Citizen Bank has posted increased in net profit by 30.15 percent in the fourth quarter of this fiscal year 2074/75.
As per the published report, the commercial bank has reported increased in net profit to Rs.1.40 arba in this Q4 from Rs.1.08 arba in the corresponding quarter of last fiscal year 2073/74.
During the period the bank has collected deposit of Rs.61.48 arba & floated in loan & advances of Rs.57.59 arba. It has borrowing of Rs.Rs.3.24 arba.
Its net interest income increased to Rs.2.08 arba from Rs.1.75 arba in the last corresponding quarter. Operating profit increased by 30.21% to Rs.1.69 arba from 1.04 arba in the last year.
Its paid up capital is Rs.8.03 arba with reserves of Rs.2.76 arba. Reserve surged by 103.61% in the Q4.
Its non performing loan stands at 1.25 percent from 2.02 percent from the last year. Return on Equity (ROE) is 13.95% & Return on Asset (ROA) is 1.95% in this fiscal year.
Annualized earning per share is Rs.15.53 & net worth per share is Rs.134.46. PE ratio stands at 13.46 times.