Kathmandu. Everest Bank has released its financial statements. The bank has released its financial statements for the first quarter of the current financial year 2083-84.
During this period, the bank earned a net profit of Rs 1.25 billion. In the previous year, the bank had earned a net profit of Rs 1.17 billion in the year 2082-83.
Currently, the bank’s profit has increased by 6.23 percent. The bank has posted an operating profit of Rs 1.78 billion in the first quarter. The bank’s net interest income stood at Rs 2.37 billion as of September this year. This is a decline of 1.35 percent compared to the previous year.
The bank’s distributable profit stood at Rs 3.87 billion, paid-up capital of Rs 14.40 billion and Rs 3.87 billion in retained earnings and Rs 16.49 billion in reserve.
Similarly, the bank collected deposits of Rs 336.62 billion and extended loans of Rs 244.61 billion. The bank’s earnings per share (EPS) was Rs 34.78, PE ratio was 20.67 times and net worth per share was Rs 243.01.
