Nepal Bank’s Profit Surges 46.20% to Rs. 4.50 Arba, EPS Climbs to Rs. 30.63
Summary
Nepal Bank Limited reported a 46.20% jump in net profit to Rs. 4.50 Arba in the fourth quarter of FY 2082/83, while EPS rose to Rs. 30.63. Deposits and loans also grew strongly, even as net interest income edged lower.
Key Points
- Nepal Bank Limited posted a net profit of Rs. 4.50 Arba in Q4 FY 2082/83, up 46.20% year-on-year.
- Operating profit surged 61.68% to Rs. 7.19 Arba, helping offset a slight decline in net interest income.
- Total deposits rose 25.02% to Rs. 415.18 Arba and loans and advances increased 10.47% to Rs. 243.59 Arba.
- EPS climbed to Rs. 30.63 and the bank’s capital adequacy ratio improved to 13.66%.
