Sanima Bank registers profit of Rs 1.20 arba; EPS stand at Rs 20.04 at the end of third quarter

Sat, Apr 21, 2018 10:07 PM on Financial Analysis, Stock Market, Latest,

Sanima Bank Limited (SANIMA) has registered a 27.33% increase in its net profit in the third quarter (Q3) of the current fiscal year 2074/75.

According to the unaudited financial report published by the commercial bank today, its net profit has surged to Rs 1.20 arba in third quarter, up from Rs 94.69 crore in the corresponding quarter of the last fiscal year 2073/74.

The operating profit increased to Rs 1.84 arba from Rs 1.43 arba as compared to the corresponding quarter of last fiscal year. SANIMA’s net interest income has risen to Rs 2.07 arba in the third quarter as compared to Rs 1.65 arba in the corresponding quarter last year.

Its deposits collection has also increased by 33.87% to Rs 71.53 arba in Q3 from Rs 53.43 arba in the corresponding period last year. Up to the end of Q3, it has also extended loans and advances of Rs 64.32 arba whereas in the same period last year, the figure stood at Rs 48.59 arba.

Its non-performing loan has increased to 0.17% from 0.04% in the review period. Its Earnings Per Share has decreased to Rs 20.09 while its net worth per share stands at Rs 128.24. Its P?E ratio stands at 17.7 times.

Major Highlights

Particulars (In Rs '000)

SANIMA

Q3 2074/75

Q3 2073/74

Difference

Paid Up Capital

8,001,255

5,305,872

50.80%

Reserve & Surplus

2,259,363

1,740,803

29.79%

Deposits

71,530,955

53,432,243

33.87%

Borrowings

1,803,500

834,971

116.00%

Loans & Advances

64,322,096

48,596,841

32.36%

Net Interest Income

2,076,092

1,652,964

25.60%

Provision for possible losses

199,052

115,381

72.52%

Operating Profit

1,849,831

1,436,165

28.80%

Net Profit

1,205,680

946,917

27.33%

NPL (%)

0.17

0.04

325.00%

Annualized EPS (In Rs.)

20.09

23.80

-15.57%

Net Worth per Share (In Rs.)

128.24

132.81

-3.44%

P/E Ratio (In times)

17.7

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