Janata Bank Nepal has posted increase in net profit of 50.76% in the third quarter of fiscal year 2074/75.
As per the published report, net profit of the bank raise to Rs.57.57 crore in Q3 from Rs 38.18 arba in the corresponding quarter of last year.
During this period, the bank has collected deposit of Rs 54.57 arba & floated in loan & advance of Rs.51.16 arba. In the corresponding quarter of previous FY, deposit collection was Rs. 35.45 arba & floated loan of Rs.33.24 arba. Deposit collection of bank is decreased by 53.94%.
Net interest income of bank has risen to Rs.1.57 arba from Rs.74.52 crore in last year. Likewise, operating profit has fall to Rs.67.97 crore from Rs. 48.85 crore in corresponding quarter of last year. Operating profit is increased by 48.25%.
Its paid up capital is Rs. 8.00 arba with reserves of Rs. 1.37 arba.
Its non-performing loan is at 1.95% from 1.98% in the last year.
Annualized earning per share is Rs. 9.59 & Net worth per share is Rs. 117.13.PE ratio stands at 17.09 times.
Major indicators
Cost of fund: 7.87%
CD ratio: 79.08%
Return on equity: 8.24%
Return on asset: 1.17%
Bank of Kathmandu has posted surge in net profit of 4.95% in the third quarter of fiscal year 2074/75.
As per the published report, net profit of the bank raise to Rs.93.05 crore in Q3 from Rs 88.67 crore in the corresponding quarter of last year.
The bank has collected deposit of Rs. 73.90 arba & floated in loan & advance of Rs.67.25 arba. In the corresponding quarter of previous FY, deposit collection was Rs. 70.67 arba & floated loan of Rs.62.74 arba.
Net interest income of bank has risen to Rs.2.06 arba from Rs.1.93 arba in last year. Likewise, operating profit has fall to Rs.1.31 arba from Rs. 1.24 arba in corresponding quarter of last year. Operating profit is increased by 4.85%.
Its paid up capital is Rs. 7.07 arba with reserves of Rs. 4.43 arba.
Its non-performing loan is at 1.82% from 1.76% in the last year.
Annualized earning per share is Rs. 17.54 & Net worth per share is Rs. 162.75. PE ratio stands at 19.04 times.
Major indicators
Cost of fund: 8.01%
CD ratio: 77.24%
Return on equity: 12.17%
Return on asset: 1.43%
