Everest Bank Q3 profit up by 10.44 %; amounts Rs 1.19 arba

ShareSansar, April 21

Everest Bank Limited (EBL) has reported a growth in its net profit of 10.44% in the third quarter of the current fiscal year 2071/72.

According to unaudited financial statement published on Baisak 8, the bank earned  net profit of  Rs 1.19 arba in the third quarter, up from Rs 1.08 arba in the corresponding quarter of the previous fiscal year 2070/71.

As its net interest income increased by 3.28% -- from Rs 2.02 arba to Rs 2.08  arba.

The bank has collected Rs 71.05 arba in deposits and its loan and advances stood at Rs 56.49 arba in the third quarter up from 62.76 arba in deposit and Rs 50.64 arba in loan in the corresponding quarter of previous fiscal year.

Its Non Performing Loan (NPL) stood at 0.63 percent and CD ratio stands at 79.17 percent.

Everest Bank’s net worth per share stands at Rs 323.74 and its EPS at Rs 78.91.