However, the bank increased its net profit by 26 percent during the period. The bank increased its net profit by 26.33 percent to Rs 592.2 million in the fourth quarter of the last FY compared to Rs 468.8 million of the corresponding period of the previous FY.
Similarly, the bank earned a distributable profit of Rs 453.1million during the period. The bank can distribute a dividend of 16 percent to its shareholders from the distributable profit.
The bank with Rs 2.78 billion in paid-up capital has a reserve fund of Rs 498.8 billion. The bank increased its EPS by Rs 2.74 to Rs 21.24 during the period.
In the review period, the bank collected a deposit of Rs 26.78 billion and extended loan of Rs 28.20 billion. Through the mobilization of the fund, the bank earned net interest income of Rs 1.40 billion.
The bank maintained a non-performing loan of 0.27 percent, net worth per share of Rs 135.46 and P/E ratio of 10.55 times.
