Kathmandu. Citizens Bank has released its financial statements. The bank has published its financial statements for the fourth quarter of the last FY.
During the period, the bank earned a net profit of Rs 2.09 billion. It was 63.05 percent more than the same period last year.
The bank had posted a net profit of Rs 1,287 crore in the previous FY. The bank’s earnings per share also increased by Rs 4.82 to Rs 13.53 per share.
Similarly, the bank’s net interest income decreased by 1.90 percent. However, the bank’s net fee and commission income increased by 6.33 percent.
Total operating income increased by 2.13 percent and operating profit by 81.26 percent. However, the bank’s impermanence charge decreased from Rs 2.68 billion to Rs 82.93 crore in the review period.
As per the financial report, the bank has a net worth of Rs 160.51 per share and reserve fund of Rs 9.38 billion.
