Bank of Kathmandu earns a Net profit of Rs 93.05 crores recording below average growth; Gigantic Promoter Auction increases reserve
As per the 3rd quarter report, Bank of Kathmandu has earned a net profit of Rs 93.05 crores , this is merely 4.95% more then that earned in the previous year. The company has an EPS of Rs 17.54.
The company has a paid-up capital of Rs 7.07 arba with a reserve of Rs 4.43 arba. Bank of Kathmandu has a Net worth of Rs 162.75. The auction of promoter shares helped in collection of premium as a result company's reserve increased massively by 46.14% in the review period. In terms of deposit, Bok collected Rs 73.90 arba , recording a YoY growth of 4.57% , similarly company has extended Rs 67.25 arba, which is 7.19% more then the last year.
The Bank has earned a Net Profit of 93.05 crores, which is 4.95% more then that earned in the previous year. The company's Net Interest Income surged meagerly by 4.57% to stand at Rs 2.06 arba. The company's operating income increased by 4.85% to Rs 1.31 arba. Company's NPL was as low as 1.81 % .
Positive Sides :
- Rise in Reserve
- Company has an adequate Capital
Negative Sides :
- Below Average growth in Net Profit
- Meager growth in Deopsit and Lending.
Key Indicators :
Earning per Share : Rs 17.54
P/E Ratio : 19.04 times
Networth : Rs 162.75
ROE : 12.17%
ROA : 1.43%