Commercial banks have made public their financial statements for the first three months of the current fiscal year 2077/78. Corona's lockdown has had an impact on the profits of most commercial banks. However, some commercial banks have managed to make a profit of over Rs one billion. Which are as follows.

Global IME Bank 

Global IME Bank Limited has earned a net profit of Rs 1.58 billion. As per the details, the bank has managed to make a profit of more than Rs 1 billion during the period. The distributable profit of the bank is Rs. 226.1 million.

It is Rs. 305.6 million more than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs. 753.1 million in the corresponding period of the previous fiscal year. The distributable profit of the bank has decreased due to the allocation of Rs. 518.9 million in the bank's nut fund.

The bank's net interest income increased by Rs 1.28 billion to Rs 2.59 billion during the review period. Similarly, the operating profit of the bank increased by Rs. 432.9 million during the review period to Rs. 1.47 billion.

Despite the increase in net profit, the bank's earnings per share has declined. Such income of the bank, which was Rs. 28.87 paise till mid-October of the last fiscal year, has decreased by Rs. Similarly, the bank's net worth per share is Rs 158.59.

NIC Asia Bank

NIC Asia Bank has managed to increase its profit in the first three months of the current fiscal year. The bank's profit is Rs 1.2 billion. The bank had made a profit of Rs 1 billion in the same period last year. The distributable profit of the bank during the same period was Rs. 46.6 million.

Most of the indices are normal in the unrevised financial statements of NIC Asia Bank Limited for the first quarter of the current fiscal year. As per the public statement last Friday, the bank has earned a net profit of Rs 1.21 billion till the end of the first quarter.

This is Rs. 11.4 million more than the corresponding period of the previous fiscal year. The bank had earned a net profit of Rs 1.96 billion in the corresponding period of the previous fiscal year. With the increase in net interest income of the bank, it is seen that the net profit has increased due to the reverse of the impairment charge.

 The bank's net interest income is Rs 1.98 billion. The bank's operating profit has increased by Rs 28.4 million to Rs 1.45 billion.

 The bank has a reserve fund of Rs 6.69 billion. Similarly, Rs 2.24 billion has been accumulated in retained earnings. 5.54 billion in the reserve fund and Rs. 1.97 billion in retained earnings of the last fiscal year. The bank's earnings per share, which stood at Rs 40.78, has increased to Rs 42.14 in the same period of the current fiscal year.

 The bank's deposits have increased from Rs 211.63 billion to Rs 231.33 billion, while loans have increased from Rs 160.18 billion to Rs 189.81 billion.

Prime Bank

Prime Commercial Bank has made a net profit of 54.24 percent more in the first quarter of this year than last year. The bank has made public its financial statements for the first quarter of the current fiscal year. According to the statement, the bank's profit is Rs 1.176 billion. The bank had made a net profit of Rs 659.767 million in the first quarter of last year.

The bank, which made an operating profit of Rs 944.49 million last year, has made an operating profit of Rs 1.44 billion in the same period this year. The bank's operating profit has increased by 53.27 percent this year as compared to last year.

Similarly, the bank, which earned net interest income of Rs 1.65 billion last year, has earned Rs 155.83 million this year. The company's net interest income has increased by 46.24 percent this year as compared to last year. The bank's distributable profit stood at Rs 338.44 million in the first quarter.

At present, the bank's paid-up capital is Rs 13.98 billion. The bank's reserve fund is 14 percent higher than last year. The reserve fund of the bank, which was Rs 4.79 billion in the first quarter of last year, has stood at Rs 5.46 billion in the same period this year.

This year, the bank has collected Rs. The non-performing loan of the bank, which was 1.14 percent last year, has reached 1.37 percent this year. The non-performing loan of the bank has increased this year as compared to last year. The bank's earnings per share is Rs 29.11 and net worth per share is Rs 154.26.

Nabil Bank

Nabil Bank has earned a net profit of Rs 1.35 billion in the first quarter of the current fiscal year. The bank had earned a net profit of Rs 1.12 billion in the corresponding period of the previous year.

 The bank's distributable profit has reached Rs 1.20 billion. The distributable profit increased by 62.85 percent to Rs. 742.2 million in the corresponding period of the previous year. The bank's annual earnings per share, which stood at Rs 10.97 billion, has declined by Rs 3.48 to Rs 41.03. The bank has a net worth of Rs 267.08 per share with a reserve fund of Rs 12.61 billion.

As of mid-October, the bank has collected Rs 196.15 billion in deposits and invested Rs 157.19 billion in loans. The bank's net interest income declined by 17.96 percent to Rs 1.574 billion during the period compared to the same period last year and operating profit declined by 7.67 percent to Rs 1.48 billion.

While the NPL ratio of the bank remained stable at 0.65 percent, the capital adequacy ratio increased to 12.59 percent. The deposit collection cost is 4.99 percent, base rate is 6.68 percent, loan-to-deposit ratio is 73.48 percent and price-to-earnings ratio is 20.96 times.