Decoding Commercial Bank Q1 Report: Industry Profit Crosses 19 Arba
Summary
Nepal’s commercial banks posted a combined net profit of Rs. 1,914.50 crore in the first quarter of 2083/84, with Everest Bank and Standard Chartered Bank emerging as the strongest performers on EPS, DPS and asset quality. Nabil Bank and Global IME Bank led absolute profit, while Prabhu Bank and NIC Asia Bank lagged with weak earnings and high NPLs.
Key Points
- The 20 operating Class A commercial banks in Nepal reported a combined net profit of Rs. 1,914.50 crore in Q1 2083/84.
- Nabil Bank and Global IME Bank led absolute profit, while Everest Bank and Standard Chartered Bank topped EPS, DPS and low NPL rankings.
- Prabhu Bank, Himalayan Bank and NIC Asia Bank showed deeply negative DPS, reflecting heavy provisioning and balance-sheet stress.
- Credit quality remains highly uneven across the sector, with NPLs ranging from 0.50% at Everest Bank to 14.80% at Prabhu Bank.
