NMB Bank Limited (NMB) has been able to increase its net profit by 35.54% in FY 2073/74 to Rs 1.51 arba. With this, NMB Bank has posted Earnings Per Share (EPS) of Rs 23.39 till the end of Q4 of FY 2073/74.
As per the unaudited financial statement published by the bank today, its operating profit has also increased by 59.85% to Rs 1.98 arba. It has mobilized deposits of Rs 73.22 arba and disbursed loans of Rs 61.21 arba. With this, it has earned Rs 2.56 arba in net interest income, a 27.56% year-on-year increase.
NMB Bank’s cost of funds and base rate have increased to 5.06% and 10.12% respectively, largely affected by increase in interest rates on deposits. Its non-performing loan has slightly decline to 1.66% at the end of FY 2073/74 from 1.81% in the corresponding quarter.
As at the end of Q4 of FY 2073/74, its paid up capital stands at Rs 6.46 arba, reserve at Rs 4.26 arba with net worth per share of Rs 166. 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:
| Indicators (Rs in "000") |
FY 2073/74 Q4 |
FY 2072/73 Q4 |
Growth (%) |
| Paid Up Capital |
6,461,774 |
4,486,924 |
44.01 |
| Reserve and Surplus |
4,269,440 |
2,428,536 |
75.80 |
| Deposits |
73,224,063 |
64,781,464 |
13.03 |
| Loans and Advances |
61,219,060 |
53,021,384 |
15.46 |
| Net Interest Income |
2,568,174 |
2,013,282 |
27.56 |
| Provision |
183,553 |
403,106 |
(54.47) |
| Write Back |
223,565 |
476,862 |
(53.12) |
| Operating Profit |
1,984,257 |
1,241,305 |
59.85 |
| Net Profit |
1,511,386 |
1,115,065 |
35.54 |
| Capital Adequacy Ratio (%) |
13.85 |
10.98 |
26.14 |
| NPL (%) |
1.66 |
1.81 |
(8.29) |
| Base Rate (%) |
10.12 |
6.68 |
51.50 |
| Cost of Fund (%) |
5.06 |
3.99 |
26.82 |
| CD Ratio (as per NRB) )%) |
74.90 |
78.69 |
(4.82) |
| EPS (Annualized) |
23.39 |
24.85 |
(5.88) |
| Networth Per Share |
166.07 |
154.12 |
7.75 |
| P/E Ratio |
19.68 |
- |
|
