November 5, 2026, Thursday
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 exchange rate of foreign currency on Saturday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 88 paisa and the selling rate is 143...

Development expenditure only 23.58 percent in nine months

Kathmandu. In the nine months of the current fiscal year 2082/83, the government has spent about 54 percent of the budget. The government had brought a budget of 19 trillion 64 billion rupees for the current financial year. Out of that, the govern...

What is the exchange rate of which foreign currency for today?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 150 rupees 74 paisa and the selling rate has been fixed at 151 rupees 34 pai...

Demat accounts in Nepal crossed 77 lakhs, 26 percent were linked to stock market

Kathmandu. According to the Nepal Capital Market Development Roadmap, 2083 recently published by the Nepal Securities Board, the number of demat 9 beneficiary accounts in Nepal has reached 77 lakh 66 thousand five hundred and 65. Around 1.7 lakh d...

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...

Seven million eight million rose from Dharahara in one year

Kathmandu. It has been a year since Monday that the tower was opened for viewing for a fee. Last year, from November 9th, the government made an arrangement where the Dharahara can be viewed for a fee of 200 rupees. Du...