Civil Bank Limited has posted massive raise in net profit of 126.6% in the third quarter of fiscal year 2074/75.
As per the published report, the commercial bank has posted increased in net profit to Rs.35 crore in Q3 from Rs 15.44 arba in the corresponding quarter of previous year.
The bank has collected deposit of Rs. 36.90 crore & disbursed in loan & advance of Rs.34.92 crore. Deposit collection increased by 9.15%.
Net interest income of bank has risen to Rs.89.28 crore from Rs.73.35 crore in last year. Likewise, operating profit has risen to Rs.17.46 arba from Rs. 6.51 crore in corresponding quarter of last year. Operating profit increased by 168.01%.
Its paid up capital is Rs. 6.93 arba with reserves of Rs. 1.90 arba.
Its non-performing loan is at 3.74% from 4.66% in the last year. Cost of fund is 8.81% & CD ratio is 77.78%.
Annualized earning per share (EPS) is Rs. 8.91 & Net worth per share is Rs.137.24. Its PE ratio stands at 16.95 times.
Major indicators
Cost of fund: 8.81%
CD ratio: 77.78%
Return on equity: 6.54%
Return on assets: 0.98%
