Everest Bank’s Net Profit Plunges By 27 Percent [Q4 Report]

August 13, 2021 | Investopaper

Everest Bank Limited (EBL) has reported a decline in net profit by 27 percent in the fiscal year 2077/78. As per the unaudited report, Everest Bank earned a net profit of Rs 1.82 Arba. In the previous fiscal year 2076/77, the bank’s  net profit stood at Rs 2.51 Arba. The fall in profit is due to the decline in the net interest income of the bank by 25 percent.


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Dividend History of Everest Bank Limited (EBL)

Everest Bank’s Q3 Report


Major Financial Indicators Of Everest Bank Limited (EBL), Fiscal Year 2077/78

Paid Up Capital: Rs 8.93 Arba

Reserve and Surplus: Rs 10.75 Arba

Deposits From Customers: Rs 160.22 Arba

Loans & Advances To Customers: Rs 127.68 Arba

Net Interest Income: Rs 3.96 Arba

Operating Profit: Rs 2.61 Arba

Net Profit: Rs 1.82 Arba

Distributable Profit: Rs 2.36 Arba

Non Performing Loans (NPL): 0.12%

Base rate: 5.99%

Earnings Per Share (EPS): Rs 20.56

Networth Per Share: Rs 232.58


Related: Financial Analysis of Commercial Banks of Nepal [With Ranking]


The table below summarizes the report of Everest Bank.

Everest Bank Limited (EBL): Report Summary, FY 2077/78

Financial Indicators Q4, FY 2077/78 Q4, 2076/77 Percent Change
Paid up capital(Rs.’Arba’) 8.93 8.51 4.94
Reserve and Surplus(Rs.’Arba’) 10.75 10.12 6.23
Deposits To Customers (Rs.’Arba’) 160.22 143.54 11.62
Loans & Advances To Customers (Rs.’Arba’) 127.68 112.21 13.79
Net Interest Income (Rs.’Arba’) 3.96 5.31 -25.42
Operating Profit (Rs.’Arba’) 2.61 3.58 -27.09
Net Profit (Rs.’Arba’) 1.82 2.51 -27.49
Distributable Profit (Rs.’Arba’) 2.36
Non Performing Loans, NPL(%) 0.12 0.22 -45.45
Base rate(%) 5.99 8.05 -25.59
Earnings Per Share, EPS(Rs.) 20.56
Networth Per Share ( Rs.) 232.58
Market Price Per Share (Rs.) [Ashad end, 2078 BS] 738
P/E Ratio 35.89

Source: Unaudited Q4 Report, FY 2077/78


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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