NMB Bank Limited (NMB) has been able to increase its net profit by 27.61 % in FY 2074/75 to Rs 45.13 crore. With this, NMB Bank has posted annualized Earnings Per Share (EPS) of Rs 27.94 till the end of Q1 of FY 2074/75.
As per the unaudited financial statement published by the bank today, its operating profit has also increased by 26.04 % to Rs 46.30 crore. It has mobilized deposits of Rs 71.94 arba and disbursed loans of Rs 62.87 arba. With this, it has earned Rs 61.70 crore in net interest income.
Its non-performing loan has slightly decline to 1.67% from 1.83% in the corresponding quarter.
As at the end of Q1 of FY 2074/75, its paid up capital stands at Rs 6.46 arba, reserve at Rs 4.67 arba with net worth per share of Rs 172.38. It is seeking approval from SEBON to float 1.14 crore units further public offering (FPO) shares at a premium price, after which its paid up capital will reach Rs 7.60 arba.
Major Indicators:
| Particulars (In Rs '000) |
NMB Bank (NMB) |
| Q1 2074/75 |
Q1 2073/74 |
Difference |
| Paid Up Capital |
6,461,774 |
5,430,062 |
19.00% |
| Reserve & Surplus |
4,676,754 |
4,196,960 |
11.43% |
| Deposits |
71,949,240 |
65,858,352 |
9.25% |
| Borrowings |
2,803,041 |
1,531,657 |
83.01% |
| Loans & Advances |
62,875,295 |
56,060,407 |
12.16% |
| Net Interest Income |
617,072 |
633,292 |
-2.56% |
| Provision for possible losses |
90,774 |
176,066 |
-48.44% |
| Operating Profit |
463,051 |
367,394 |
26.04% |
| Net Profit |
451,353 |
353,685 |
27.61% |
| NPL (%) |
1.67 |
1.83 |
-8.74% |
| Annualized EPS (In Rs.) |
27.94 |
26.05 |
7.24% |
| Net Worth per Share (In Rs.) |
172.38 |
177.29 |
-2.77% |
| P/E Ratio (In times) |
17.36 |
- |
- |
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