Nabil Bank Reports Strong Financial Performance in Q4 FY 2082/83
Summary
Nabil Bank Limited posted a 33.5% rise in net profit to Rs 7.90 billion in the fourth quarter of FY 2082/83, helped by a sharp drop in loan loss provisions. The bank also reported stronger deposits, loans, assets, and dividend-paying capacity, with EPS reaching Rs 28.36.
Key Points
- Nabil Bank Limited’s net profit rose 33.50 percent year-on-year to Rs 7.90 billion in Q4 FY 2082/83.
- Loan loss provisions fell sharply, supporting higher operating profit and net interest income.
- The bank’s distributable profit stood at Rs 5.17 billion, implying a dividend capacity of Rs 19.10 per share.
- Deposits, loans, total assets, and asset quality also improved, with NPLs declining to 4.20 percent.
