Average Net Profit of 20 Commercial Banks at Rs. 1.43 Arba

January 22, 2024 | Investopaper

In the first six months of the current fiscal year 2080/81, 20 commercial banks have reported the net profit of Rs. 28.68 Arba. The average profit of the banks stood at Rs. 1.43 Arba

Nabil Bank (NABIL) has remained as the number one bank in terms of net profit. Nabil has posted a profit of Rs 3.2 Arba in the 6 months period. Prime Commercial Bank Limited (PCBL) is at number two spot with Rs 2.18 Arba in net profit while Global IME Bank Limited (GBIME) occupies the third spot with Rs 2.04 Arba profit.

On the other hand, Nepal Bank (NBL) has reported a net profit of Rs. 59 crores. Likewise, Prabhu Bank Limited (PRVU) and  Citizens Bank International (CZBIL) have earned profit of Rs. 72 crores and Rs. 78 crores respectively.


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The ranking of the commercial banks of Nepal based on the net profit is presented in the table below:

Net Profit of Commercial Banks in Nepal-FY 2080/81

Rank Commercial Banks Q2, F.Y. 2080/81 Q2, F.Y. 2079/80
1 Nabil Bank Limited 3.2 3.41
2 Prime Commercial Bank Limited 2.18 1.65
3 Global IME Bank Limited 2.04 2.78
4 Rastriya Banijya Bank Limited 2.01 2.71
5 NIC Asia Bank Limited 1.9 3.27
6 Nepal Investment Mega Bank Limited 1.8 2.08
7 Standard Chartered Bank Nepal Limited 1.72 1.75
8 Everest Bank Limited 1.71 1.58
9 Himalayan Bank Limited 1.5 0.95
10 NMB Bank Limited 1.37 1.9
11 Agricultural Development Bank Limited 1.35 -0.12
12 Sanima Bank Limited 1.13 1.28
13 Siddhartha Bank Limited 1.13 1.16
14 Laxmi Sunrise Bank Limited 1.05 1.07
15 Kumari Bank Limited 0.86 1.01
16 Nepal SBI Bank Limited 0.84 1.17
17 Machhapuchchhre Bank Limited 0.8 1.02
18 Citizens Bank International Limited 0.78 0.84
19 Prabhu Bank Limited 0.72 1.19
20 Nepal Bank Limited 0.59 1.17
Total Net Profit 28.68 31.87
Average Net Profit 1.43 1.59

Source: Unaudited Q2 Report Of Respective Banks, FY 2080/81

Note: The net profit of the banks is of the first six months of the fiscal year 2080/81 only. 


Net Profit of Commercial Banks in Nepal-FY 2079/80

Net Profit In Rs.’Arba’

Rank Commercial Banks FY 2079/80 FY 2078/79 Percent Change
1 Nabil Bank 7.52 4.25 76.94
2 Global IME Bank 7.25 4.95 46.46
3 Rastriya Banijya Bank 4.91 4.29 14.45
4 NIC Asia Bank 4.65 4.21 10.45
5 Nepal Investment Mega Bank 4.29 3.79 13.19
6 Standard Chartered Bank Nepal 3.52 2.25 56.44
7 NMB Bank 3.41 3.29 3.65
8 Nepal Bank 3.41 2.92 16.78
9 Everest Bank 3.39 2.47 37.25
10 Himalayan Bank 3.26 2.36 38.14
11 Siddhartha Bank 3.19 2.9 10.00
12 Agricultural Development Bank 3.1 2.22 39.64
13 Prabhu Bank 2.82 1.9 48.42
14 Sanima Bank 2.61 2.09 24.88
15 Prime Commercial Bank 2.26 2.78 -18.71
16 Laxmi Sunrise Bank 2.26 1.51 49.67
17 Nepal SBI Bank 2.24 1.63 37.42
18 Citizens Bank 2.21 2 10.50
19 Kumari Bank 1.95 2.57 -24.12
20 Machhapuchchhre Bank 1.85 1.68 10.12
Total Profit 70.17 56.17 24.92

Source: Unaudited Q4 Report Of Respective Banks, FY 2079/80


Net Profit of Commercial Banks in Nepal [FY 2078/79]

In the fiscal year 2078/79, 26 commercial banks had reported the net profit of Rs. 74.70 Arba. The average profit of the banks stood at Rs. 2.87 Arba

Rastriya Banijya Bank (RBB) remained as the number one bank in terms of net profit. RBB posted a profit of Rs 5.21 Arba in the fiscal year 2078/79. Global IME Bank (GBIME) was  at number two spot with Rs 5.20 Arba in net profit while Nabil Bank occupied the third spot with Rs 4.97 Arba profit.

