The bank earned a net profit of Rs 3.21 billion in the review period which is 12.78 percent growth compared to Rs 2.85 Billion 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 27.73 percent and net fee and commission income by 7.28 percent. Similarly, its total operating income has increased by 9.05 percent and operating profit by 13.16 percent.
The bank has distributable profit of Rs 2.10 billion.
The bank’s paid-up capital increased by 14.25 and reserve fund by 0.51 percent during the period. In the review period, the bank increased deposit collection by 5.87 percent and loans by 12.72 percent.
The bank has logged EPS of Rs 25.71, P/E ratio of 11.79 times and net worth per share of Rs 174.98.
