In the review period, the bank earned net profit of Rs 1.85 billion that is 22.92 percent growth compared to Rs 1.51 billion of the corresponding period of the last FY.
Increase in net interest income and operating profit helped to boost its net profit.
During the period, its net interest income increased by 0.34 percent and net fee and commission income by 2.62 percent. Similarly, its total operating income increased by 5.36 percent and operating profit by 10.44 percent. The bank maintained distributable profit of Rs 4.84 billion in the review period.
Along with net profit, its EPS increased by Rs 2.77 to Rs 19.51. The bank has net worth per share of Rs 179.50 and P/E ratio of 12.10 times.
The bank with Rs 38.11 billion in paid-up capital has reserve fund of Rs 30.30 billion. The bank collected deposits of Rs 582 billion and extended loans of Rs 421 billion.
