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SUNrise Bank (XNEP:SRBL) Net Income : NPR1,867 Mil (TTM As of Apr. 2023)


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What is SUNrise Bank Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. SUNrise Bank's Net Income for the three months ended in Apr. 2023 was NPR539 Mil. Its Net Income for the trailing twelve months (TTM) ended in Apr. 2023 was NPR1,867 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. SUNrise Bank's Earnings per Share (Diluted) for the three months ended in Apr. 2023 was NPR5.32.


SUNrise Bank Net Income Historical Data

The historical data trend for SUNrise Bank's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

SUNrise Bank Net Income Chart

SUNrise Bank Annual Data
Trend Jul13 Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,491.56 1,720.73 1,351.02 1,494.50 1,937.06

SUNrise Bank Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 542.85 697.17 176.72 454.37 538.58

SUNrise Bank Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

SUNrise Bank's Net Income for the fiscal year that ended in Jul. 2022 is calculated as

Net Income(A: Jul. 2022 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2488.863+-551.803+0+0
=1,937

SUNrise Bank's Net Income for the quarter that ended in Apr. 2023 is calculated as

Net Income(Q: Apr. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=769.403+-230.821+0+0
=539

Net Income for the trailing twelve months (TTM) ended in Apr. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was NPR1,867 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


SUNrise Bank  (XNEP:SRBL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

SUNrise Bank's Earnings per Share (Diluted) (EPS) for the quarter that ended in Apr. 2023 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


SUNrise Bank Net Income Related Terms

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SUNrise Bank (XNEP:SRBL) Business Description

Traded in Other Exchanges
N/A
Address
Sunrise Plaza, Gairidhara, Metropolitian City-2, Kathmandu, NPL
SUNrise Bank Ltd operates in the finance and banking sector. It offers personal solutions including saving and fixed deposits and loans; business solutions including loans and advances; and other services. It offers various banking products and services including branchless banking, locker, internet banking, Sunrise smart banking, Sunrise visa debit card, extension counter and automated teller machine (ATM).

SUNrise Bank (XNEP:SRBL) Headlines

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