November 6, 2026, Friday
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

The price of gold decreased, now how much per tola?

Kathmandu. The price of gold has decreased in Nepali market today. Gold tola has fallen by 200 rupees. According to the Nepal Gold and Silver Traders Federation, today gold is being bought and sold at 3 lakh 1 thousand 500 rupees per tola. Today,...

National Life Insurance 15.1 million contribution to the Divine Disaster Relief Fund

Kathmandu. National Life Insurance Company Limited has provided financial assistance of Rs 1.51 million to the Prime Minister's Divine Disaster Relief Fund for the relief, reconstruction and economic recovery of the citizens affected by the severe...

NEPSE rose, the index to 2,597 points as share prices of 121 companies increased

Kathmandu. On Thursday, the last trading day of the current financial year, the Nepal Stock Exchange NEPSE index has closed with an increase of normal points. The market, which has been fluctuating throughout the day, improved at the end of tradin...

After the interest of the Prime Minister, the closed tea industries are re-opening

Kathmandu. The tea industries of Jhapa and Eelam, which were closed for the past few days, have resumed operations due to India's restrictions on tea exports. After the government promised to form a special task force to solve the problems of the...

Janakpur Cigarette Factory in Pakhai to be reopened

Janakpur. The only cigarette factory in the country, Janakpur Cigarette Factory Limited, which was operating 62 years ago, is in the process of reopening. The Janakpur cigarette factory, which was unfortunately closed due to the political environm...

The price of gold increased, how much per tola on Friday?

Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 1 thousand 500 rupees. According to the Federation of Nepal Gold and Silver Traders, the price of gold is trading at 294 thousand 800 rupees per tola tod...