credit and Commercial Bank have been able to raise its profit by 21.08 percent compared to the corresponding quarter of last fiscal year.
See the financial highlights of the two banks below and decide which one is the better of the two. Feel free to share your views in the comment section.
| Headings | Prime Bank | Nepal Credit and Commerce Bank(NCCB) |
| Paid up capital (Rs. ‘Arba’) | 8.03 | 7.02 |
| Reserve & Surplus(Rs. ‘Arba’) | 2.33 | 3.27 |
| Deposits (Rs. ‘Arba’) | 68.65 | 61.46 |
| Loans (Rs. ‘Arba’) | 69.86 | 56.8 |
| Net Interest Income (Rs. ‘Arba’) | 2.6 | 2.23 |
| Net Profit (Rs. ‘Arba’) | 1.54 | 1.16 |
| Free/ Distributable Profit (Rs. ‘Arba’) | 1.007 | 0.84 |
| Non Performing Loans, NPL (%) | 1.58 | 3.26 |
| Base rate(%) | 10.2 | 10.86 |
| Earnings Per Share, EPS (Rs.) | 25.69 | 22.11 |
| Networth Per Share (Rs.) | 158.48 | 174.66 |
| Market price per share (Rs.) Baisakh 25 | 354 | 247 |
| P/E Ratio | 13.78 | 11.17 |
