Himalayan Bank Limited reports surge in net profit of 4.99% 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.1.61 arba in Q3 from Rs 1.53 arba in the corresponding quarter of previous year.
During this period, the bank has collected deposit of Rs. 96.32 arba & floated in loan & advance of Rs.85.45 arba. Likewise, it had collected deposit of Rs.92.89 arba & floated in loan of Rs.78.08 in the last corresponding quarter of FY 2073/74.
Net interest income of bank has risen to Rs.2.91 arba from Rs.2.76 arba in last year. Likewise, operating profit has fall to Rs.2.12 arba from Rs. 2.39 arba in corresponding quarter of last year. Due to increase in interest expenses & operating expenses, net profit & operating in the Q3 has decreased.
Its paid up capital is Rs. 8.11 arba with reserves of Rs. 5.20 arba.
Its non-performing loan is at 1.19% from 0.9% in the last year.
Annualized earning per share is Rs. 26.48 & Net worth per share is Rs. 164.11. Its Price to earning ratio stands at 23.03 times.
Also read: Global ime bank earned Rs. 1.44 arba in Q3
