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

IPO of Super Khudi Hydro worth 1 lakh 28 thousand is open from February 5

Kathmandu. Super Khudi Hydropower Limited is going to issue an IPO for the general public from Monday 5th February to Sunday 10th February. Earlier, it was said that the issue would be opened from February 4th, but the said date has been shifted o...

Foreign currency exchange rates: what is the price of dollars, euros and pounds?

Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Thursday. According to the information released by the Central Bank, the exchange rate of US dollar, euro and pound sterling has remained high today.

Accordin...

The training and cultural program of National Life was grandly completed

Kathmandu. National Life Insurance Company Ltd. has completed a training and cultural program at the Hotel Royal Tulip in Lalitpur for the successful agents who have performed excellent work in accordance with the monthly plan issued in the month...

Muglin -Malekhu road upgradation work started

Kathmandu. The work of upgrading the Muglin-Malekhu road, which was only a normal work due to the rainy season, has started gaining intensity. After June, the road upgrading work slowed down. After the rain stopped and the festival was over, the w...

Economic growth is expected to be limited to 3.855 in the current year

Kathmandu. In the current fiscal year 2082/83, the economic growth rate of Nepal is projected to be 3.85 percent. According to the national accounting data released by the National Statistics Office on Tuesday, the size of the economy is expected...

The price of gold rose sharply, how much did it reach per tola?

Kathmandu. On Friday, the price of gold in the Nepali market increased by Rs. 2900 per tola. According to the Federation of Nepal Gold and Silver Traders, the price of gold in the Tola was Rs 2,59,600 per tola on Thursday, which was Rs 2,62,500 pe...