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
The value of the dollar hit a new record, while other foreign currencies also rose
Kathmandu. Nepal Rastra Bank has announced the official exchange rate of foreign currencies for Wednesday.
According to the new rate determined by the Central Bank, the buying rate of one US dollar has been fixed at 152 rupees 71...
Fuel supply from Tribhuvan Rajpath after the road was washed away in Krishnabhir
Kathmandu. After the road was blocked in the Krishnabhir section of Dhading under the Prithvi Highway, Nepal Oil Corporation is continuing to supply petroleum products and LP gas to Kathmandu Valley and surrounding areas through the alternative ro...
Drone attack in Saudi Arabia kills two including one Nepali
Kathmandu. A Nepali and a Filipino citizen have died in a drone attack in Saudi Arabia. One Pakistani and one Indian citizen were injured in the attack. A drone attack targeted Aramco's processing plant in the Saibah oil mining area in the e...
The fall in the price of gold, how much has it reached now?
The Kathmandu. The price of gold has fallen in the Nepali market today. The gold is worth Rs 2,400. According to the Federation of Nepal Sunchandi Traders, gold is being traded at Rs 3.66 lakh per tola today. Today, the price of 10 grams of gold i...
Monthly stipend for the injured of Gen-G movement: Govt started four tier classification
Kathmandu. The government has accelerated the classification of those who were injured during the demonstration by Yuva Pusta Genji on August 23 and 24. The Ministry of Home Affairs has implemented the procedure approved by the Council of Minister...
An increase of 16.67 points in NEPSE, the turnover is limited to 2.79 billion
Kathmandu. On Sunday, the last trading day before Tihar, the stock market NEPSE index rose by 16.67 points to 2503.85. 6.199 thousand shares of 323 companies were bought and sold in NEPSE on this day, with a turnover o...