November 8, 2026, Sunday
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

Greenery in the face of the budget: business has also increased!

Kathmandu. In the face of the budget, the stock market has started to look greener. Expectation that some important issues related to the stock market will be addressed through the upcoming budget has added to the enthusiasm of investors. The late...

Badhuram earns 70,000 per month by selling bamboo materials

Dhangadhi. Badhuram Chaudhary of Dhangadhi sub-metropolitan city-4 Uttarbehdi has been earning Rs 70,000 per month by selling bamboo products professionally. For a long time, he has been using his handicraft skills to...

The special court will remain open even during Dasain holidays

Kathmandu. On the occasion of Vijaya Dashami, 2083, the special court will be closed from Ghatasthapana on 25th October to Kojagrat Poornima on 8th October. However, the court will remain open for some urgent judicial functions. The special court...

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...

New government pricing of land in Kathmandu Valley: Newroad, Darbarmarg and Maitighar areas are the most expensive

Kathmandu. The land administration offices under the Land Management and Records Department have published the minimum valuation of land across the country for the new financial year 2083 and 84, i.e. the government value. Based on the purpose of...

After a week, the stock market fell, the turnover did not increase

Kathmandu. The stock market, which has increased for 6 consecutive trading days, fell by 13.95 points on Wednesday and the NEPSE index fell to 2,712 points. The transaction amount has also decreased from 6.67 billion rupees the previous day to 5.1...