Siddhartha Bank posted Net income of 77.28 crore in this fiscal year 2074/75; EPS decline by 18.39%

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Siddhartha Bank limited has published second quarter report, posted Net income 77.28 crore in this fiscal year 2074/75.

As per the reported published, Net income increased by 6.44% during the period. Net income increased to 77.28 crore from 72.60 in the previous fiscal year 2073/74 corresponding quarter.

The bank had collected 85.55 arba & expanded in loan 75.69 arba to generate the income. Major income of bank net interest income is increased by 6.90%, 1.39 arba from 1.30 arba.

Operating expanses of bank increased, so bank is unable to make a good profit as per the expectation of investor. Staff expenses of the bank increased by 59.27%.

Paid up capital of the bank is 7.05 arba. After the 10% right share & 14 % bonus share adjustment Paid up capital reached to 8.47 arba. Its reserve & surplus is 4.10 arba.

Non – performing loan remain 1.5%. Earning per share (EPS) is 22.64. Net worth per share is 163.51. Price to earning ratio stands at 16.56.

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