Civil Bank Q2 net profit decreases by 11.01% to Rs 15.74 crore; EPS Rs.10.83, NPL 2.14%

Civil Bank Limited (CBL) has reported decrease in net profit of 11.01 percent in the second quarter of the current fiscal year 2072/73. According to the unaudited financial report published by the commercial bank on Magh 16, 2072, its net profit has decline to Rs 15.74 crore in second quarter from Rs 17.69 crore in the corresponding quarter of the last fiscal year 2071/72. Its net interest income slightly decreased to Rs.37.37 crore in the second quarter from Rs. 43.25 crore in the corresponding quarter. It’s paid up capital remains at Rs. 2.88 arba. The bank collected deposits of Rs. 26.93 arba in Q2, up from Rs. 23.54 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs. 23.04 arba in Q2. In the same period of last year the figure stood at Rs. 21.01 arba. Its non-performing loan increased to 2.14 percent in Q2 from 1.93 percent in the previous year report. Civil Bank’s Earning Per Share (EPS) stands at Rs. 10.83, net worth per share at Rs. 119.27, and P/E ratio at 23.01 times.