Standard Chartered Bank shows a euphoric growth ; Net profit rises by 42%

As per the 3rd quarter report, Standard Chartered Bank has earned a net profit of Rs 1.50 arba , this is 41.84% more then that earned in the previous year. The company has an EPS of Rs 25.10.

The company has a paid-up capital of Rs 8.01 arba with a reserve of Rs 5.36 arba. Standard Chartered has a Net worth of Rs 166.93.  The company's reserve increased by 10.82% in the review period. In terms of deposit, SCB Bank collected Rs 69.01 arba , recording a YoY fall of 12.29% , similarly company has extended Rs 46.41 arba, which is 24.22% more then the last year. 

The Bank has earned a Net Profit of 1.50 arba, which is 41.84% more then that earned in the previous year. The company's Net Interest Income surged by 43.75% to stand at Rs 2.23 arba. The company's operating income increased by 43.34% to Rs 2.31 arba. Company's NPL was as low as 0.21 % .

 

Positive Sides :

• Low NPL 
• Rise in Operating Profit 
• Increase in Net Profit 
• Company has an adequate Capital

Negative Sides :

• Fall in total deposit Collection

 

Key Indicators :

Earning per Share : Rs 25.12

P/E Ratio                : 34.03 times

Networth                : Rs 166.93 

ROE                        : 16.97%

ROA                        : 2.64%