The bank earned a net profit of Rs 1.63 billion in the review period which is 70.04 percent growth compared to Rs 963.4 million of the corresponding period of the last FY.
Increase in net interest income and operating profit can be attributed to the increase in net profit.
During the period, the net interest income increased by 53.72 percent and net fee and commission income by 21.05 percent. Similarly, its total operating income has increased by 39.83 percent and operating profit by 75.01 percent.
The bank has distributable profit of Rs 1.44 billion.
The bank’s paid-up capital increased by 3.50 and reserve fund by 23.35 percent during the period. In the review period, the bank increased deposit collection by 12.68 percent and loans by 8.58 percent.
The bank has logged EPS of Rs 16.67, P/E ratio of 16.93 times and net worth per share of Rs 174.35.
