Kathmandu. Everest Bank in the last fiscal year 2082. The company has made public the unaudited financial statements of 83 years.
According to the financial report, the bank has earned a profit of Rs 5.06 billion in the last FY. Previous fiscal year 2081. The bank had posted a net profit of Rs 4.83 billion in the review period. The profit of the bank increased by 4.75 percent compared to the previous year.
In the review year, the bank earned a distributable profit of Rs 5.25 billion. The dividend ratio of the bank stands at 38.32 percent.
In the last fiscal year, the bank’s operating profit stood at Rs 7.38 billion. Operating profit was Rs. 7.34 billion in the previous year. The operating profit of the bank increased by 0.50 percent.
In the review period, the bank earned Rs 9.19 billion. The bank had posted a net profit of Rs 9.10 billion in the same period last year. Interest income increased by 0.97 percent.
The bank has a paid-up capital of Rs 13.72 billion with a share premium of Rs 23.84 crore, rated earnings of Rs 5.50 billion and reserve capital of Rs 15.72 billion. In the previous year, the company had a share premium of Rs 23.84 crore, retained earnings of Rs 4.89 billion and reserve of Rs 13.86 billion.
In the last fiscal year, the bank collected deposit of Rs 316.01 billion and extended loan of Rs 235.56 billion. In the previous fiscal year, the bank collected deposit of Rs 298.81 billion and extended loans of Rs 213.43 billion.
In the review year, the non-performing assets ratio (NPL) of the bank increased to 0.49 percent. The bank’s NPL stood at 0.38 per cent in the same period last year.
The bank’s annual earnings per share (EPS) has decreased to Rs 36.95. The EPS was Rs 37.39 a year ago. The bank has a net worth of Rs 256.47 per share with a P/E ratio of 18.81 times.
