Nepal Bank’s Net Profit Rises 41.46% to Rs. 83.22 Crores in Q1 FY 2083/84; EPS Climbs to Rs. 22.65
Sun, Nov 1, 2026 4:58 PM on Financial Analysis, Highlight News, Company Analysis,
Nepal Bank Limited (NBL) has reported a 41.46% growth in net profit for the first quarter of FY 2083/84, reaching Rs. 83.22 Crores compared to Rs. 58.83 Crores in the corresponding quarter of the previous fiscal year. The bank's paid-up capital remained unchanged at Rs. 14.69 Arba, while retained earnings increased by 18.25% to Rs. 27.53 Crores and reserves grew by 1.34% to Rs. 25.59 Arba.
During the quarter, total deposits increased by 4.56% to Rs. 4.34 Kharba, while loans and advances grew by 2.66% to Rs. 2.50 Kharba. Net Interest Income declined by 3.11% to Rs. 2.49 Arba. Personnel expenses increased by 16.12% to Rs. 1.24 Arba, while impairment charges declined by 14.87% to Rs. 54.65 Crores. Despite the decline in net interest income, operating profit increased by 8.49% to Rs. 99.50 Crores.
Nepal Bank's distributable profit after profit/loss appropriation and regulatory adjustments stood at Rs. 27.53 Crores, compared to a negative distributable profit of Rs. 57.02 Crores in the corresponding quarter. The bank's capital adequacy ratio improved to 11.23% from 10.10%, while the Non-Performing Loan (NPL) ratio declined to 4.61% from 5.49%. The cost of funds stood at 61.63%, compared to 69.42% in the corresponding quarter.
The bank's annualized Earnings Per Share (EPS) increased by 41.46% to Rs. 22.65 from Rs. 16.01, while net worth per share increased by 1.80% to Rs. 292.89 from Rs. 287.70. Nepal Bank's quarter-end PE ratio stood at 13.42 times, while its quarter-end market price was Rs. 304.10 per share.
* Figures are of Immediate Previous Year Quarter Ending
Major Highlights:
| Particulars (In Rs '000) | Nepal Bank Limited | ||
| Q1 2083/84 | Q1 2082/83 | Difference | |
| Paid Up Capital | 14,694,022.93 | 14,694,022.93* | 0.00% |
| Share Premium | 0.00 | 0.00 | 0.00% |
| Retained Earnings | 2,752,845.06 | 2,327,960.91* | 18.25% |
| Reserves | 25,589,853.76 | 25,252,123.68* | 1.34% |
| Deposit | 434,131,911.23 | 415,182,034.29* | 4.56% |
| Loans & Advances | 250,075,963.34 | 243,590,656.23* | 2.66% |
| Net Interest Income | 2,489,574.80 | 2,569,500.39 | -3.11% |
| Personnel Expenses | 1,237,290.90 | 1,065,552.74 | 16.12% |
| Impairment Charges | 546,464.67 | 641,948.96 | -14.87% |
| Operating Profit | 994,954.33 | 917,120.76 | 8.49% |
| Net Profit | 832,187.83 | 588,287.50 | 41.46% |
| Distributable Profit/ (Loss) after P/L Appropriation and Regulatory Adjustments | 2,752,845.06 | -570,192.95 | - |
| Capital Adequacy (%) | 11.23 | 10.10 | 11.19% |
| NPL (%) | 4.61 | 5.49 | |
| Cost of Fund (%) | 61.63 | 69.42 | -11.22% |
| Annualized EPS (In Rs.) | 22.65 | 16.01 | 41.46% |
| Net Worth per Share (In Rs.) | 292.89 | 287.70 | 1.80% |
| Qtr end PE Ratio (times) | 13.42 | - | - |
| Qtr End Market Price | 304.1 | - | - |
