Kathmandu. Citizens Bank Limited has published unrefined financial statements for the fourth quarter of last financial year. According to the details, the net profit of the bank has increased slightly compared to the same period of the previous financial year. According to the financial statement released by the bank, it has earned a net profit of 2 billion 21 crore 44 lakh 25 thousand rupees till the fourth quarter of the last financial year. In the same period of the previous financial year, the bank earned a profit of 2.56 lakh 10 thousand rupees.

Compared to the previous year, the bank made 10.41 percent more profit in the last financial year. Until last June, the bank's net interest income increased by 17.30 percent to 5.85 billion 72 lakh 74 thousand rupees. In the same period of the previous year, the bank earned a net interest income of 4.99 billion 3.489 thousand rupees.

The distributable profit of the bank is 1.3 billion rupees. Citizens Bank has a paid-up capital of 14.2 billion rupees and 6.7 billion rupees in its reserve fund. In the last financial year, the bank has managed to collect deposits of 1 trillion 68 billion rupees and invest 1 trillion 40 billion rupees in loans and earn net interest income of 5.87 billion rupees.

Along with the profit, the bank's earnings per share have also increased. Earnings per share (EPS) of the bank increased by Rs 1.47 to Rs 15 59 paisa during the review period. The bank's price-to-earnings ratio is 11.10 times and net worth per share is Rs 150.08.