NMB Bank limited (NMB) has posted 1.007 arba net profit: EPS stands at 31.18

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NMB Bank

NMB Bank limited (NMB) has reported net profit of 1.007 arba in the second quarter fiscal year 2074/75.

As per the published report, NMB Bank has stated net profit of 1.007 arba in this Q2of 2074/75. It is surge by 43.67%. The bank has earned 70.10 crore in the second quarter of last year.

During the period, NMB has collected deposit of 80.55 arba & disbursed in loan 70.93 arba.

Net interest income reached to 1.39 arba from 1.26 arba. NMB bank is able to decreased provision of loan losses by 64.60% to 9.56 crore. The Bank earned 21.88 crore from fee commission & discount.

Operating profit of bank is 1.13 arba from 82.20 crore in the last year.

Paid up capital is stand at 6.46 arba with reserve of 5.23 arba. It is in the process of floating FPO in Premium.

Non-performing loan (NPL) stands at 1.20% from 1.89% in the last year. Cost of fund is 7.14%. CD ratio stands at 76.61%.

Annualized earning per share stands at 31.18. EPS increased by 20.73%. Net worth per share is 180.98. PE stands stand at 14.66 times.