Citizen bank International Limited has posted surge in net profit of 14.39 percent in the third quarter of fiscal year 2074/75.
As per the published report, the commercial bank has posted net profit of Rs. 1 arba in the Q3 where as it had posted Rs.88.28 crore in the corresponding quarter of previous fiscal year.
During this period, the bank has collected deposit of Rs. 60.25 arba & floated in loan & advance of Rs.55.56 arba. In the corresponding quarter of previous FY, deposit collection was Rs. 55.82 arba & floated loan of Rs.47.82 arba.
The borrowing of bank is increased by 372.60% to 3.82 arba from 80.88 crore in the previous Q3.
Net interest income of bank has risen to Rs.1.46 arba from Rs.1.25 arba in last year. Likewise, operating profit rose to Rs.1.17 arba from Rs. 88.71 crore in corresponding quarter of last year.
Its paid up capital is Rs. 8.03 arba with reserves of Rs. 2.37 arba.
Its non-performing loan is at 1.46 percent.
Annualized earning per share is Rs. 16.76, Net worth per share is Rs. 129.56 & Price to earning ratio stands at 15.51 times.
Major indicators
Cost of fund: 8.35%
CD ratio: 78.41%
Return on equity: 13.41%
Return on asset: 1.84%
