NMB Bank reports a Net profit growth of 23.30% ; Paid-up capital stagnant at Rs 6.46 arba

As per the 3rd quater report, NMB Bank has earned a net profit of Rs 1.41 arba, which is 23.30% more then what earned in the previous year. The company has an EPS of Rs 29.09.

The company has a paid-up capital of Rs 6.46 arba with a reserve of Rs 5.63 arba. The company's reserve increased by 42% in the review period. In terms of deposit, NMB Bank collected Rs 85.29 arba , recording a YooY growth of 19.88% , similarly company has extended Rs 74.01 arba, which is 22.86% more then the last year. 

The company's Net Interest Income surged by 13.28% to stand at Rs 2.10 arba. The company's operating income increased by 44.52% to Rs 1.69 arba. A significant improvement was seen in company's NPL as it declined to 1.1 % . 

Positive Sides :

• Low NPL 
• Rise in Operating Profit 
• Increase in Net Profit 
• Hefty rise in reserves

Negative Sides :

• Stagnant Paid-up Capital 

 

Key Indicators :

Earning per Share : Rs 29.09

P/E Ratio                : 15.29 times

Networth                : Rs 187.21 

ROE                        : 16.95%

ROA                        : 2%