Bank of Kathmandu earned 160 million net profits in first quarter

Kathmandu November 10- With the paid up capital of Rs. 2 billion 671.4 million paid up capital, net profit of Bank of Kathmandu (BOK) has increased by 1.74% to Rs. 168.7 million which was Rs. 165.8 million in the corresponding quarter of last FY.

Deposit collection of BOK has increased by 16.86% to Rs. 40 billion 169.6 million from Rs. 34 billion 375 million last year. Loan and advance of BOK has increased by 18.26% to Rs. 34 billion 187.6 million which was Rs. 28 billion 909.5 million last year. Similarly, net interest income of BOK has decreased by 0.31% to Rs. 347.3 million which was Rs. 344.8 million last year. Operating profit of BOK has also decreased by 1.15% to Rs. 250.8 million from 253.7 million last year.

According to the first quarter financial statement, EPS of the bank (annual) is Rs. 25.27, P/E ratio is 23.55 times, net worth per share is Rs. 150.59 and liquidity ratio is 26.17 times.  

Bad debt of the bank has increased by 2.41% to 3.57% and risky assets has increased by 1.12% to 12.95%.