Sanima Bank Q3 earning surges by 58.41%; Reserve & Surplus increases to Rs 1.04 arba

Sanima Bank Limited (SANIMA) has posted a net profit rise of 58.41 percent in the third quarter of the fiscal year 2072/73. Publishing the unaudited quarterly report for the third quarter today, the commercial bank has registered a net profit of Rs. 67.04 crore in the Q3 of fiscal year 2072/73, up from Rs.42.32 crore in the corresponding quarter of fiscal year 2071/72. Sanima Bank has a paid up capital of Rs.3.06 arba with reserve of Rs.1.04 arba in Q3 of the current fiscal year 2072/73.     The commercial bank’s net interest income surged to Rs 1.20 arba in this quarter compared to Rs 82.17 crore of the corresponding quarter of the previous fiscal year. Sanima Bank has collected Rs.43.44 arba in deposits and mobilized Rs.36.46 arba in loans in the third quarter of 2072/73 .The deposit and loan was Rs 32.25 arba and Rs.27.55 arba respectively in the corresponding quarter of fiscal year 2071/72. The bank’s non-performing loan remains at 0.12 percent and CD ratio stands at 77.66 percent. SANIMA’s annualized EPS remains at Rs 29.51 in Q3. Likewise, its net worth per share stands at Rs.134.01and P/E ratio is 27.32 times.