Kathmandu. Sanima Bank last fiscal year 2081. Financial statements for the fourth quarter of 82 have been made public.
According to the financial statement, the bank earned a profit of Rs 2.57 billion in the last fiscal year. The previous fiscal year 2080. The bank had posted a net profit of Rs 2.39 billion in 2018-19. In this way, the bank’s profit has increased by 5.25 percent compared to the previous year.
In the review year, the bank’s distributable profit stood at Rs 2.78 billion. The bank has the capacity to share 20.47 percent dividend. Last year it was 10.66 percent.
In the review year, the operating profit of the bank increased to Rs 3.57 billion. In the previous fiscal year, the operating profit was Rs 3.47 billion. The operating profit of the bank also increased by 2.97 percent.
In the fourth quarter of the last fiscal year, the bank earned Rs 6.35 billion in interest income. In the same period last year, the bank had earned Rs 6.18 billion in interest income. Interest income increased by 2.82 percent.
The bank has a paid-up capital of Rs 13.58 billion, a retind earnings of Rs 2.78 billion and reserves of Rs 6.56 billion. In the previous fiscal year, the retained earnings stood at Rs 1.44 billion and reserves at Rs 5.89 billion.
In the review year, the bank collected deposits of Rs 223.95 billion and invested Rs 213.62 billion in loans. In the previous fiscal year, the bank collected deposits of Rs 176.44 billion and invested Rs 159.41 billion in loans.
In the review year, the bank’s bad loan ratio (NPL) increased to 1.21 percent. In the same period last year, the bank’s NPL was 0.51 percent.
The bank’s annualised earnings per share (EPS) increased to Rs 18.93. Last year, the EPS was Rs 17.65. The bank has a net worth of Rs 168.83 per share with a PE ratio of 19.80 times.
