Everest Bank’s Net Profit Surges By 43 Percent In FY 2078/79 [Q4 Report]
July 28, 2022 | Investopaper
Everest Bank Limited (EBL) has reported a rise in net profit by 43 percent in the fiscal year 2078/79. As per the unaudited report, Everest Bank earned a net profit of Rs 2.54 Arba. In the previous fiscal year 2077/78, the bank’s net profit stood at Rs 1.82 Arba. The surge in profit is due to the increase in the net interest income of the bank by 37 percent.
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Dividend History of Everest Bank Limited (EBL)
Major Financial Indicators Of Everest Bank Limited (EBL), Fiscal Year 2078/79
Paid Up Capital: Rs 9.46 Arba
Reserve and Surplus: Rs 13.22 Arba
Deposits From Customers: Rs 172.73 Arba
Loans & Advances To Customers: Rs 145.47 Arba
Net Interest Income: Rs 5.42 Arba
Operating Profit: Rs 3.63 Arba
Net Profit: Rs 2.54 Arba
Distributable Profit: Rs 3.89 Arba
Non Performing Loans (NPL): 0.24%
Base rate: 8.82%
Earnings Per Share (EPS): Rs 27.01
Networth Per Share: Rs 240.73
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 2078/79
| Financial Indicators | FY 2078/79 | FY 2077/78 | Percent Change |
| Paid up capital(Rs.’Arba’) | 9.46 | 8.99 | 5.23 |
| Reserve and Surplus(Rs.’Arba’) | 13.22 | 11.74 | 12.61 |
| Deposits From Customers (Rs.’Arba’) | 172.73 | 160.22 | 7.81 |
| Loans & Advances To Customers (Rs.’Arba’) | 145.47 | 127.68 | 13.93 |
| Net Interest Income (Rs.’Arba’) | 5.42 | 3.95 | 37.22 |
| Operating Profit (Rs.’Arba’) | 3.63 | 2.54 | 42.91 |
| Net Profit (Rs.’Arba’) | 2.54 | 1.77 | 43.50 |
| Distributable Profit (Rs.’Arba’) | 3.89 | – | – |
| Non Performing Loans, NPL(%) | 0.24 | 0.12 | 100.00 |
| Base rate(%) | 8.82 | 5.99 | 47.25 |
| Earnings Per Share, EPS (Rs.) | 27.01 | ||
| Networth Per Share ( Rs.) | 240.73 | ||
| Market Price Per Share (Rs.) [Ashad end, 2079 BS] | 439 | ||
| P/E Ratio | 16.25 |
Source: Unaudited Q4 Report, FY 2078/79
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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