Although the bank increased its net interest income, the net profit decreased due to increase in expenses. During the period, the employee expenses of the bank increased by 32.42 percent and other operating expenses by 17.27 percent.
Decrease in net profit has also pulled down its EPS. The EPS which was Rs 23.07 in the previous FY has declined to 21.38 in the last FY. The bank has net worth per share of Rs 163.22 and P/E ratio of 13.84 times.
The bank with paid-up capital of Rs 9.78 billion has reserve fund of Rs 5.24 billion and shareholders fund of Rs 944.6 million. The bank has distributable profit of Rs 866.4 million.
During the period, the bank collected deposit of Rs 139.60 billion and extended loan of Rs 123.44 billion. The bank has net interest income of Rs 5.58 billion. In the period, the bank has operating profit of Rs 3.06 billion.
