Muktinath Bikas Bank Limited (MNBBL) has reported growth in Net profit by 20.40 percent in the third quarter of fiscal year 2074/75.
As per the published report, the development bank posted increase in net profit to Rs. 42.75 crore from Rs. 33.51 crore in the corresponding quarter of fiscal year 2073/74.
The development bank has collected deposit of Rs. 24.54 arba & floated in loan & advances of Rs.21.99 arba. Whereas it has collected deposit of Rs.15.14 arba & floated in loan of Rs.14.17 arba in the last fiscal year.
Its net interest income rose to Rs. 88.28 crore from Rs.73.10 crore in the corresponding quarter of FY 2073/75. Operating profit in increased by 22.52%.
Its paid up capital is Rs.2.59 arba with reserve of Rs.80.46 crore.
Its Non-performing loan stands at 0.01 percent.
Annualized earning per share stands at Rs.22 & net worth per is Rs. 131.5.
PE ratio stands at 18 times.
Key indicators
CD ratio : 79.21%
Cost of fund: 8.75%
Return on equity: 16.79%
Return on assets: 1.97%
