In the first quarter, the banks earned a total of Rs 1.15 billion in net profit. Among them, two incurred losses while five of them have distributable losses.
Highest Profit Earner
Muktinath Bikas Bank has earned the highest net profit in the first quarter. It earned Rs 294.1 million in net profit during the period which is higher than some of the commercial banks as well.
Meanwhile, Sidhu BIkas Bank and Green Development Bank incurred losses of Rs 24.1 million and 9.4 million respectively during the period.
Net Interest Income and Operating Income
Muktinath Bikas Bank logged the highest net interest income and operating income during the period. it earned Rs 930 million in operating income and 590 million in net interest income in the review period.
In the mean time, Sahara Bikas Bank logged the lowest income in both categories.
Deposits Collection and Loans Extension
Muktinath Bikas Bank collected the highest deposits and extended highest loans in the review period while Corporate Development Bank collected the least deposits and extended lowest loans.
Paid-up Capital and Reserve Fund
Out of 15 development banks, Muktinath BIkas Bank has the highest paid-up capital of Rs 4.32 billion. However, Mahalaxmi Bikas Bank has the highest reserve of Rs 1.91 billion.
EPS and Net Worth Per Share
Among the development Banks, Kamana Sewa Bikas Bank has the highest EPS of Rs 31.48 while Sindhu Bikas and Green Development Bank has Loss per share (LPS) of Rs 17.32 and Rs 7.52 respectively.
Bad Debt
Corporate Development Bank has the highest non-performing loan of 4.97 while Muktinath Bikas Bank has the lowest non-performing loan of 0.12 percent.
Return on Equity (ROI)
Out of 15 development bank, Kamana Sewa has the most impressive ROI of 25.70. Sindhu BIkas has negative ROI of 16 percent.