Himalayan Bank Posts Rs 74.34 Crores In Profit | EPS Falls To Rs 11.47 [Q2 Report]
January 26, 2022 | Investopaper
Himalayan Bank has reported a profit of Rs. 74.34 crores until the second quarter of the fiscal year 2078/79. The bank improved its net profit by almost 14 percent as compared to the corresponding period of the previous fiscal year. In the first six months of the last fiscal year, HBL had earned Rs. 65.26 crores in net profit.
The rise in profit can be attributed to the growth in net interest income by 9 percent. The bank has accumulated Rs. 1.91 Arba as the net interest income which stood at Rs. 1.75 in the same period of the previous year. In the first six months of the current year, Himalayan Bank has a distributable profit of Rs. 24 crores.
Until Poush’s end 2078 BS, the collection of the deposit by the bank from customers stood at Rs. 165.51 Arba. Likewise, total lending to customers is Rs. 150.67 Arba.
HBL has a paid-up capital of Rs. 12.96 Arba. At this capital, the annualized EPS stood at Rs. 11.47 and per share net-worth at Rs. 157.05.
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Dividend History Of Himalayan Bank Limited (HBL)
The summarized version of the second-quarter report is shown in the table below:
Himalayan Bank Limited (HBL): Financial Highlights, Q2 Report, FY 2078/79
| Financial Indicators | Q2, F.Y. 2078/79 | Q4, F.Y. 2077/78 | Percent Change |
| Paid up capital (Rs.’Arba’) | 12.96 | 10.68 | 21.35 |
| Reserve and Surplus (Rs.’Arba’) | 7.39 | 9.44 | -21.72 |
| Deposits From Customers (Rs.’Arba’) | 165.51 | 141.02 | 17.37 |
| Loans & Advances To Customers (Rs.’Arba’) | 150.67 | 126.08 | 19.50 |
| Financial Indicators | Q2, F.Y. 2078/79 | Q2, F.Y. 2077/78 | Percent Change |
| Net Interest Income (Rs.’Arba’) | 1.91 | 1.75 | 9.14 |
| Operating Profit (Rs.’Arba’) | 1.06 | 0.98 | 8.16 |
| Net Profit (Rs.’Arba’) | 0.74 | 0.64 | 13.91 |
| Distributable Profit (Rs.’Arba’) | 0.24 | – | |
| Non Performing Loans, NPL(%) | 0.72 | 2.13 | -66.20 |
| Base rate(%) | 8.75 | 6.83 | 28.11 |
| Earnings Per Share, EPS(Rs.) | 11.47 | ||
| Networth Per Share ( Rs.) | 157.05 | ||
| Market Price Per Share (Rs.) [Poush end, 2078 B.S.] | 484 | ||
| P/E Ratio | 42.20 |
Source: Unaudited Q2 Report, FY 2078/79
Note:
The above figures are based on the unaudited second-quarter 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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