Nepal SBI Bank Posts Rs. 2.04 Arba Net Profit in Q4 End, FY 2082/83; EPS at Rs. 18.04 and PE Ratio at 21.78 Times
Summary
Nepal SBI Bank Limited reported a net profit of Rs. 2.04 arba in Q4 of FY 2082/83, up 12.89% year-on-year, driven mainly by lower impairment charges. Its EPS rose to Rs. 18.04 while loans, deposits, and reserves all increased during the period.
Key Points
- Nepal SBI Bank posted a net profit of Rs. 2.04 arba in the fourth quarter of FY 2082/83, a 12.89% increase from the same period last year.
- Earnings per share rose to Rs. 18.04 and the quarter-end P/E ratio stood at 21.78 times based on a market price of Rs. 392.9 per share.
- Customer deposits increased 6.62% to Rs. 2.12 kharba and loans and advances grew 8.23% to Rs. 1.46 kharba.
- The bank’s NPL ratio improved to 2.92% while operating profit fell 30.20% year-on-year to Rs. 1.91 arba.
