Kathmandu. NMB Bank last fiscal year 2081. Financial statements for the fourth quarter of 82 have been made public.
According to the financial statement, the bank earned a profit of Rs 3.28 billion in the last fiscal year. The previous fiscal year 2080. The bank had posted a net profit of Rs 2.24 billion in 2017-19. In this way, the bank’s profit has increased by 46.22 percent compared to the previous year.
In the review year, the bank’s distributable profit stood at Rs 1.90 billion. The bank has the capacity to distribute 10.40 percent dividend.
In the review year, the operating profit of the bank increased to Rs 5.35 billion. In the previous fiscal year, the operating profit was Rs 3.25 billion. The operating profit of the bank also increased by 64.46 percent.
In the fourth quarter of the last fiscal year, the bank earned Rs 8.02 billion in interest income. In the same period last year, the bank had earned Rs 7.21 billion in interest income. Interest income increased by 11.14 percent.
The bank has a paid-up capital of Rs 18.36 billion, retind earnings of Rs 1.90 billion and reserves of Rs 12.32 billion. In the previous year, the retained earnings were negative by Rs 93.8 million and the reserve was Rs 10.69 billion.
In the review year, the bank collected deposits of Rs 280.92 billion and invested Rs 229.11 billion in loans. In the previous fiscal year, the bank collected deposits of Rs 223.94 billion and invested Rs 194.30 billion in loans.
In the review year, the bank’s bad loan ratio (NPL) increased to 1.37 percent. In the same period last year, the bank’s NPL was 1.35 percent.
The bank’s annualised earnings per share (EPS) increased to Rs 17.87. Last year, the EPS was Rs 12.22. The bank has a net worth of Rs 176.81 per share with a PE ratio of 15.10 times.
