Sanima Bank’s Stellar Performance: Q4 Results Analysis and Financial Highlights
Sanima Bank, a leading commercial bank in Nepal, has released its unaudited financial results for the fourth quarter (Q4) of the fiscal year 2081/82. The Q4 report reveals impressive financial performance, showcasing growth across key areas. This Sanima Bank Q4 analysis dives deep into the numbers, providing insights for investors and financial analysts.
Profitability is on the rise! Sanima Bank reported a net profit of NPR 2.57 billion, a 7.25% increase compared to the previous year. This positive trend signifies the bank’s strong financial health and effective business strategies.
Key Financial Indicators:
- Net Interest Income also saw a positive trend, increasing by 2.82% to NPR 6.35 billion.
- Total operating income witnessed a significant jump of 8.48%, reaching NPR 8.60 billion.
- Operating profit experienced a rise of 2.97%, reaching NPR 3.57 billion.
Operational Highlights:
During the review period, Sanima Bank collected NPR 223.41 billion in deposits and disbursed NPR 176.39 billion in loans and advances. This indicates the bank’s active role in supporting economic growth and providing financial services to its customers.
Shareholder Value & Financial Metrics:
- The bank’s paid-up capital stands at NPR 13.58 billion.
- Reserves are maintained at NPR 6.60 billion.
- Earnings per share (EPS) increased to NPR 18.93, showing an 8% rise.
- Net worth per share stands at NPR 168.83.
- Sanima Bank’s distributable profit surged by 91.94%, reaching NPR 2.77 billion.
- Dividend capacity has nearly doubled compared to the previous fiscal year, reaching 20.47%. This demonstrates the bank’s commitment to shareholder returns.
Other Important Metrics:
- The price-to-earnings (P/E) ratio is 19.80 times.
- The liquidity ratio stands at 30.94%.
- The non-performing loan (NPL) ratio slightly increased to 3.01%.
This Sanima Bank Q4 results highlight the bank’s strong performance and its potential for continued growth in the competitive Nepalese banking sector. The financial performance analysis provides a comprehensive overview of Sanima Bank’s financial strength and its positive outlook for the future.
