A decrease in net interest income and operating profit can be attributed to the decline in the net profit. The bank logged a distributable profit of Rs 675.6 million in the review period.
During the period, the bank earned a net interest income of Rs 1.89 billion and an operating profit of Rs 1.37 billion.
The bank with Rs 8.93 billion in paid-up capital has a reserve fund of Rs 8.47 billion and retained earning of Rs 1.86 billion.
The decrease in net profit has also decreased its EPS. The EPS which was Rs 35.48 in the last FY decreased to Rs 21.53. The bank has net worth per share of Rs 218.93 and P/E ratio of 37.12 times.
The bank collected deposits of Rs 150.18 billion and extended loans of Rs 113.49 billion. During the period, the non-performing loan of the bank increased to 0.19 percent from 0.16 percent.
The bank maintained a base rate of 6.34 percent and a spread rate of 3.70 percent.