Everest Bank Reports Impressive 62.63% Increase in Net Profit in Third Quarter Financial Statement

एभरेष्ट बैंकको खुद नाफा २ अर्ब ४६ करोड ६० लाख ६४ हजार रुपैयाँ -Q3 Report

Everest Bank has announced its third-quarter financial statement, which shows a significant increase in net profit for the current financial year. The bank has reported a net profit of 2.46 billion 664 thousand rupees, which is an increase of 62.63 percent compared to the same period in the previous year. The bank's net interest income has also increased by 59.38 percent to 5 billion 58 million 72 lakh 48 thousand rupees, and the operating profit has increased by 62.59 percent to 3 billion 52 million 28 lakh 86 thousand rupees.

During this period, the bank's ROE reached 13.61 percent, while the earnings per share increased by 9 rupees 29 paisa to 30 rupees 74 paisa by the end of Chaitra 2079. However, the bad loans have increased from 0.26 percent last year to 0.70 percent this year. Despite this increase in bad loans, the bank's net worth per share is reported at 225 rupees 86 paise. Overall, the financial statement shows that Everest Bank is performing well and continuing to grow, with increasing profits and a solid net worth per share.