Increase in net interest income and operating profit can be attributed to the boost in the net profit. The bank logged distributable profit of Rs 1.43 billion in the review period.
During the period, the bank earned Rs 1.22 billion in net interest income and operating profit of Rs 3.23 billion.
The bank with Rs 21.63 billion in paid-up capital has reserve fund of Rs 7.70 billion and retained earning of Rs 1.52 billion.
The increase in net profit has also increased its EPS. The EPS which was Rs 17.77 in the last FY increased to Rs 21.40. The bank has net worth per share of Rs 142.63 and P/E ratio of 15.84 times.
The bank collected deposit of Rs 234.41 billion and extended loan of Rs 203.7 billion. During the period, the non-performing loan of the bank increased to 1.72 percent from 1.20 percent.
The bank maintained base rate of 6.76 percent and spread rate of 4.69 percent.
