This marks a notable increase compared to the corresponding period of the previous fiscal year, reflecting robust operational performance and easing credit risk pressures.
The primary driver behind the profit growth is a substantial reduction in potential loan loss provisions. The bank’s impairment charge dropped sharply to Rs 16.40 crore in the review period, down from Rs 64.72 crore in the first quarter of the previous fiscal year, signaling improved debt recovery and diminished risk pressures.
Nabil Bank's core business income also demonstrated solid momentum. Net interest income grew to Rs 4.73 billion from Rs 3.90 billion previously, while net fee and commission income rose to Rs 91.94 crore compared to Rs 798.7 million in the corresponding period last year.
Key financial indicators reflect positive momentum across the board. The bank's annualized earnings per share (EPS) climbed to Rs 33.89, while net worth per share stood at Rs 233.39. On the balance sheet front, total deposit collections reached Rs 619.23 billion, alongside a total loan disbursement of Rs 476.01 billion.
In terms of shareholder returns and asset quality, the bank’s total distributable profit stood at a healthy Rs 2.26 billion. Meanwhile, risk management metrics showed the bank's non-performing loan (NPL) ratio at 4.06 percent, with net NPA standing at 0.63 percent.
