NMB Bank's profit up by 27.11 percent: improvement in earnings per share and distributable profit
-
Media Baaji
- Sun, 1 November 2026
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.
Express
Related News
3 million more contributors to the Social Security Fund, the contribution amount has exceeded 1 trillion 16 billion
Kathmandu. A total of 1 trillion 16 billion 71 crore 89 lakh 50 thousand 525 rupees has been contributed to the social security fund. The contribution amount has been collected till the end of June of the financial year 2082/83. Listed Employers a...
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...
The farmer is worried that the plant has dried up
Ramechhap. The country is heated by the election atmosphere. But the farmers here are worried about June. Junar farmers of Ramechhap Municipality-7 Okhreni are worried about when the price of junar will be found.
Compared to the past, this y...
Financial statements of companies applying for IPOs will now be subject to mandatory review
Kathmandu. The Nepal Securities Board has implemented a system to review the financial statements of companies applying for initial public issue IPO through accounting experts. The board has issued the 'Standards for Revision of Financial Statemen...
The government's decision to give tax exemptions to China
Kathmandu. The government has decided to provide tax exemptions for the purchase and export of necessary materials for the expansion of the second section of the ring road. With this decision, the way has been opened to proceed with the process of...
Trade in sweets, raisins and twinkling lights increased during Tihar
Dharan. With the beginning of Tihar, the streets of Dharan are not only bright with lights, but also with the efforts of traders. The hustle and bustle of the market, which starts in the morning, continues till the evening. Bikki Das of Dharan Sub...