NOTICE OVERVIEW
- Organization: EVEREST BANK LIMITED
- Organization Type: Banking & Financial
- Notice Type: Financial
- Source: Kantipur
- Deadline: May 24, 2017
- Tagged with: EVEREST BANK LIMITED, Financial statement, Investments, UNAUDITED FINANCIAL RESULTS
EVEREST BANK LIMITED
(A joint-Venture with punjab national bank, India)
UNAUDITED FINANCIAL RESULTS
As at 3rd Quarter 31/12/2073) 13/04/2017) of the Fiscal Year 2073/74
Rs. in’ 000
S.No | Particulars | This Quarter 31.12.2073 (13.04.2017) | Previous Quarter 29.09.2073 (13.01.2017) | Corresponding Previous year 30.12.2072 (12.04.2016) |
1 | Total Capital and Liabilities [ 1.1 to 1.7) | 114,031,664 | 112,657,152 | 97,867,615 |
1.1 | Paid Up Capital * | 4,606,427 | 4,606,427 | 2,742,604 |
1.2 | Reserve and Surplus | 5,433,543 | 4,879,236 | 5,356,825 |
t .3 | Debenture and Bond | 1,068,845 | 1,068,845 | 1,068,845 |
1.4 | Borrowings | 12,500 | 7,500 | – |
1.5 | Deposits ( a+b) | 92,811,441 | 90,436,607 | 79,818,425 |
a. Domestic Currency | 86,195,606 | 84,124,231 | 68,601,757 | |
b. Foreign Currency | 6,615,835 | 6,312,376 | 11,216,667 | |
1.4 | Income Tax Liability | 13,803 | 6,440 | 39.333 |
1.7 | Other Liabilities | 10,085,105 | 11,652,097 | 8,841,583 |
2 | Total Assets (2.1 to 2.7) | 114,031,664 | 112,657,152 | 97,867,615 |
2.1 | Cash & Bank Balance | 23,375,661 | 20,572,150 | 14.183,310 |
2.2 | Money at Call & Short Notice | – | 2.800,031 | 1.300,000 |
2.3 | Investments | 12,366,167 | 12,470,342 | 19,572,932 |
2.4 | Loans and Advances (Gross) (a+b+c+d+e+f) | 73,550,546 | 72,618,124 | 59,183,268 |
a. Real Estate Loan | 5,079,148 | 4,130,919 | 3,205,134 | |
1. Residential Housing Loan (Except Personal Housing Loan upto Rs. 1 Cr) | 2,329,168 | 2,238,969 | 1.505.125 | |
2. Business Complex S. Residential Apartment Construction Loan | 977,729 | 1,006,243 | 1,038,988 | |
3. Income Generating Commercial Complex Loan | 893,680 | 609,316 | 625,558 | |
4. Other Real Estate Loan (Including Land purchase & Plotting) | 878,571 | 276,392 | 35,463 | |
b. Personal Housing Loan upto Rs. 1 Cr. | 10,165,050 | 10.036,938 | 8,878,766 | |
c. Margin Type Loan | 1,236,404 | 1,360,426 | 489,055 | |
d. Term Loan | 17,458,032 | 16,995,472 | 12,180,630 | |
e. Overdraft Loan /TR Loan /Working Capital Loan | 29,793,137 | 30,791,677 | 26.356,567 | |
f. Others | 9,818,776 | 9,302,691 | 8.073.116 | |
2.5 | Fixed Assets | 783,774 | 756,221 | 709,369 |
2.6 | Non Banking Assets ( Net of provision) | – | – | – |
2.7 | Other Assets | 3,955,515 | 3,440,284 | 2,918,736 |
3 | Up to This | Up to Previous | Up to Corresponding | |
Quarter | Quarter | Previous year Quarter | ||
3.1 | Interest Income | 4,577,252 | 2,828,193 | 3,540,847 |
3.2 | Interest Expense | 1,902,289 | 1.061,560 | 1,375,236 |
A. Net Interest Income ( 3.1-3.2) | 2,674,962 | 1,766,633 | 2,165,611 | |
3.3 | Fees Commissions and Discounts | 249,442 | 167,706 | 198,090 |
3.4 | Other Operating Income | 384,330 | 259,321 | 340,917 |
3.5 | Foreign Exchange Gain/Loss | Net] | 65,862 | 44,317 | 84,226 |
B. Total Operatfng Income ( A+3.3+3.4+3.5) | 3,374,597 | 2,237,976 | 2,788,844 | |
3.6 | Staff Expenses | 484,546 | 334,980 | 465,182 |
3.7 | Other Operating Expenses | 443,462 | 319,634 | 373,700 |
C. Operating Profit before provlsion( B 3.6-3.7) | 2,446,589 | 1,583,363 | 1,949,962 | |
3.8 | Provision for possible losses | 91,533 | 96,570 | 69,414 |
D. Operating Profit ( C-3.8) | 2,355,056 | 1,486,793 | 1,880,548 | |
3.9 | Non Operating Income/Expenses (Net] | 7.452 | 4,662 | 13,035 |
3.10 | Write back of provision for possible loss | 35,306 | 35,306 | 53,003 |
E. Profit from Regular Activities ( D+3.9+3.10) | 2,397,815 | 1,526,760 | 1,946,586 | |
3.11 | Extra Ordinary Income/Expenses (Net) | – | – | |
F. Profit before Bonus and Taxes( E+3.11) | 2,397,815 | 1,526,760 | 1,946,191 | |
3.12 | Provision for Staff Bonus | 217,983 | 138,796 | 176,926 |
3.13 | Provision for Income Tax | 653,949 | 416,389 | 560,212 |
G. Net Profit/Loss ( F-3.12-3.13) | 1,525,882 | 971,575 | 1,209,052 | |
4 | Ratios | |||
4.1 | Capital Fund to RWA | 13.88% | 13.25% | 13.95% |
4.2 | Non Performing Loan (NPL) to Total Loan | 0.67% | 0.70% | 0.63% |
4.3 | Total Loan Loss Provision to NPL | 100.00% | 100.00% | 100.00% |
4.4 | Average Yield | 8.92% | 7.68% | 7.01% |
4.5 | Cost of Deposit | 4.18% | 2.79% | 2.03% |
4.6 | Average Interest Spread | 4,74% | 4.89% | 4.98% |
4.7 | Base Rate | 7.03% | 5.48% | 4.72% |
4.8 | Credit to Deposit Ratio (Calculated as per NRB Directives) | 70.89% | 76.60% | 76.43% |
Other information | ||||
1 | Earning Per Share (Met Profit/Total No. of Ordinary Shares) | 44.95 | 42.93 | 61.47 |
2 | Market Share Price (in Rs.) | 2080 | 1925 | 2802 |
3 | Price Earning Ratio | 46.28 | 44.84 | 45.58 |
4 | Net Liquid Asset/Deposit (As per NRB Directives in %) | 38.43 | 39.55 | 38.18 |
5 | Return on Total Net Assets (Annualized in %) | 1.79 | 1.72 | 1.64 |
6 | Return on EquityfAnnualized in %) | 24.12 | 23.15 | 23.81 |
7 | Net Worth Per share [in Rs.J | 220.04 | 207,79 | 304.26 |
8 | Total Assets Per Shares.) | 2519.24 | 2488.88 | 3731.70 |
- Paid Up Capital includes Convertible Preference Shares of Rs. 8 crore.
The above figures are subject to change upon otherwise instructions from Statutory Auditors & Supervising Authority.