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

Solu Hydropower's IPO will be distributed next week

Kathmandu. The IPO of Solu Hydropower Limited will be distributed only next week. Nabil Investment Banking Limited and Himalayan Capital Limited as sales managers have informed that they are working to distribute the IPO only.

In the company...

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

Kathmandu. Recently, the price of gold in the Nepalese market has been continuously falling. Gold has decreased by two thousand 200 rupees per tola today. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at...

Seventeen lakh farmers will be listed

Kathmandu. The Ministry of Agriculture and Livestock Development will soon list about 1.7 lakh farmers who are yet to be listed. At the local and regional level, 1.737 thousand farmers were yet to be listed due to some technical reasons including...

What is the foreign currency exchange rate?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Saturday. According to which, the buying rate of one US dollar has remained at 151 rupees 71 paisa and the selling rate has been maintained at 152 rupees 31 pais...

Foreign Currency Exchange Rate: US Dollar crossed Rs.152

Kathmandu. Nepal Rastra Bank has announced the exchange rate of foreign currencies for Monday. According to the new rate fixed by the Central Bank, the price of US dollar has increased and the buying rate of one US dollar has reached 152 rupees 23...

The price of gold rose sharply, now how much per tola?

Kathmandu. The price of gold has increased in Nepali market today. Gold tola has increased by 3 thousand 400 rupees. According to the Federation of Nepal Gold and Silver Traders, today the price of gold has remained at Rs 3 lakh five thousand 800...