Nabil Bank Reports 8.7 Percent Drop In Profit | Annualized EPS Stands At Rs 24.39 (Q3 Report)
April 19, 2022 | Investopaper
Nabil Bank, the leading commercial bank of Nepal, has posted a net profit of Rs 3.35 Arba in the nine months of the current fiscal year 2078/79. The net profit has decreased by 8.70 percent as compared to the corresponding quarter of the previous year. Until the third quarter of F. Y. 2077/78, the bank had earned a net profit of Rs. 3.67 Arba.
The net profit has declined due to the impairment charge of Rs. 61.50 crores. However, the bank has reported a 29.5 percent increase in net interest income as compared to the same period of the last year.
As of Chaitra end 2078 BS, Nabil Bank has paid-up capital of Rs. 18.49 Arba, and reserve & surplus of Rs. 16.69 Arba. The bank has a deposit collection from customers of Rs. 234.22 Arba. It has floated the loans & advances of Rs. 221.98 Arba to the customers during the same period.
The Annualized Earnings Per Share (EPS) is Rs. 24.39 while the per share net-worth is Rs. 190.29.
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Dividend History Of Nabil Bank Limited (NABIL)
See the financial highlights of Nabil Bank in the third quarter of this fiscal year in the table below:
Nabil Bank Limited: Financial Highlights, Q3 Report, FY 2078/79
| Financial Indicators | Q3, F.Y. 2078/79 | Q4, F.Y. 2077/78 | Percent Change |
| Paid up capital (Rs.’Arba’) | 18.49 | 13.84 | 33.60 |
| Reserve and Surplus (Rs.’Arba’) | 16.69 | 19.85 | -15.92 |
| Deposits From Customers (Rs.’Arba’) | 234.22 | 223.47 | 4.81 |
| Loans & Advances To Customers (Rs.’Arba’) | 221.98 | 198.02 | 12.10 |
| Financial Indicators | Q3, F.Y. 2078/79 | Q3, F.Y. 2077/78 | Percent Change |
| Net Interest Income (Rs.’Arba’) | 6.59 | 5.09 | 29.5 |
| Operating Profit (Rs.’Arba’) | 4.78 | 5.24 | -8.8 |
| Net Profit (Rs.’Arba’) | 3.35 | 3.67 | -8.7 |
| Distributable Profit (Rs.’Arba’) | 2.16 | – | – |
| Non Performing Loans, NPL (%) | 1.14 | 0.48 | |
| Base rate (%) | 8.22 | 6.18 | |
| Earnings Per Share, EPS (Rs.) | 24.39 | ||
| Networth Per Share ( Rs.) | 190.29 | ||
| Market Price Per Share (Rs.) [Chaitra end, 2078 BS] | 971 | ||
| P/E Ratio | 39.81 |
Source: Unaudited Q3 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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