Similarly, the bank has earned a distributable profit of Rs 284.1 million during the period. The bank can distribute a dividend of 17 percent to its shareholders from the distributable profit.
In the review period, the bank collected a deposit of Rs 24.80 billion and extended loan of Rs 21.16 billion. Through the mobilization of the fund, the bank earned net interest income of Rs 1.13 billion.
The bank with Rs 2.20 billion in paid-up capital has a reserve fund of Rs 1.71 billion. The bank also increased its EPS by Rs 10.29 to Rs 25.22 during the period.
The bank maintained a non-performing loan of 1.57 percent, net worth per share of Rs 177.40 and P/E ratio of 7.81 times.
Moreover, the bank is conducting its AGM of FY 2074/75 today. The AGM is endorsing a proposal of distributing 17.04 percent bonus share to its shareholders.
The bank closed its book on August 7 for the AGM, thus, the shareholders registered in its book till August 6 will be eligible to attain the AGM and obtain the announced dividend.
