Agriculture Development Bank limited (ADBL) has posted raise in net profit by 13.51% in the second quarter of this fiscal year 2074/75.
As per the published report, Agriculture Development Bank has reported increased in net profit to 1.02 arba from 90.66 crore in the second quarter of last year. It is increased by 13.51%.
ADBL has collected deposit of 98.17 arba & disbursed in loans of 92.12 arba.
Net interest income is decreased by 14.73% to 2.65 arba. Operating profit also decreased by 40.3% to 40.08 crore from 68.49 crore in the last year.
Its Paid up capital reached to 8.50 arba with reserve of 8.92 arba.
Non-performing loan (NPL) stands at 3.95% which is consider as high.
Credit to deposit (CD) ratio is 79.59% which is tight. So bank need collect deposit more to float loan. Cost of fund is 6.22%.
Annualized earning per share (EPS) is 24.20. Net worth per share is 204.89.
PE ratio stands a t 20.62 times.
Also Read: Rastriya Banijya Bank has posted net profit of 1.78 arba.
Nepal Bank limited (NBL) has stated fall in net profit by 13.54% in the second quarter of this FY 2074/75.
As per the published report, Nepal Bank has posted fall in net profit to 1.63 arba from 1.89 arba in the corresponding quarter of last year.
NBL has collected a deposit of 91.89 arba & disbursed in loan & advance of 78.71 arba.
Its net interest income is 2.94 arba. Operating profit is increased by 28.57% to 1.77 arba from 1.38 arba in the last year.
Its paid up capital of 8.04 arba with reserve of 5.04 arba.
Non-performing loan (NPL) stands at 3.23%. Cost of fund is 2.94%. CD ratio remains at 75.30%.
Annualized earning per share is 40.74 & Net worth per share is 162.76.
PE stands at 8.64 times.
