Five commercial banks has published their Financial statements, How much bank profit ?

Aug Fri 2021 11:51:50

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Five commercial banks has published their Financial statements, How much bank profit ?

Kathmandu. Five commercial banks of Nepal has published their financial statements of Q4 the fiscal year 2077/078. Everest Bank, Nepal Investment Bank, Laxmi Bank, Mega Bank and Himalayan Bank have made public their financial statements up to the fourth quarter of the last fiscal year. 

Himalayan Bank Ltd. 2.99 billion net profit. According to the financial statement of the public bank, the net profit has increased by 15.90 percent last year as compared to the previous year. The bank's distributable profit increased by 65.74 percent to Rs. 2 billion 169.8 million. The bank's earnings per share stood at Rs. 28.06 and a net worth of Rs. 187.94.

Nepal Investment Bank Limited has made a net profit of 50.69 percent more than the previous year till the fourth quarter of the last fiscal year. According to the financial statements of the public bank, Rs. The bank had made a net profit of over Rs. 2.42 billion last year. It has made a profit of more than Rs 3.65 billion. The bank's operating profit also increased by 49.5 percent to Rs. 5.25 billion.

The bank's distributable profit increased by 205.55 percent to Rs. 1 billion 999.33 million.The bank has collected 5 percent more deposits and 16.15 percent more loans last year than the previous year. The bank's earnings per share stood at Rs. 22.46 and a net worth of Rs. It is 5.45.

Everest Bank Ltd. had a net profit of Rs. It has made a net profit of over Rs 1.82 billion. As per the financial statements of the public bank up to that period on Friday, the net profit of the bank has decreased by 27.34 percent compared to the same period of the previous year. Last year, the bank had raised Rs. It had made a net profit of over Rs 1.67 billion.

The distributable profit of the bank is Rs. 2.36 billion. The bank's distributable profit increased by 41.35 percent last year compared to the previous year.

Laxmi Bank Ltd. had a net profit of Rs. It has made a net profit of over Rs 1.54 billion. According to the bank's financial statements for the period released on Friday, the net profit has increased by 9.20 percent last year as compared to the previous year. Last year, the bank's profit was Rs. 1.12 billion in the corresponding period of the previous year. The bank's earnings per share for the period stood at Rs. 27.41 and a net worth of Rs. 157.32.

Mega Bank Nepal Limited has disbursed Rs. It has made a net profit of over Rs 2.30 billion. According to the financial statement of the public bank on Friday, the net profit has increased by 45.16 percent compared to the same period last year. During the same period last year, the bank had disbursed Rs. Net profit was more than Rs 1.58 billion. The bank's earnings per share for the period stood at Rs. 15.71 and a net worth of Rs. It is 139.11.