Prabhu Bank earns Distributable Profit of Rs. 5.57 crores; NPL rises to 3.32%

November 11, 2019 | Investopaper

Prabhu Bank Limited has earned a net profit of almost Rs 63 crores in the first quarter of the fiscal year 2076/77. The profit is only 5 percent higher than the corresponding period of the previous year. However, the bank has earned only Rs. 5.57 crores as the distributable profit.

The current capital of the bank is Rs. 8.89 Arba with the reserve and surplus of Rs. 5.97 Arba. At this capital, the Earnings Per Share (EPS) is Rs. 28.27 with a per-share net worth of Rs. 167.12.

Until the first quarter of this fiscal year, Prabhu Bank has collected Rs. 106.47 Arba as the deposit from the customer. Likewise, the bank floated total loans of Rs. 91.69 Arba.

The first-quarter report of Prabhu Bank is summarized in the table below:

Prabhu Bank Limited First Quarter Report, 2076/77

HEADINGS 1st QTR, 2076/77 4th QTR, 2075/76 PERCENT CHANGE
PAID-UP CAPITAL (Rs. In Arba) 8.89 8.89 0.00
RESERVE & SURPLUS (Rs. In Arba) 5.97 5.43 9.94
DEPOSITS from Customer (Rs. In Arba) 106.47 105.49 0.93
LOANS  (Rs. In Arba) 91.69 85.82 6.84

 

HEADINGS 1st QTR, 2076/77 1st QTR, 2075/76 PERCENT CHANGE
NET INTEREST INCOME (Rs. In Arba) 1.41 1.13 24.78
PROFIT (Rs. In Arba) 0.63 0.6 5.00
DISTRIBUTABLE PROFIT (Rs. In Arba) 0.06
NON PERFORMING LOANS, NPL (%) 3.32 2.51 32.27
BASE RATE(%) 9.24 9.49 -2.63
EARNINGS PER SHARE, EPS (Rs.) 28.27
NETWORTH PER SHARE (Rs.) 167.12
MARKET PRICE PER SHARE (Rs.) [Ashwin 30, 2076] 265
P/E RATIO 9.37

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