NIC Asia Bank Reports EPS Of Rs. 40.22 [Q4 Report]

August 6, 2023 | Investopaper

NIC Asia Bank has posted a net profit of Rs 4.65 Arba in the fiscal year 2079/80. As per the unaudited report, the profit of the bank has increased by 10 percent as compared to the previous year. In the fiscal year 2078/79, NIC Asia Bank had earned Rs 4.21 Arba in net profit.

The major financial indicators of NIC Asia Bank Limited in fiscal year 2079/80 are:

Financial Indicators Of NIC Asia Bank Limited (NICA): FY 2079/80

Paid Up Capital: Rs 11.56 Arba

Reserve and Surplus: Rs 14.23 Arba

Deposits From Customers: Rs 311.36 Arba

Loans & Advances To Customers: Rs 262.09 Arba

Net Interest Income: Rs 12.37 Arba

Operating Profit: Rs 6.82 Arba

Net Profit: Rs 4.65 Arba

Distributable Profit: Rs 3.69 Arba

Non Performing Loans (NPL): 0.8%

Base rate: 9.98%

Earnings Per Share (EPS): Rs 40.22

Networth Per Share: Rs 256.41

The report of NIC Asia Bank is also summarized in the table below:

NIC Asia Bank Limited (NICA): Report Summary, FY 2079/80

Financial Indicators	FY 2079/80	FY 2078/79	Percent Change
Paid up capital(Rs.’Arba’)	11.56	11.56	0.00
Reserve and Surplus(Rs.’Arba’)	14.23	13.28	7.15
Deposits From Customers (Rs.’Arba’)	311.36	289.9	7.40
Loans & Advances To Customers (Rs.’Arba’)	262.09	252.44	3.82
Net Interest Income(Rs.’Arba’)	12.37	11.27	9.76
Operating Profit (Rs.’Arba’)	6.82	5.96	14.43
Net Profit (Rs.’Arba’)	4.65	4.21	10.45
Distributable Profit (Rs.’Arba’)	3.69
Non Performing Loans, NPL(%)	0.8	0.53	50.94
Base rate(%)	9.98	9.25	7.89
Earnings Per Share, EPS (Rs.)	40.22
Networth Per Share ( Rs.)	256.41
Market Price Per Share (Rs.) [Ashad’s end, 2080 BS]	793.8
P/E Ratio	19.74

Source: Unaudited Q4 Report, FY 2079/80

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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