Janata Bank Ltd. : Fundamental Analysis of FY 2070/71

जनता बैंक नेपालको विश्लेषण
पूँजी, जगेडा, निक्षेप तथा लगानी
चुक्ता पूँजी २ अरब ६ करोड, संचित कोष १५ करोड ३ लाख ८२ हजार, निक्षेप १८ अरब ४४ करोड २१ लाख ५४ हजार, कर्जा लगानी १५ अरब ९८ करोड ५२ लाख ४९ हजार र अन्य लगानी ९१ करोड ५ लाख ११ हजार रहेको छ / 

Profitability of commercial banks down to 19.23pc on FY 2070/71

Profitability of commercial banks took a beating last fiscal year, as capital fund bulged, while earnings grew moderately.

Average return on equity (RoE) — a measure to gauge profitability — of 30 commercial banks stood at 19.23 per cent in mid-July, as against 22.19 per cent in the same period the previous fiscal. (The RoE was calculated by comparing capital fund of mid-July, 2013 with net profit of fiscal 2013-14 that ended in mid-July, 2014.)

Janata Bank holding its AGM today to endorse 8.42 % dividend including 3% bonus shares

Janata Bank Nepal Limited is holding its Annual General Meeting today.

The fourth AGM of one of the newest commercial banks is scheduled to endorse 8.42 percent dividend, including 3 percent bonus shares, to the shareholders from the net profit it posted in the last fiscal year 2069/70.

Janata Bank appointed Bhattarai as CEO.

Janata Bank Nepal board has appointed Ramesh Kumar Bhattarai as chief executive officer, effective from Wednesday. Bhattarai, a PhD from Delhi University, was associated with the government enterprises like Employees Provident Fund and various commercial banks.

Civil Bank profit 12.12cr, Janata Bank 19.73cr, Century Comm Bank 6.76cr & NB Bank 59.07cr

Civil Bank has posted a massive growth in profit. Profits increased 345.25% to Rs 12.12 crore from Rs 2.72 crore in the previous fiscal. The bank collected a deposit of Rs 15.63 arba, a 77.50% growth over Rs 8.80 arba of last year. Loans and advances grew 59.55% to Rs 12.36 arba. The bank’s EPS stands at Rs 7.56 and net worth at Rs 107.65.

Janata Bank trading in the range of Rs. 161 to Rs. 172 on secondary market

52 Weeks High :                       Rs. 210
52 Weeks Low :                       Rs. 119          
180 Days Average Price:       Rs. 169

Last Week
Open:                                      Rs. 170
High:                                        Rs. 170
Low:                                        Rs. 163
Close :                                     Rs. 169
Volume:                                  17,364
Support (Rs.):  166, 163, 159, 156, 153
Resistance(Rs.):  175, 179, 182, 186, 189

Mega Bank net profit 17crore, Janata Bank 19.77crore, Lumbini Bank 15crore.

Tentative profit figures of some financial institutions indicate that fiscal year 2069/70 was a bonanza year for banks and financial institutions.

Sources told ShareSansar that the latest among the banks making money hand over fist are Janata Bank, Mega Bank and Grand Bank.