Positive Effect of Merger seen in Janata Bank Net Profit ; CCD at 79.08%

The effect of mergers and acquisition is seen in Janata Bank, as the Net Profit rose magnificiantly by 50.76%. The company has earned a net profit of Rs 57.57 crores which was merely Rs 38.18 crores in the 3rd quarter of previous year. Janata bank has a per share earning of Rs 9.59. 

The company currently has a paid-up capital of Rs 8.00 arba with a reserve of Rs 1.37 arba. It has a per share net worth of Rs 117.13. An above average growth is recoded in terms of deposit, as it rose by 53.94% to Rs 54.57 arba. the same was noticed in lending as company lended Rs 51.16 arba in the fist nine months of the fy.  JBNL has a NPL of 1.95%

The company's Net Interest Income surged by massive 111.27% to Rs 1.57 arba. A significant increase was seen in company's income from fee, comission and other operation. However, the merger with other company's increased janata bank's staff and operating expenses. Yet the non-operating income and writebank added to the company's income to increase the profit. 

Positive Sides :

• Above average growth in Net Profit
• Astounding growth in Net Interest Income
• Maintained Per share Earnings
• Rise in Reserves
• Balanced growth in Deposit and lending

Negative Sides :  

• Significant rise in staff expense
• CCD near the ceiling

Key Indicators :

Earning Per Share (EPS)  : Rs 9.59

P/E Ratio                           : 17.09 times

P/B Ratio                           : 1.40 times

Networth Per Share          : Rs 117.13