As per the report, it logged dividend capacity of above 15 percent. The bank that didn’t distribute any dividend in the previous FY logged dividend capacity per share Rs 15.29 i.e. 15.29 percent.
During the period, its distributable profit increased by 162.66 percent to Rs 1.56 billion.
Meanwhile, its net profit increased by merely 9.75 percent. The bank that logged net profit of Rs 1.68 billion in the previous FY recorded net profit of Rs 1.85 billion last FY.
During the period, its net interest income increased by 10.43 percent, total operating income by 8.32 percent and operating profit by 9.91 percent. however, its net fee and commission income declined by 3.17 percent. in the review period, its bad debt increased by 1.04 percent to 2.12 percent which raised its impairment charges to Rs 820 million.
Along with net profit, its EPS increased by Rs 1.60 to Rs 18.05. Similarly, it has P/E ratio of 12.84 times and net worth per share of Rs 159.10.
The bank with Rs 10.25 billion in paid-up capital has reserve fund of Rs 6.06 billion. The bank raised its deposit by 6.31 percent and loan extension by 1.64 percent.
