Lumbini Bikas Bank has published its first quarter report of FY 2075/76. It has reported increased in net profit by 402.33%.
As per the published report, the development has reported surged in net profit to Rs.8.11 crore in this Q1 from Rs.1.61 crore in the corresponding quarter of last fiscal year 2074/75.
It has deposit collection of Rs. 21.84 arba and borrowing of Rs.47.71 crore. It had extended in loan & advances of Rs. 20.08 arba. Deposit collection grown by 18.33% & loan expansion increased by 26.30%.
Its net interest income increased to Rs 20.43 crore from Rs.10.78 crore in the last corresponding quarter. It has operating profit of Rs.11.50 crore from operating loss of Rs.86.29 lakh in the last year.
Its paid up capital is Rs.2.17 arba with reserves fund of Rs.1.22 arba.
Its non performing loan (NPL) stands at 2.86% from 3.16% in comparing period. Cost of fund 8.61% and CCD ratio stands at 78.50%.
Annualized earning per share is Rs.14.93, net worth per share is Rs.156.46 and PE ratio stands at 10.92 times.
