Increase in net interest income and operating profit during the period is attributed to the rise in net profit. In the review period, the bank increased its net interest income by Rs 5.8 million to Rs 134.4 million and operating profit by Rs 23.7 million to Rs 119.2 million.
Increase in net profit has reflected in increase of its EPS. During the period, the EPS of the bank increased by Rs 1.79 to Rs 28.55. Similarly, it has net worth per share of Rs 158.23 and P/E ratio of 10.12 times.
The bank with Rs 585 million in paid-up capital has reserve fund of Rs 169.3 million and shareholders fund of Rs 171.2 million. During the period, the bank collected deposit of Rs 4.94 billion and extended loan of Rs 4.24 billion.
The bank with Rs 38.6 million in distributable profit has non-performing loan of 0.30 percent, cost of fund of 9.19 percent, base interest rate of 11.74 percent and spread rate of 6.08 percent.
