Nabil Bank Earns Rs. 4.76 Arba Net Profit with EPS of Rs. 35.04 in Q2 FY 2082/83
Summary
Nabil Bank Limited recorded a net profit of Rs. 4.76 Arba and EPS of Rs. 35.04 in Q2 FY 2082/83, showing significant growth from the previous year with improved capital adequacy and operating profits.
Key Points
- Nabil Bank reported a net profit of Rs. 4.76 Arba in Q2 FY 2082/83, up from Rs. 3.27 Arba in the same period last year.
- Net interest income increased to Rs. 8.08 Arba, reflecting growth in core banking operations.
- Operating profit rose to Rs. 6.57 Arba, aided by a reversal in impairment charges.
- Capital adequacy ratio improved to 12.77%, and EPS reached Rs. 35.04 with the shares trading at Rs. 487.50.
- Total deposits and loans & advances both saw notable increases.
