Machhapuchchhre Bank Net Profit declines by 18.91% ; Earns Rs 81.50 crores

As per the 3rd quarter report, Machhapuchchhre Bank has earned a net profit of Rs 81.50 crores with an EPS of Rs 13.75. The net profit earned this year is 18.91% less then previous year. 

The significant increment in staff expense and other operating expense was seen as the main reason behind the fall in net profit and operating profit. The operating profit declined by 8.98% to Rs 1.21 arba. The significant rise in Interest expense has limited the growth Net Interest Income to merely 1.74%. The Net Interest Income as of 3rd quarter is Rs 1.78 arba.

The company has a paid-up capital of Rs 8.05 arba meeting the NRB's directive for paid-up capital. Similarly, the company has collected a reserve of Rs 1.79 arba. The company has a net worth per share of Rs 122.26.

In term of deposit collection, a decent growth of 17.89% is seen as the collection rose to 68.43 arba. Similarly, lending has surged by 17.25% as loan extension of Rs 62.21 arba was made throughout the review period.

 

Key Indicartors:

Earning Per Share (EPS)           : Rs 13.75

Price Earning Ratio (P/E Ratio) : 16.44 times 

Book Value                                 : Rs 122.26

P/b Ratio                                     : 1.84 times

Return on Equity (ROE)              : 11.03%

Return on Assets (ROA)             : 1.34%