Bank of Kathmandu & Civil Bank earns Rs 48.35 cr & Rs 19.90 cr respectively in Q3

Bank of Kathmandu (BOK) has posted a net profit of Rs 48.35 crore for the third quarter of the fiscal year 2072/73. The net profit increased by 0.64 % in the current fiscal year. The net profit stood at Rs 48.04 crore in the corresponding quarter of the previous fiscal year. As per the unaudited financial report for the third quarter published today, Bank of Kathmandu’s net interest income increased to Rs 1.07 arba from Rs 1.04 arba in this quarter. BOK’s paid up capital remains at Rs 2.67 arba with reserve and surplus of Rs 1.67 arba . The commercial bank has mobilized deposits of Rs 40.71 arba in Q3 increasing from Rs 37.86 arba in the corresponding quarter last year. It has extended loans of Rs 34.85 arba, increasing from Rs 32.90 arba . The commercial bank’s Non -performing Loan tripled to 3.76% from 1.08% in Q3. BOK’s annualized EPS  now stands at Rs 24.13 , net worth per share at Rs 162.77, and P/E ratio (annualized) at 24.24 times.   Civil Bank Limited (CBL) has posted meager net profit growth by 4.47 percent for the third quarter of the current fiscal year 2072/73. According to the unaudited financial report published by the commercial bank , its net profit increased to Rs 19.90 crore in third quarter from Rs 19.05 crore in the corresponding quarter of the last fiscal year 2071/72. Its net interest income slightly decreased to Rs.61.05 crore in the third quarter from Rs 64.86 crore in the corresponding quarter. It’s paid up capital remains at Rs. 3.08 arba with reserve of Rs 39.83 crore. The bank has collected deposits of Rs. 28.22 arba in Q3, up from Rs. 25.95 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 24.08 arba in Q3. In the same period of last year the figure stood at Rs. 22.28 arba. Its non-performing loan decreased to 2.17 percent in Q3 from 2.33 percent in the previous year report. Civil Bank’s Earning Per Share (EPS) stands at Rs. 8.61, net worth per share at Rs. 113.12, and P/E ratio at 29.62  times.