Sanima Bank Reports 42.22% Surge in Q3 Net Profit; Net Interest Income Rise By 20.48%
Summary
Sanima Bank Limited reported a 42.22% increase in net profit at Rs. 2.35 arba for Q3 FY 2082/83, supported by a 20.48% rise in net interest income and growth in deposits and loans.
Key Points
- Sanima Bank recorded a net profit of Rs. 2.35 arba in Q3 FY 2082/83, a 42.22% increase from the previous year.
- Net interest income rose by 20.48% to Rs. 5.16 arba reflecting growth in core banking operations.
- Operating profit increased by 47.50% to Rs. 3.32 arba, while personnel expenses grew by 11.43%.
- The capital adequacy ratio improved to 13.16%, and the bank's shares traded at Rs. 350 with a PE ratio of 16.31 times.
