November 8, 2026, Sunday
English

NMB Bank's profit up by 27.11 percent: improvement in earnings per share and distributable profit

Main News Image

Kathmandu. NMB Bank Limited has earned a net profit of Rs 1.16 billion in the first three months of the current financial year 2083/84. This is an increase of 27.11 percent compared to Rs 91.6 crore in the same period last financial year. Along with this, the bank's annualized earnings per share also increased by 25.42 percent to Rs 23.83. Similarly, the profit distributable to the shareholders of the bank has also improved. Annualized distributable profit per share increased by 43.88 percent to Rs 11.64.

Both bank loans and deposits have increased during this period. Total loans increased by 8.9 billion rupees to 2.76 billion 4 billion rupees, while total deposits increased by 6.3 billion rupees to 3.24 billion rupees. The total loan growth rate of the bank has been above the average growth rate of the banking industry.

The ratio of bad loans declined to 4.92 percent from 4.97 percent in the previous quarter, indicating an improvement in loan quality. Similarly, the bank's operating profit increased by 26.17 percent to Rs 1.89 billion. Impairment charges for probable loss management expenses decreased by 29.66 percent to Rs 500 crore 21 lakh 80 thousand. The bank's capital funding ratio stands at 12.53 percent, which reflects the bank's continued commitment to capital soundness, financial stability and sustainable banking practices.

mediabaaji add

Related News

What is the currency exchange rate of which country today?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar has been fixed at 147 rupees 84 paisa and the selling rate is 148 rupees 44 paisa. Simila...

Sopan Pharmaceuticals' IPO will be distributed tomorrow, 347,000 will get shares

Kathmandu. The IPO of Sopan Pharmaceuticals Limited will be distributed tomorrow. NMB Capital, the company's sales manager, has prepared for the IPO distribution on Thursday morning at 9 am. 29 lakh 14 thousand 443 people applied for the IPO. The...

Are you exchanging foreign currency? Here are the exchange rates (with list)

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the value of foreign currencies such as US dollar and Euro has increased today. According to...

Rastra Bank is selling gold and silver coins from today, buyer's identity card is required

Kathmandu. Nepal Rastra Bank is starting sale of gold and silver coin medallions targeting Tihar from today. Gold and silver coins will be bought and sold from 11 am to 3 pm at Taksar Mahashakha located in Babarmahal. Anuj Dahal, executive directo...

Purchase of paddy at support price by cooperative in Bardia, relief to farmers

Bardia. The government had fixed the minimum support price of rice at the time to provide a fair price of rice to the farmers. Although the minimum support price of paddy was fixed, the farmers were not able to get the...

Kalinchok Hydropower gets permission from Securities Board to issue IPO

Kathmandu. Kalinchok Hydropower has received permission from the Nepal Securities Board to issue an IPO. The Securities Board on Monday allowed this company to issue an IPO worth Rs 130.75 million. Now this company will open the IPO sale of a tota...