Kathmandu. Nabil Bank for the current fiscal year 2082. The company has made public the unrevised financial statements for the third quarter (July-March) of 83 B.S.
According to the financial report, the bank has earned a net profit of Rs 6.76 billion in the first nine months of the current FY. Previous fiscal year 2081. The bank had posted a net profit of Rs 5.05 billion in the same period. The profit of the bank increased by 33.92 percent compared to the previous year.
The bank’s distributable profit stood at Rs 4.37 billion in the review period. As of the third quarter, the bank has the capacity to distribute 21.16 percent dividend.
As of mid-April, the bank’s operating profit increased to Rs 9.61 billion. Operating profit was Rs. 7.62 billion in the same period a year ago. The operating profit of the bank has also increased by 26.09 percent.
In the third quarter of the current fiscal year, the bank has earned an interest income of Rs 12.45 billion. The bank had posted a net profit of Rs 12.05 billion in the same period last year. Interest income increased by 3.36 percent.
The bank has paid-up capital of Rs 32.05 billion with rated earnings of Rs 4.37 billion and reserve capital of Rs 34.40 billion. As of mid-July of the previous year, retained earnings stood at Rs 3.85 billion and reserve at Rs 31.62 billion.
During the review period, the bank collected deposit of Rs 578.34 billion and extended loan of Rs 447.94 billion. The bank had collected deposit of Rs 524.62 billion and extended loan of Rs 410.99 billion in the review period. This figure also shows that the bank’s business has increased.
The non-performing assets ratio (NPL) of the bank has come down to 0.98 percent at mid-April of the current FY. The NPL of the bank was 1.59 percent in the same period last year.
The bank’s annual earnings per share (EPS) has increased to Rs 33.02. The EPS was Rs. 25.05 in the previous year. The bank has a net worth per share of Rs 243.30 with a P/E ratio of 16.05 times.
