Kathmandu. In the first quarter of the current fiscal year, the return on equity of most banks has fallen below 15 percent. According to the banks' financial statements based on the first quarter, the ROE of 21 commercial banks was less than 15 percent.

 Of the 27 commercial banks, NIC Asia Bank has the highest ROE in the current fiscal year. The bank has an ROE of 23.45 percent in the first quarter of the current fiscal year, meaning that a shareholder who has invested Rs 100 in NIC Asia Bank has earned 23.45 paise. At the end of last year, the bank's earnings per share was 22.12 paise.

The shareholders of Civil Bank have been most affected in this period of the current fiscal year. According to the bank's published financial statements, the bank's earnings per share is only Rs 3.77. The bank's earnings stood at Rs 6.29 per cent and Rs 4.75 per cent at the end of the current fiscal year.

Prabhu Bank has been included in the second list of banks earning more to the shareholders in this period of the current fiscal year. Prabhu Bank has published its financial statements in the first quarter of the current fiscal year so that it can give Rs 22.41 to its shareholders. At the end of last year, the bank's ROE was only Rs 9.60. The bank has more than doubled its ROE during the period.

Similarly, Nepal Prime Bank has earned Rs 19.80 per share in the first quarter of the current fiscal year. At the end of last year, the bank's profit was Rs 12.56. The ROE of the bank was Rs 13.27 in the corresponding period last year. Bangladesh Bank is expected to pay Rs 17.26 per share to its shareholders in the first quarter of the current fiscal year. Last year, the bank's share was only 10.50 percent. Shareholders who have invested Rs 100 can earn up to 17.26 percent as per the financial statement of the current fiscal year.

The ROE of Nabil and Citizen Bank is also above 15 percent. Nabil is expected to give 15.98 per cent ROE in the first quarter and Citizen Bank 15.36 per cent.

In addition, Global IME, Rastriya Banijya Bank, Kumari, Mega, NMB, Machhapuchche, Siddhartha, Sanima and Sunrise, Standard Chartered and Nepal Credit and Commerce Bank have more than 10 percent revenue while other banks have less than 10 percent.

The shareholders of commercial banks have earned Rs 23.44 per share. Last year, Civil Bank had the lowest income. Civil Bank's earnings per share is only 4.75 percent. NIC Asia Bank is the second largest earner among the share rich. The bank will be able to earn Rs 22.12 paise to a shareholder who invests Rs 100.

The decline in profits of banks has led to a decline in income. As the profits of the banks have declined, the rich have not been able to get good returns.