The bank earned a net profit of Rs 2.11 billion in the review period which was 12.24 percent growth compared to Rs 1.88 million of the previous FY.
The bank's net profit has increased due to the increase in net interest income and decrease in non-operating expenses.
In the review period, the bank's net interest income increased by 5.53 percent and the net fee and commission income increased by 23.38 percent. In the review period, the bank's total operating income increased by 11.74 percent and operating profit increased by 0.54 percent. During the period, the bank earned distributable profit of Rs 98.19 and distributable earnings per share of Rs 7.51.
Along with the profit, the bank's earnings per share also increased. In the review period, the EPS of the bank increased by Rs 1.90 to Rs 17.49. Similarly, the bank has a net worth per share of Rs 169.90 and P/E ratio of 14.18 times.
The bank has a paid-up capital of Rs 15.08 billion including preferecne shares worth Rs 3.44 billion. The bank collected deposit of Rs 220 billion and extended loan of Rs 163 billion by the end of last FY.
