Nepal Bank Earns Rs 2.26 Arba | EPS At Rs 23.87 (Q3 Report)
April 26, 2021 | Investopaper
Nepal Bank Limited (NBL) has reported a rise in profit by 13 percent in the third quarter of the fiscal year 2077/78. The bank which earned Rs. 1.99 Arba in the corresponding quarter of the previous year generated a profit of Rs. 2.26 Arba until the third quarter of this fiscal year.
The increase in profit is mainly due to the growth in the net interest income of the bank. The net interest income rose from Rs. 4.21 Arba in the third quarter of the previous fiscal year to Rs. 4.71 Arba this year.
As of Chaitra end 2077 BS, Nepal Bank has a deposit collection (from customers) of Rs. 151.60 Arba. Likewise, the loans and advances (to customers) amount to Rs. 127.92 Arba.
As per the report, the annualized Earnings per Share (EPS) stands at Rs. 23.87 while the per-share networth is Rs 270.22.
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The unaudited report of Nepal Bank is summarized in the table below:
Nepal Bank Limited (NBL): Third Quarterly Report Summary, FY 2077/78
| Financial Indicators | Q3, FY 2077/78 | Q4, FY 2076/77 | Percent Change |
| Paid up capital(Rs.’Arba’) | 12.63 | 11.28 | 11.97 |
| Reserve and Surplus(Rs.’Arba’) | 21.5 | 18.74 | 14.73 |
| Deposits From Customers (Rs.’Arba’) | 151.6 | 141.53 | 7.12 |
| Loans & Advances To Customers (Rs.’Arba’) | 127.92 | 103.3 | 23.83 |
| Financial Indicators | Q3, FY 2077/78 | Q3, FY 2076/77 | Percent Change |
| Net Interest Income(Rs.’Arba’) | 4.71 | 4.21 | 11.88 |
| Operating Profit (Rs.’Arba’) | 3.43 | 2.65 | 29.43 |
| Net Profit (Rs.’Arba’) | 2.26 | 1.99 | 13.57 |
| Distributable Profit (Rs.’Arba’) | 1.47 | – | – |
| Non Performing Loans, NPL(%) | 2.29 | 2.64 | -13.26 |
| Base rate(%) | 5.98 | 7.49 | -20.16 |
| Earnings Per Share, EPS(Rs.) | 23.87 | ||
| Networth Per Share ( Rs.) | 270.22 | ||
| Market Price Per Share (Rs.) [Chaitra end, 2077 BS] | 459.00 | ||
| P/E Ratio | 19.23 |
Note:
The above figures are based on the unaudited 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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