Top 4 commercial Banks of Nepal published attractive financial statements, what is the dividend capacity ?

Aug Sat 2023 02:20:58

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Top 4 commercial Banks of Nepal published attractive financial statements, what is the dividend capacity ?

Kathmandu. 4 commercial banks have published their financial statements up to the fourth quarter of the last financial year. Overall, the details of all the 4 banks are attractive. The performance of banks is good. Today we will discuss here about the key indicators of all three 4 banks.

Citizens Bank, Machhapuchhre Bank, Sanima Bank and Siddharth Bank have published their financial statements till today 19th July. Out of which, Sanima Bank has the highest dividend capacity. The bank has the ability to distribute 17.73 percent dividend.

The price earnings ratio (PE ratio) of all the 4 banks that have released their financial statements is less than 15. Investments in companies with a PE ratio of less than 15 are considered safe.

Net profit : Among the 4 banks, Siddharth Bank has excelled in terms of net profit. By the fourth quarter, the net profit of Siddharth Bank has reached 3 billion 191 million 111 thousand rupees. After that, the profit of Sanima Bank is 2 billion 61 crore 92 lakh 16 thousand rupees. The profit of Citizens Bank is 2 billion 21 crore 44 lakh rupees and the profit of Machhapuchhre Bank is 1 billion 85 crore 11 lakh 56 thousand rupees.

Distributable profits : Machapuchhre Bank has the highest distributable profit among the 4 banks. As of the fourth quarter, the distributable profit of Machhapuchhre Bank is 1 billion 56 million 87 lakh 44 thousand rupees. The distributable profit of Sanima Bank is 1 billion 24 crore 44 lakh 55 thousand rupees, the distributable profit of Citizens Bank is 1 billion 3 crore 72 lakh 76 thousand rupees and the distributable profit of Siddharth Bank is 79 crore 57 lakh 65 thousand rupees.

Dividend potential : Among the 4 banks that released their financial statements, Sanima Bank has the highest dividend potential. Sanima Bank has the capacity to distribute 17.73 percent dividend. After that, Machhapuchhre Bank has the capacity to distribute 15.29 percent, Citizens Bank 7.30 percent and Siddharth Bank 5.65 percent.

EPS : Siddharth Bank is strong in EPS. Earning per share (EPS) of Siddharth Bank is 22 rupees 64 paisa, EPS of Sanima Bank is 21 rupees 2 paisa, EPS of Machhapuchhre Bank is 18 rupees 5 paisa and Citizens Bank is 15 rupees 59 paisa.

Net worth per share : Among the 4 banks, Siddharth Bank has the highest net worth per share. The net worth per share of Siddharth Bank is 180 rupees 73 paisa, the net worth per share of Machhapuchhre Bank is 159 rupees 1 paisa, the net worth per share of Sanima Bank is 155 rupees 51 paisa and the net worth per share of Citizens Bank is 150 rupees 8 paisa.