Machhapuchchhre Bank earning accelerates by 44.68% to Rs 89.18 crore in Q4; NPL mere 0.55%

Tue, Aug 9, 2016 10:39 AM on Latest, Financial Analysis, Featured,
Machhapuchchhre Bank Limited (MBL) has registered profit rise of 44.68 percent in the fourth quarter of the last fiscal year 2072/73. According to the unaudited financial report published by the commercial bank today, its net profit has surged to Rs 89.18 crore in fourth quarter up from Rs. 61.63 crore in the corresponding quarter of the last fiscal year 2071/72. Manch Nety profit Machapuchchhre Bank’s net interest income has risen to Rs 1.85 arba in Q4 as compared to Rs 1.35arba in the corresponding quarter. It’s paid up capital remains at Rs 3.86 arba with reserve of 1.51 arba in Q4. Mbl Share capital The bank also amassed huge amount of deposits in the Q4 of the ongoing fiscal year. Deposits collection reached Rs 52.29 arba in Q4 from Rs 44.20 arba in the corresponding period last year. Likewise, it has extended loans and advances of Rs 44.23 arba in Q4 whereas in the same period last year the figure stood at Rs 34.81 arba. Its non-performing loan has drop to 0.55 percent in Q4 up from 0.64 percent in the previous year report. Its Earning per share (EPS) stand at Rs 23.08, net worth per share at 139.11 , and the P/E ratio at 29.47 times. Mbl Eps