November 3, 2026, Tuesday
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

12 lakh 82 thousand shares of Himalayan Bank for sale

Kathmandu. More than 12 lakh 82 thousand shares of Himalayan Bank have been put up for sale. 12 lakh 82 thousand 588 shares of the founder group of the bank have been put up for sale. At present, only the existing founder shareholders of the bank...

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

Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 1 thousand 300 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 350,000 rupees per tola today.

O...

Nepal's emphasis on strengthening the United Nations development system

Kathmandu. Nepal has emphasized on the need to strengthen the United Nations development system. Nepal is of the opinion that it is necessary to do so to ensure multilateralism. Lok Bahadur Thapa, Permanent Representative of Nepal to the United Na...

50 thousand shares of Nepal Life in the auction, everyone can buy

Kathmandu. Nepal Life Insurance Company Limited has auctioned 50,000 shares of the founder group. The company has put the shares in auction so that any interested and qualified person, company, organization can buy them.

The minimum price pe...

The price of gold and silver increased, how much did it reach per tola?

Kathmandu. On Friday, the price of gold in the Nepali market has increased moderately. According to the Nepal Gold and Silver Business Federation, the price of gold has increased by Rs 600 per tola compared to the prev...

What is the exchange rate of which foreign currency on Wednesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 60 paisa and the selling rate is 147 rupees 20 paisa. Similarly,...