During the period, the bank increased its distributable profit by 132 percent to Rs 643.9 million compared to Rs 277.4 million of the last FY. As per the financial report published under NFRS format, the bank made Rs 97.2 million regulatory adjustment as per NRB directive.
In the review period, the EPS of the bank declined to Rs 21.12 from earlier Rs 22.65. Similarly, the net worth per share of the bank declined to Rs 159.55 from earlier Rs 180.55.
Presently, the bank has a paid-up capital of Rs 7.85 billion. The bank still lacks Rs 990 million to meet the minimum paid-up capital of Rs 8 billion.
During the period, the bank maintained a reserve fund of Rs 4.17 billion. The bank collected deposit of Rs 64.71 billion and extended loan of Rs 58.44 billion in the review period. The bank has CD ratio of 78.21 percent.
In the second quarter of the current FY, the bank earned a net interest income of Rs 1.46 billion. The bank has bad debt ratio of 3.53 percent, base interest rate of 10.87 percent and cost of fund of 7.95 percent.
The bank has net worth per share of Rs 159.55 and P/E ratio of 10.32 times.
