Civil Bank Limited (CBL) has published second quarter report of FY 2074/75 stated raise in net profit of 29.63%.
As per the published report, Civil Bank has posted net profit of 21.9 crore in this quarter. It is raise by 29.63%. In the corresponding quarter of last year CBL had posted net profit of 16.73 crore.
During the period, CBL has collected deposit of 37 arba & expanded in loans of 33.55 arba.
Net interest income of bank increased by 5.29% to 57.84 crore from 54.93 crore.
CBL has reported massive raise in operating profit of 17087.92% to 3.55 crore. The bank has earned operating profit of 2.07 lakh in the second quarter of last year.
Its paid up capital stands at 5.18 arba with reserve of 1.73 arba. It has issued 40% right share to hike its capital. After right share adjustment, capital reached to 7.25 arba. Even after this right bank needs to hike its capital by 75 crore to meets directives of NRB.
Non-performing loan stands at high 4.52%. CD ratio remains at 76.12% & cost of fund is 8.14%.
Annualized earning per share is 8.37 & net worth per share is 133.56.
PE ratio stands at 21.57 times.
Also read: ADBL, NBL, RBB earn more than 1 arba in this quarter.
