Profitability Figures of Commercial Banks Painted a Greener Picture in First Quarter, Most Banks Report Net Rise in Profit (Tabular Comparison of All 27 Banks)
Mon, Nov 1, 2021 11:40 AM on Company Analysis, Stock Market, Latest,
All 27 commercial banks have unveiled their first quarter report of the current fiscal year 2078/79.
Of the 27 banks, only four have reported a decline in profitability in the first quarter compared to the corresponding quarter of the previous fiscal year. All banks have reported a profit nonetheless.
Nepal Bangladesh Bank Limited has witnessed the highest percentage decline in net profit: 27.93%. Meanwhile, Civil Bank Limited has reported the highest percentage increase in net profit: a staggering 201.88% surge from the same quarter of the previous fiscal year.
When it comes to raw figures, however, the data tells a different story. NIC Asia Bank has reported the highest net profit figure in the first quarter of the current fiscal year 2078/79. The commercial bank's net profit has stood at Rs. 1,18,06,91,000. Another banking giant, Nabil Bank and Global IME Bank both are closely trailing behind with profitability reported at slightly over Rs. 1.11 Arba.
|
Bank |
Net Profit (000') This Quarter |
Net Profit (000') Corresponding Quarter of Previous FY |
Increase/ Decrease (%) |
Stock Price Yesterday (Kartik 14, Rs.) |
|
|---|---|---|---|---|---|
|
1 |
NIC Asia Bank Limited |
1180691 |
1021008 |
15.64 |
893 |
|
2 |
Nabil Bank Limited |
1112234 |
1035712 |
7.39 |
1,580.00 |
|
3 |
Global IME Bank Limited |
1112224 |
1058840 |
5.04 |
390 |
|
4 |
Rastriya Banijya Bank |
1050614 |
829245 |
26.70 |
Not Listed |
|
5 |
NMB Bank Limited |
1044437 |
748139 |
39.09 |
414 |
|
6 |
Prime Commercial Bank Limited |
977934 |
1017634 |
-3.90 |
480 |
|
7 |
Siddhartha Bank Limited |
948731 |
500640 |
89.50 |
514 |
|
8 |
Nepal Investment Bank Limited |
923795 |
623814 |
48.09 |
460 |
|
9 |
Mega Bank Nepal Limited |
914686 |
607903 |
50.47 |
331 |
|
10 |
Nepal Bank Limited |
754855 |
550419 |
37.14 |
479 |
|
11 |
Citizens Bank International Limited |
687399 |
515591 |
33.32 |
299.1 |
|
12 |
Prabhu Bank Limited |
636321 |
850014 |
-25.14 |
395 |
|
13 |
Everest Bank Limited |
578873 |
334764 |
72.92 |
691 |
|
14 |
Sanima Bank Limited |
567860 |
373255 |
52.14 |
405 |
|
15 |
Machhapuchchhre Bank Limited |
561536 |
360909 |
55.59 |
332 |
|
16 |
Laxmi Bank Limited |
552870 |
312372 |
76.99 |
342 |
|
17 |
Kumari Bank Limited |
541119 |
602543 |
-10.19 |
272.9 |
|
18 |
Nepal Credit & Commerce Bank Limited |
518057 |
334587 |
54.83 |
300 |
|
19 |
Agricultural Development Bank Limited |
485378 |
461469 |
5.18 |
532 |
|
20 |
Standard Chartered Bank Nepal Limited |
481847 |
401371 |
20.05 |
531 |
|
21 |
Himalayan Bank Limited |
452853 |
365914 |
23.76 |
484 |
|
22 |
Sunrise Bank Limited |
430716 |
382977 |
12.47 |
312 |
|
23 |
Nepal Bangladesh Bank Limited |
411645 |
571180 |
-27.93 |
425.8 |
|
24 |
Nepal SBI Bank Limited |
372911 |
200502 |
85.99 |
350 |
|
25 |
Civil Bank Limited |
291849 |
96678 |
201.88 |
242.4 |
|
26 |
Century Commercial Bank Limited |
272476 |
220259 |
23.71 |
237.8 |
|
27 |
Bank of Kathmandu Limited |
253477 |
241406 |
5.00 |
352 |
