Kathmandu. KATHMANDU: NMB Bank Limited has published its unaudited financial statements for the first quarter of the current FY. In the first three months of the current FY, the bank earned a net profit of Rs 91.59 crore. The profit of the bank decreased by 20.04 percent compared to the same period of the last FY. The bank had posted a net profit of Rs 1.14 billion in the same period last year.
In the review period, the bank earned a net interest income of Rs 2.48 billion. The bank had posted a net profit of Rs 1,000 crore in the same quarter last year. The bank’s net interest income has increased by 24.49 percent compared to the last FY.
Similarly, the total operating income of the bank stood at Rs. 23.00 crore in the review period. Operating profit fell by 14.31 percent and by 47 percent. During the period, the bank’s distributable profit stood at Rs 1.94 billion.
The bank has paid-up capital of Rs 18.36 billion and reserve fund of Rs 14.26 billion. The bank has collected deposit of Rs 290 billion and extended loan of Rs 234 billion till mid-October.
Along with the profit, the bank’s earnings per share also declined. The bank’s earnings per share declined by Rs 5 to Rs 19.95 in the review period. As of mid-October, the bank has a net worth per share of Rs 178.64 and P/E ratio of 11.78 times.
