NMB Bank’s Q4 FY 2081/82 Net Profit Soars 46.22% to Rs. 3.28 Arba; Distributable Profit Hits Rs. 1.91 Arba
Summary
NMB Bank's net profit for Q4 FY 2081/82 rose by 46.22% to Rs. 3.28 Arba, driven by loan growth, higher net interest income, and reduced impairment charges. Deposits and loans increased significantly while borrowings fell. The bank's EPS surged to Rs. 17.87.
Key Points
- NMB Bank's net profit increased by 46.22% to Rs. 3.28 Arba in Q4 FY 2081/82.
- Deposits grew by 25.45% to Rs. 2.80 Kharba, and loans advanced by 17.92%.
- Impairment charges dropped by 52.99%, and operating profit rose 64.46%.
- Earnings per share (EPS) rose to Rs. 17.87 and the cost of funds declined to 5.06%.
