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
Bamjan Acquitted in Money Laundering Case
Kathmandu: The Sarlahi District Court has acquitted Ram Bahadur Bamjan, known as the Little Buddha, in a money laundering case. On Baisakh 8, a bench led by Judge Mahendra Raj Kafle ruled that the charges in the case were not substantiated and dec...
Rajan Vikram Thapa appointed as the Chairman of Nepal Insurance Authority
Kathmandu. The government has appointed Rajan Vikram Thapa as the chairman of Nepal Insurance Authority. Based on the recommendation of the selection committee formed by the Ministry of Finance, the Cabinet meeting held on Tuesday appointed Thapa...
3 billion 55 crores damage to agriculture and livestock sector across the country due to rain
Kathmandu. The Ministry of Agriculture and Livestock Development has said that due to the heavy rains that occurred last October, there was a loss of 3.55 billion in the fields of agriculture and animal husbandry acros...
The price of gold fell on Tuesday, now how much per tola?
Kathmandu. Even today, the price of gold has decreased in the Nepalese market. Gold tola has fallen by Rs 900. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 31,900 rupees per tola today.
On the other hand...
National Life Employee Skill Enhancement Program Concludes
Nepalgunj — National Life Insurance Company Limited has successfully concluded a four-day “Employee Skill Enhancement Workshop” aimed at enhancing the capacity, efficiency, and professional skills of its employees. The workshop was held at Hotel S...
Revenue collection of 21 lakh 10 thousand in one day in traffic action
Kathmandu. In the past 24 hours, two thousand 102 motorists have been prosecuted for violating traffic rules. From this, the revenue of Rs 21 lakh 10 thousand 514 has been deposited in the state treasury. According to the Kathmandu Valley Traffic...