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

The price of petroleum products from India has increased, the price of gas and petrol has remained the same

Kathmandu. Nepal Oil Corporation has adjusted the price of petroleum products. After Indian Oil Corporation sent the new price of petroleum products, Nepal Oil Corporation has adjusted it. Accordingly, per liter petrol has increased by Rs 0.12, di...

The value of the US dollar at a high point!

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the fixed exchange rate, the value of the US dollar has reached a high point. According to the determined exchange rate, the buying rate of...

Chumchet Syar Khola hydropower project was built in Chilime

Kathmandu. The government has granted power generation permits to three more hydropower projects. The Power Development Department under the Ministry of Energy, Water Resources and Irrigation has granted power generati...

A huge increase in the price of gold, how much is the transaction?

Kathmandu. There is a huge increase in gold in the Nepalese market on Wednesday. Compared to Tuesday, the price of Chhapawal gold increased by 14,400 rupees per tola, according to the Nepal Gold and Silver Traders Federation. Along with this, gold...

Extensive changes in the tax system by the government through the budget: Abolition of some taxes and fees

Kathmandu. With the aim of providing relief to citizens and businessmen through the budget of the next financial year, the Government of Nepal has canceled some of the taxes and fees imposed in the past and has significantly reduced some of them....

The passport department will remain open even on holidays

Kathmandu. The passport department will continue its services even on public holidays. Through a public notice, the department has announced that although today and tomorrow are public holidays, the department will remain open for work such as pas...