A Comparative Study Between Nabil, Global IME and NIC Asia Bank

Kathmandu. Commercial bank Nabil Global IME and NIC Asia Bank have published the financial statement of the first quarter. Based on the financial statement published by the bank, the comparative report made by Bimapost between the three companies is as follows.The comparative report between the three companies is as follows,

Source: 1st Quater Reports :

Based on paid up capital :

In terms of paid-up capital, there is Global IME Bank. The paid up capital of the bank is Rs.357.7 million.

Nabil Bank is in the second place. The paid up capital of the bank is 270.5 million rupees.

The third is NIC Asia Bank. The paid up capital of the bank is 149.1 million rupees.

Based on reserve fund :

On the basis of reserve fund, Nabil Bank is in the forefront. The reserve fund of the bank has an amount of Rs.280 million.

Second is Global IME Bank. The reserve fund of the bank is Rs.210 million.

The third is NIC Asia Bank. The reserve fund of the bank is Rs.160 million.

Net interest income:

On the basis of net interest income, during this quarter, the bank’s net interest income has reached over 4.17 billion. In the same period last year, the net interest income was limited to 3.67 billion. Global IME Bank has netted 4.80 billion net interest income. In the same period last year, such income was limited to 3.2 billion.

NIC Asia Bank’s net interest income is Rs.2.74 billion. Net profit:

Nabil Bank has managed to earn 1.46 billion net profit. Compared to the same period of the previous year, the profit of the bank has decreased. The bank earned a profit of 1.57 billion in the previous financial year.

Global IME Bank’s net profit has increased to over 1. 22 billion.

NIC Asia Bank has managed to earn a profit of only 1.1 billion this year.

Distributable profits :

The distributable profit of Nabil Bank is 3.96 billion rupees.

The distributable profit of Global IME Bank is 3.32 billion.

NIC Asia Bank’s distributable profit has seen a decline of more than 980 million.

Operating profit :

The operating profit of Nabil Bank is 2 billion 12 billion rupees.

Global IME Bank has reached over 1.79 billion.

NIC Asia’s own operating profit is 1.54 billion rupees.

Deposits and loans :

Until the review period, Nabil Bank has collected 414 billion deposits and mobilized more than 353 billion loans. Till the same period of the previous year, 396 billion deposits were collected and more than 332 billion loans were mobilized.

Global IME Bank collected more than 443 billion deposits and mobilized more than 357 billion loans until the review period. Until this period of the previous year, more than 426 billion deposits were collected and 356 billion more loans were mobilized.NIC Asia Bank has collected more than 363 billion deposits and mobilized more than 294 billion loans till the review period. Until this period of the previous year, more than 311 billion deposits were collected and 261 billion loans were mobilized.

Earnings per share :

Global IME Bank’s annualized earnings per share is Rs.13.71. In the same period last year, it was Rs.

Nabil Bank has 21.31 rupees. Last year it was Rs. 27.01.

NIC Asia Bank’s previous year’s EPS was Rs.59.62. This year it is Rs.26.58.

Net worth per share and price earnings ratio :

Nabil Bank’s price earnings ratio is 26.84 times and net worth per share is Rs.218.27.

NIC Asia Bank has a price-to-earnings ratio of 19.46 times, while the net worth per share is Rs.202.05.

Global IME Bank’s price earnings ratio is 14.74 times and net worth per share is Rs.168.30.