Nabil Bank's Q4 Profit Surges 33.50%; Distributable Profit Climbs to Rs. 5.16 Arba
Summary
Nabil Bank Limited posted a 33.50% rise in fourth-quarter net profit to Rs. 7.90 arba for FY 2082/83, helped by higher operating income and sharply lower impairment charges. Distributable profit climbed 34.07% to Rs. 5.16 arba, while deposits, loans and advances, and reserves all increased.
Key Points
- Nabil Bank reported a 33.50% year-on-year increase in net profit to Rs. 7.90 arba in Q4 FY 2082/83.
- Distributable profit rose 34.07% to Rs. 5.16 arba, supported by stronger operating performance and lower impairment charges.
- Customer deposits grew 12.95% and loans and advances increased 12.00% during the period.
- Asset quality improved as the NPL ratio fell to 4.20% and the capital adequacy ratio rose to 12.37%.
