Nabil Bank posted increased in net profit by 11.50% in the fourth quarter of this fiscal year 2074/75. It has published report based on Nepal financial reporting standard (NFRS).
As per the published report, the commercial bank has reported increased in net profit to Rs.4.19 arba in this Q4 from Rs.3.76 arba in the corresponding quarter of last fiscal year 2073/74.
As per the NFRS model, the bank has free distributable amount after regulatory adjustment is Rs.4.05 arba as dividend to its shareholders.
During the period the bank has collected deposit of Rs.1.36 kharba & floated in loan & advances of Rs.1.13 kharba. It has borrowing of Rs.3.25 crore. Deposit increased by 14.37% & loan expansion increased by 22.80%.
Its net interest income increased to Rs.6.26 arba from Rs.5.54 arba in the last corresponding quarter. Operating profit increased to Rs.5.37 arba from Rs.4.94 arba in the last year. Operating profit increased by 8.61%.
Its paid up capital is Rs.8.04 arba with reserves of Rs.12.83 arba.
Its non performing loan stands at 0.55% from 0.80% from the last year. Cost of fund 4.75%. CCD ratio is 74.68%.
Annualized earning per share is Rs.52.14.
