The bank earned a net profit of Rs 4.11 billion in the review period which was 28.49 percent growth compared to Rs 3.20 billion in the review period of previous FY.
The net profit of the bank has increased due to increase in net interest income and operating profit.
In the review period, the bank's net interest income increased by 3.30 percent while the net fee and commission income increased by 15.05 percent. The total operating income of the bank increased by 5.82 percent and operating profit increased by 26.94 percent in the review period. In the review period, the bank's impairment charge decreased from Rs 2.72 billion to Rs 1.73 billion.
Along with the profit, the bank's earnings per share also increased. During the review period, the bank's EPS increased by Rs 3.13 to Rs 19.63. The bank has a net worth per share of Rs 175.80 and P/E ratio of 12.22 times.
Similarly, the bank has a distributable profit of Rs 1.90 billion and a distributable earnings of Rs 9.10 per share.
The bank's reserve fund has increased by 1.76 percent in the last FY with a paid-up capital of Rs 20.95 billion. Similarly, the bank's deposit increased by 5.46 percent and loans and loans by 8.29 percent during the period.
