Muktinath Bikas Bank Records Significant Growth in Profit and EPS

Muktinath Bikas Bank Limited (MNBBL) has published its unaudited financial report for the fourth quarter of the last fiscal year, reporting distributable earnings per share of NPR 20.75. The bank’s distributable profit stood at NPR 1.46 billion, while net profit reached NPR 1.53 billion, marking a 30.70% increase compared to NPR 1.17 billion in the same period last year. During the review period, the bank’s net interest income grew by 7.50%, net fee and commission income rose by 20.48%, total operating income increased by 8.93%, and operating profit surged by 30.55%. Earnings per share also climbed by NPR 5.12 to NPR 21.82. At the end of the fiscal year, the bank’s price-to-earnings ratio stood at 18.6 times, and net worth per share was NPR 169.95. With a paid-up capital of NPR 7.04 billion, the bank has accumulated NPR 4.93 billion in reserves. By the end of the year, it had collected NPR 117.43 billion in deposits and extended NPR 97.51 billion in loans.