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

Corporation's request to avoid unnecessary storage of gas

Kathmandu. Nepal Oil Corporation has requested everyone to purchase LP gas only as needed and not to store it unnecessarily. The corporation has requested the gas industry and sellers of LP gas to arrange the sale and distribution of LP gas by giv...

The tenth Dhading festival will be held from January 15 to 25

Kathmandu. The 10th Dhading Festival 2082 will be organized with the aim of making the local economy dynamic through the development and promotion of the economic, social, touristic and cultural sectors of the district. The festival will be conduc...

Search and rescue operations at Trishuli-3B hydroelectric power station

The Kathmandu. A technical team, including the Nepali Army, has been deployed in search and rescue at the Trishuli-3 'B' hydropower project site affected by the Bhotekoshi flood in Rasuwa. The Ministry of Energy, Water Resources and Irrigation sai...

42.58 points decline in NEPSE, turnover above 14.16 billion

Kathmandu. On the third trading day of the week, NEPSE index decreased by 42.58 points and remained at the point of 2726.51. 14 billion 1671 million shares were traded during the day when 32 million 62 thousand 710 shares of 333 companies were bou...

The government reduced the limit of cash transactions, transactions above 5 lakhs should be done through banking

Kathmandu. The government has reduced the limit of cash transactions. The cabinet meeting held on Monday has set a limit that the purchase and sale of services, goods or other transactions of 5 lakhs or more at a time...

Stock market at 2654 points, turnover exceeded 7 billion

Kathmandu. On Sunday, the first trading day of the week, the stock market closed with an improvement in normal numbers. Nepal Stock Exchange NEPSE index increased by 7.06 points to 2654 points. Along with the index, there has been an encouraging i...