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

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 fixed exchange rate, the buying rate of one US dollar is 147 rupees 50 paisa and the selling rate is 148 rupees 10 paisa.

Similarly...

The construction process of Budhi Gandaki project of national pride will be started immediately: Kulman

Kathmandu. The Minister of Energy, Water Resources and Irrigation, Physical Infrastructure and Transport and Urban Development Kulman Ghising has said that the investment modality of Budhigandaki hydropower project wit...

Kalanga Hydro's IPO collects 2 billion rupees, how many applied?

Kathmandu. 2 billion 25 lakh 29 thousand rupees have been collected in the IPO of Kalanga Hydro Limited. According to CDS, 17 lakh 79 thousand 593 people have applied for 2 crore 25 thousand 290 shares till 5 pm today on 10th May. The company has...

NEPSE closed down with a normal score, turnover of 4.68 billion

Kathmandu. On the fifth or last trading day of the week, the NEPSE index decreased by 0.93 points and remained at 2560.15. During the day, 1449,496 shares of 328 companies were bought and sold, resulting in a turnover...

The value of the US dollar is at an all-time high

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the value of the US dollar has reached its highest point so far. According to the excha...

The value of the US dollar at a high point

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today.  According to the fixed exchange rate, the buying rate of one US dollar is 143 rupees 74 paisa and the selling rate is 144 rupees 34 paisa. Similarly...