Nabil Bank profit surges by 34.67% in Q4; reserve increased to Rs 7.59 arba

Nabil Bank Limited (NABIL) has posted  net profit increment by 34.67 % in Q4 of the last fiscal year 2072/73.The commercial bank earned Rs. 2.82 arba in the fourth quarter of fiscal year. The net profit was Rs. 2.09 arba in the corresponding quarter of the previous fiscal year. Publishing the unaudited financial report for Q4 today, the commercial bank’s net interest income increased to Rs 4.34 arba up from Rs 3.54 arba in othe corresponding quarter of the previous fiscal year. Nabil Bank’s paid up capital remains at Rs. 4.75 arba and has a reserve of Rs 7.59 arba. The commercial bank has deposit collection of Rs 1.10 kharba in Q4.The figure stood at Rs 1.03 kharba in the corresponding quarter of the previous fiscal year. It has disbursed loans of Rs.77.73 arba. The bank had extended loan of Rs 67.16 arba in the corresponding quarter of the previous fiscal year. The commercial bank has an operating profit of Rs.4.40 arba increasing from Rs 3.27 arba of the corresponding quarter previous fiscal year. Its non-performing loan dropped to 1.49% in Q4 from 2.05 % of the previous year corresponding quarter. Its Earning per share is at Rs 59.41, net worth per share at Rs 260 and PE ratio is 39.46.times. The Financial highlights of five years as follows: