Commercial Banks Post Rs. 71.50 Arba Net Profit in Q4 FY 2081/82; Nabil Bank Leads Net Profit, Everest Bank Tops Distributable Profit Per Share

Nepal’s commercial banks have reported their net profits for the fourth quarter (Q4) of FY 2081-82, based on unaudited financial statements.

Net Profit:

Collectively, the 20 commercial banks posted a net profit of Rs. 71.50 Arba, reflecting a 43.39% year-on-year (YoY) growth compared to Rs. 49.86 Arba in the same period of FY 2080/81. 

Nabil Bank Limited recorded the highest net profit, earning Rs. 7.13 Arba by the end of Ashad, a 15.01% increase from the previous year. Following Nabil, Nepal Investment Mega Bank posted Rs. 6.76 Arba, while Global IME Bank earned Rs. 6.20 Arba. NIC Asia Bank recorded the lowest net profit at Rs. 16 crores, experiencing the steepest YoY decline of 77.03% from Rs. 70 crores in FY 2080/81.

Kumari Bank reported the highest profit growth among all banks, with an increase of 45,820.14%. Other banks showing notable growth after revising previous year figures include Prabhu Bank and Nepal Bank.

However, four banks—Standard Chartered Bank, Nepal SBI Bank, Citizens Bank International, and NIC Asia Bank—recorded a decline in profit during the review period, with NIC Asia Bank’s net profit falling the most.

Distributable Profit Per Share:

In terms of distributable profit per share, Everest Bank Limited (EBL) led with Rs. 38.27 per share, followed by Sanima Bank Limited at Rs. 20.47. Despite being second in total net profit, Nepal Investment Mega Bank reported the lowest distributable profit per share at Rs. 1.44. Four banks recorded negative distributable profit per share for the quarter.