Prime Commercial Bank Limited has posted net profit of Rs.1.25 arba in the third quarter of fiscal year 2074/75.It is raised by 42.54 percent.
As per the published report, the commercial bank has posted increased in net profit to Rs.1.25 arba in Q3 from Rs 88.29 arba in the corresponding quarter of previous year.
During this period, the bank has collected deposit of Rs. 74.20 arba & disbursed in loan & advance of Rs.66.53 arba. Likewise, it had collected deposit of Rs.56.10 arba & floated in loan of Rs.48.61 in the last corresponding quarter of FY 2073/74.
Net interest income of bank has risen to Rs.1.69 arba from Rs.1.31 arba in last year. Likewise, operating profit has risen to Rs.1.74 arba from Rs. 1.25 arba in corresponding quarter of last year. Operating profit increased by 39.42%.
Its paid up capital is Rs. 8.03 arba with reserves of Rs. 2.66 arba.
Its non-performing loan is at 1.06% from 1.37% in the last year. Its cost of fund is 8.53% & CD ratios stands at 77.64%.
Annualized earning per share (EPS) is Rs. 20.89 & Net worth per share is Rs. 133.12. Its PE ratio stands at 14.12 times.
See report of Century commercial bank, profit raise by 102%
