After allocating Rs 1.46 billion in debenture redemption reserve, the bank has 13.22 percent distributable dividend.
In the corresponding period of the previous FY, the bank had distributable profit of Rs 5.8 million. In the review period, the bank raised its net profit by 10.24 percent to Rs 3.39 billion which was Rs 3.08 billion in the previous FY. Meanwhile, its non-performing loans also declined to 2.62 percent.
In the review period, its net interest income increased by 6.43 percent to Rs 8.44 billion. Similarly, its service charges and other income increased by 15.09 percent to Rs 1.64 billion. Likewise, its operating income increased by 11.82 percent to Rs 11.16 billion.
In the last FY, the bank raised its loan loss provision by Rs 1.31 billion. During the period, the bank increased deposit collection by 16.16 percent to Rs 280 billion and loan extension by 9.76 percent to Rs 214 billion. The deposit collection increased by Rs 38.99 billion and loan extension by Rs 19.07 billion.
The bank has paid-up capital of Rs 14.09 billion and reserve fund of Rs 16.90 billion.
The bank maintained EPS of Rs 24.10 and distributable earning per share of Rs 13.22. The bank has net worth per share of Rs 219.97 and P/E ratio of 15.93.
In the last FY, the bank maintained capital adequacy ratio of 11.77, CD ratio of 76.92, base rate of 1.69 percent and spread rate of 3.98 percent.
