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

Here are the foreign currency exchange rates for today

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 149 rupees 64 paisa and the selling rate is 150 rupees 24 paisa. Similarly,...

Foreign currency exchange rates: What is the price of the US dollar and the pound?

Kathmandu.  Nepal Rastra Bank has set the foreign currency exchange rate for today. According to the new rate determined by the Central Bank, the buying rate of one US dollar is 153 rupees 24 paisa and the selling rate is 153 rupees 84 paisa....

Grant of three billion rupees has been approved to Nepal from the Climate Damage Fund

Kathmandu. For the relief, rehabilitation and reconstruction of the communities affected by the devastating floods in the Bhotekoshi and Trishuli rivers due to climate change, the Climate Damage Loss and Damage Fund has decided to provide Nepal wi...

What is the exchange rate of which foreign currency on Sunday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 146 rupees 88 paisa and the selling rate is 147 rupees 48 paisa. Similarly,...

The value of the US dollar continues to rise

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the exchange rate set for today, the value of the US dollar has increased again. According to the fixed rate, the buying rate of one US dolla...

What is the foreign currency exchange rate on Sunday?

Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Sunday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 88 paisa and the selling rate is 143 r...