According to the financial report published under NFRS format, the bank earned a distributable profit of Rs 949.9 million after making Rs 32.1 million in regulatory adjustment as per NRB requirement.
The bank with a paid-up capital of Rs 8.12 billion has EPS of Rs 24.62 and P/E ratio of 12.35 times. Meanwhile, its reserve fund increased to Rs 2.64 billion from Rs 2.03 billion.
During the period, the bank collected deposit of Rs 85.68 billion and extended loan of Rs 77.22 billion.
However, the staff expenses and other operating expenses of the bank also grew to Rs 581 million and Rs 299.4 million respectively.
In the review period, the bad debt of the bank raised to 0.24 percent. The bank earned Rs 1.90 billion from net interest income in the review period. The bank has cost of fund of 7.57 percent, base interest rate of 9.75 and CCD ratio of 78.25 percent.
