The bank earned a net profit of Rs 5.20 billion in the review period which increased by 25 percent compared to Rs 4.16 billion of the corresponding period of the previous FY.
Increase in operating profit and net interest income can be attributed to the increase in net profit.
In the review period, the bank increased its net interest income by 17.52 percent, net fee and commission by 9.27 percent, total operating income by 15.04 percent and operating profit by 26.90 percent. The bank earned Rs 3.19 billion in operating profit during the period.
In the review period, the bank increased paid-up capital by 10 percent and reserve fund by 20.42 percent. The bank raised deposit by 3.37 percent and loan extension by 13.07 percent.
The bank logged EPS of Rs 21.88, net worth per share of Rs 156.11 and P/E ratio of 11.49 times.
