The bank earned a net profit of Rs 2.25 billion in the review period which is 24.76 percent growth compared to Rs 1.80 billion of the corresponding period of the previous FY.
Increase in net interest and operating profit helped to boost its net profit during the period.
During the period, its net interest income grew by 40.29 percent, net fee and commission income by 15.57 percent, total operating income by 28.50 percent and operating profit by 24.94 percent. In the review period, the bank logged a distributable profit of Rs 1.42 billion during the period.
The bank maintained EPS of Rs 15.85, P/E ratio of 12.77 times and net worth per share of Rs 145.39.
The bank increased its capital by 12.91 percent and reserve fund by 2.13 percent. Similarly, its deposit increased by 8.65 percent and loans by 10.68 percent.
