Machhapuchhre Bank reports good growth in netprofit in Q3; EPS stands at 19.40

April 21, 2019 | Investopaper

Machhapuchhre Bank net profit has grown by almost 45.29% from the corresponding quarter of the previous year. In the 3rd quarter report of F. Y. 2075/76, the bank made a net profit of Rs. 1.24 arba in the 3rd quarter of 2075.  Last year, the company’s profit stood at Rs.85.40 crores in the 2nd quarter.

The company has paid up capital of Rs. 8.06 Arab, and reserve & surplus of Rs. 2.27 Arab. The bank has deposits of Rs. 81.16 Arab. The loans & advances stand at Rs. 74.98 Arab till the 3rd quarter. The net interest income has risen to Rs.2.60 Arab from Rs. 1.85 Arab. The free profit after regulatory adjustment stands at Rs. 98.18 crores.

The non-performing loans stand at 0.48%. Also, the Earnings Per Share (EPS) is 19.40 as of 3rd quarter 2075/76.





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