Massive profit growth of NMB Bank by 126.54% to Rs 1.20 arba in Q4; EPS stand at Rs 28.66
Wed, Aug 10, 2016 11:04 AM on Latest, Financial Analysis, Featured,
NMB Bank Limited (NMB) has registered massive increase in profit of 126.54 percent in the fourth quarter of the last fiscal year 2072/73.
According to the unaudited financial report published by the commercial bank today, its net profit has increased to Rs. 1.20 arba in fourth quarter from Rs. 53.27crore in the corresponding quarter of the last fiscal year 2071/72.
NMB Bank’s net interest income has also risen to Rs. 2.10 arba in Q4 as compared to Rs. 98.77 crore in the corresponding quarter.
It’s paid up capital remains at Rs. 4.48 arba with reserve of Rs 2.53 arba in Q4.
The bank amassed huge amount of deposits in the Q4 of the ongoing fiscal year. Deposits collection reached Rs. 64.94 arba in Q4 from Rs 35.36 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs. 53.85 arba in Q4 whereas in the same period last year the figure stood at Rs. 27.28 arba.
Its non-performing loan (NPL) inclined to 1.74 percent in Q4 up from 0.42 percent in the previous year report.
Its annualized Earning per share (EPS) stand at Rs. 28.66 , net worth per share at 154.91, and the P/E ratio at 27.49 times.
The bank completed merger of four financial institution: Clean energy Development Bank , Bhrikuti Development Bank ltd., Pathibhara bikash Bank ltd and prudentional Finance Company Limited with Nmb bank and commenced joint operation as merged entitity from Karik 1, 2072. This is the third instance of publishing quarterly result after joint operation.
It’s paid up capital remains at Rs. 4.48 arba with reserve of Rs 2.53 arba in Q4.
The bank amassed huge amount of deposits in the Q4 of the ongoing fiscal year. Deposits collection reached Rs. 64.94 arba in Q4 from Rs 35.36 arba in the corresponding period last year.
Likewise, it has extended loans and advances of Rs. 53.85 arba in Q4 whereas in the same period last year the figure stood at Rs. 27.28 arba.
Its non-performing loan (NPL) inclined to 1.74 percent in Q4 up from 0.42 percent in the previous year report.
Its annualized Earning per share (EPS) stand at Rs. 28.66 , net worth per share at 154.91, and the P/E ratio at 27.49 times.
The bank completed merger of four financial institution: Clean energy Development Bank , Bhrikuti Development Bank ltd., Pathibhara bikash Bank ltd and prudentional Finance Company Limited with Nmb bank and commenced joint operation as merged entitity from Karik 1, 2072. This is the third instance of publishing quarterly result after joint operation.
