In the third quarter only, the bank earned a net profit of Rs 589.1 million compared to Rs 481.2 million of the third quarter of the last FY.
As per the financial report published under NFRS format, the bank earned a distributable profit of Rs 1.10 billion in the review period.
The bank with Rs 8.01 billion in paid-up capital has a reserve fund of Rs 4.51 billion.
In the review period, the bank collected a deposit of Rs 70.81 billion and extended loan of Rs 53.46 billion. During the period, the bank earned net interest income of Rs 2.55 billion and operating income of Rs 3.64 billion.
The bank has an EPS of Rs 28.87, P/E ratio of 20.47 times and net worth per share of Rs 177.01.
In the review period, the bank decreased its bad debt from 0.21 to 0.20 percent.
