Civil Bank’ Q1 earns Rs 5.87 crore ; NPL increases to 2.54%

Civil Bank Limited (CBL) has reported a net profit of Rs 5.87 crorein the first quarter of the fiscal year 2072/73. The bank was in loss of Rs 96 lakh in the corresponding quarter of the previous fiscal year. According to the unaudited financial report published by the commercial bank today, its net interest income slightly decreased to Rs.14.59crore in the first quarter from Rs. 15.96 crore in the corresponding quarter. It’s paid up capital remains at Rs.2.88arba. The bank collected deposits of Rs. 27.37 arba in Q1, up from Rs. 23.98 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 23.49 arba in Q1. In the same period of last year the figure stood at Rs.20.50 arba. Its non-performing loan increased to 2.54 percent in Q1 from 2.22 percent in the previous year report. Civil Bank’s annualized earning per share (EPS) stands at Rs.8.01, net worth per share at Rs.116.35, and P/E ratio at 34.22 times.