With a 6.04 percent increase in net profit for the fiscal year 2078/2079, NMB Bank Limited (NMB) has published its second-quarter report for the fiscal year 2078/2079. From Rs. 1.61 Arba in the second quarter of fiscal year 2077/2078 to Rs. 1.71 Arba in the second quarter of fiscal year 2078/2079, the bank’s net profit has improved significantly.
Customer deposits climbed by 10.46 percent to Rs. 1.81 kharba (compared to the same period the previous year), but loans and advances to customers increased by 13.99 percent to Rs. 1.72 kharba (compared to the same period the previous year) up to the end of the second quarter of 2018. When compared to the same quarter the previous year, the bank’s Net Interest Income (core business income) climbed to Rs. 2.71 arba, or a 27% rise.
Bank’s annualized earnings per share (EPS) was Rs. 18.64, and its net worth per share was Rs. 136.8 at the time of the financial year end. The company traded at a price-to-earnings ratio of 18.94 times.