Nepal Bank Posts Net Profit Of Rs 1.41 Arba [Q2 Report]
January 24, 2022 | Investopaper
Nepal Bank Limited (NBL) has posted a net profit of Rs 1.41 Arba until the second quarter of the current fiscal year 2078/79. The bank’s profit has increased by 4 percent as compared to the corresponding period of the previous year.
However, the operating profit has plunged by almost 20 percent. Nepal Bank has earned an operating profit of Rs 1.63 Arba, down from Rs 2.04 Arba of the same period last year. The decline in the operating profit is due to the impairment charges of Rs 38.74 crores
As of Poush’s end 2078 BS, Nepal Bank has a paid-up capital of Rs 14.40 Arba. Likewise, the reserve and surplus remain at an impressive Rs 19.89 Arba. Until the second quarter of the current fiscal year, the bank has collected Rs 182.84 Arba as deposits and floated Rs 163.1 Arba as loans and advances to the customers.
The unaudited second-quarterly report of Nepal Bank is summarized in the table below:
Nepal Bank Limited (NBL): Q2 Report Summary, FY 2078/79
| Financial Indicators | Q2, F.Y. 2078/79 | Q4, F.Y. 2077/78 | Percent Change |
| Paid up capital (Rs.’Arba’) | 14.4 | 12.63 | 14.01 |
| Reserve and Surplus (Rs.’Arba’) | 19.89 | 20.57 | -3.31 |
| Deposits From Customers (Rs.’Arba’) | 182.84 | 162.81 | 12.30 |
| Loans & Advances To Customers (Rs.’Arba’) | 163.1 | 135.42 | 20.44 |
| Financial Indicators | Q2, F.Y. 2078/79 | Q2, F.Y. 2077/78 | Percent Change |
| Net Interest Income (Rs.’Arba’) | 3.02 | 2.97 | 1.68 |
| Operating Profit (Rs.’Arba’) | 1.63 | 2.04 | -20.10 |
| Net Profit (Rs.’Arba’) | 1.41 | 1.35 | 4.44 |
| Distributable Profit (Rs.’Arba’) | 0.41 | – | |
| Non Performing Loans, NPL(%) | 1.91 | 2.88 | -33.68 |
| Base rate(%) | 6.92 | 6.19 | 11.79 |
| Earnings Per Share, EPS(Rs.) | 19.67 | ||
| Networth Per Share ( Rs.) | 238.12 | ||
| Market Price Per Share (Rs.) [Poush end, 2078 B.S.] | 381 | ||
| P/E Ratio | 19.37 |
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.
Note: If you want to see the reports of other companies, Click Here.
