Nepal SBI reports a YoY growth of 24.94% in Net profit ; Annualized EPS of Rs 22.86

As per the 3rd quarter report, Nepal SBI Bank has earned a net profit of Rs 1.37 arba. This is 24.94% more then what earned in the previous year. The company now has an annualized EPS of Rs 22.86. 

The company currently has a paid-up capital of Rs 8.04 arba with a reserve of Rs 4.15 arba. It has a per share net worth of Rs 151.69. In terms of deposit, a meager fall of 1.90% is noticed as the company has collected 83.84 arba as deposit. Similarly, a growth of 19.99% is recorded in lending, as the company has lended Rs 74.05 arba in the review period. 

The major contributor for the growth in Net profit is the rise in Net Interest Income by 31.68%. Similarly, the income from foreign exchange and other operation has also significantly increased. The company's non operating income rose noticably and has contributed to the rise in Net profit. A growth of 25.89% is seen in the company's operating income. 

Positive Sides :

• Low NPL of 0.13%
• Rise in Operating Profit and Net Profit
• Rise in Reserves

 

Negative Sides :  

• No growth in deposit collection
• Significant rise in staff expense

Key Indicators :

Earning Per Share (EPS)  : Rs 22.86

P/E Ratio                           : 24.06 times

P/B Ratio                           : 3.62 times

Networth Per Share          : Rs 151.69