How has been the historical performance of J&K Bank?

Answer:The historical performance of J&K Bank shows a significant upward trend in various financial metrics over the years, particularly from March 2019 to March 2025.

Breakdown:
J&K Bank's interest earned has increased from 7,675.56 crore in March 2019 to 12,535.86 crore in March 2025, reflecting a robust growth trajectory. The net interest income also rose significantly, from 3,383.93 crore in March 2019 to 5,793.82 crore in March 2025. Profit before tax improved markedly from a loss of 1,100.05 crore in March 2020 to a profit of 2,933.70 crore in March 2025, while profit after tax followed suit, climbing from a loss of 1,139.41 crore in March 2020 to 2,082.46 crore in March 2025. The bank's total income has also seen a steady increase, reaching 13,672.67 crore in March 2025, up from 8,488.19 crore in March 2019. On the asset side, total assets grew from 1,01,406.30 crore in March 2019 to 1,54,526.59 crore in March 2024, indicating strong growth in the bank's balance sheet. The capital adequacy ratio improved from 12.46% in March 2019 to 16.29% in March 2025, showcasing a solid capital position. However, the percentage of gross NPAs decreased from 8.97% in March 2019 to 3.37% in March 2025, indicating improved asset quality. Overall, J&K Bank has demonstrated a strong recovery and growth in its financial performance over the years.