Bank of Kathmandu earns Rs 93.05 crore in the third quarter; Bank managed to perform decent in the third quarter

Thu, Apr 26, 2018 2:09 AM on Financial Analysis, Latest, Stock Market,

Bank of Kathmandu Limited (BOKL) has published its quarterly report for the third quarter of the current fiscal year 2074/75.

As per the unaudited quarterly report published by the commercial bank today, its net profit has increased by 4.95% to Rs 93.05 crore at the end of third quarter this year.

Similar improvements can be seen in its deposit and loans growth that have grown by 4.57% and 7.19% respectively. As of the end of Q3 this year, its deposit base stands at a whopping Rs 73.90 arba with loans of Rs 67.25 arba. It has been able to increase its net interest income by 6.47% to a massive Rs 2.06 arba.

As of the end of Q3, BOKL’s paid up capital stands at Rs 7.07 arba, reserve at Rs 4.43 arba and net worth per share of Rs 162.75. Its annualized EPS has slightly decreased to Rs 17.54 with P/E ratio at 19.04 times.

Major Highlights:

Particulars (In Rs '000)

BOKL

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

7,072,696

5,629,576

25.63%

Reserve & Surplus

4,438,001

3,036,762

46.14%

Deposits

73,903,367

70,675,574

4.57%

Borrowings

65,008

50,000

30.02%

Loans & Advances

67,252,773

62,740,705

7.19%

Net Interest Income

2,062,720

1,937,398

6.47%

Provision for possible losses

283,525

216,884

30.73%

Operating Profit

1,310,411

1,249,823

4.85%

Net Profit

930,574

886,713

4.95%

NPL (%)

1.82

1.76

3.41%

Annualized EPS (In Rs.)

17.54

21.00

-16.47%

Net Worth per Share (In Rs.)

162.75

153.94

5.72%

P/E Ratio (In times)

19.04

-

-

ROE (Annualised)%

12.17

14.31

-14.95%

ROA (Annualised)%

1.43

1.44

-0.69%