On the other hand, Century Commercial Limited (CCBL) earned the lowest profit among the banks with Rs 1.35 Arba net profit. Similarly, Civil Bank (CBL), and Laxmi Bank (LBL) had earned about Rs 1.38 Arba and Rs. 1.60 Arba respectively.

Net Profit (Rs.’Arba’)

Rank Commercial Banks Net Profit (Rs.’Arba’)
1 Rastriya Banijya Bank 5.21
2 Global IME Bank 5.2
3 Nabil Bank 4.97
4 NIC Asia Bank 4.52
5 Nepal Investment Bank 4.08
6 NMB Bank 3.7
7 Prime Commercial Bank 3.68
8 Nepal Bank 3.26
9 Siddhartha Bank 3.21
10 Kumari Bank 2.83
11 Mega Bank Nepal 2.83
12 Agricultural Development Bank 2.69
13 Prabhu Bank 2.6
14 Everest Bank 2.54
15 Himalayan Bank 2.48
16 Sanima Bank 2.29
17 Standard Chartered Bank Nepal 2.26
18 Citizens Bank 2.25
19 Machhapuchchhre Bank 2.16
20 Sunrise Bank 2.15
21 NCC Bank 2.02
22 Bank Of Kathmandu 1.81
23 Nepal SBI Bank 1.63
24 Laxmi Bank 1.6
25 Civil Bank 1.38
26 Century Commercial Bank 1.35
Total Profit 74.7
Average Profit 2.87

Source: Unaudited Q4 Report Of Respective Banks, FY 2078/79


Net Profit of Commercial Banks in Nepal [FY 2077/78]

Net Profit (Rs.’Arba’)

S.N Commercial Banks FY 2077/78 FY 2076/77 Percent Change
1 Nabil Bank 4.5 3.46 30.06
2 Global IME Bank 4.12 2.9 42.07
3 Rastriya Banijya Bank 3.79 4.37 -13.27
4 Agricultural Development Bank 3.69 3.33 10.81
5 Nepal Investment Bank 3.65 2.42 50.83
6 NIC Asia Bank 3.25 3.09 5.18
7 Prime Commercial Bank 3.25 2.25 44.44
8 Nepal Bank 3.06 2.33 31.33
9 Himalayan Bank 2.99 2.58 15.89
10 Siddhartha Bank 2.83 2.14 32.24
11 NMB Bank 2.73 1.71 59.65
12 Mega Bank 2.3 1.38 66.67
13 Nepal Bangladesh Bank 2.29 1.24 84.68
14 Sanima Bank 2.27 1.77 28.25
15 Prabhu Bank 2.01 1.19 68.91
16 Kumari Bank 2 1.15 73.91
17 Everest Bank 1.82 2.51 -27.49
18 Machhapuchchhre Bank 1.63 1.26 29.37
19 Citizens Bank 1.59 1.19 33.61
20 Sunrise Bank 1.58 1.35 17.04
21 Laxmi Bank 1.54 1.41 9.22
22 Bank Of Kathmandu 1.53 1.46 4.79
23 Standard Chartered Bank 1.4 1.98 -29.29
24 NCC Bank 1.27 1.1 15.45
25 Nepal SBI Bank 0.96 1.54 -37.66
26 Century Commercial Bank 0.75 0.8 -6.25
27 Civil Bank 0.55 0.55 0.00
Total Profit Of Banks 63.35 52.46 20.76

Source: Un-audited fourth quarterly report (of respective banks) of the fiscal year 2077/78.


Net Profit Of Commercial Banks In FY 2076/77

The table below presents the annual profit of banks in the fiscal year 2076/77 and 2075/76.

Net Profit (Rs.’Arba’)

S.N Commercial Banks FY 2076/77 FY 2075/76 Percent Change
1 Rastriya Banijya Bank 4.45 5.05 -11.88
2 Nabil Bank 3.57 4.24 -15.8
3 Agricultural Development Bank 3.47 4.19 -17.18
4 NIC Asia Bank 3.12 3.02 3.31
5 Global IME Bank 3.09 2.76 11.96
6 Nepal Investment Bank 2.57 3.32 -22.59
7 Nepal Bank 2.56 2.6 -1.54
8 Himalayan Bank 2.54 2.76 -7.97
9 Everest Bank 2.5 3.05 -18.03
10 Prime Commercial Bank 2.29 2.2 4.09
11 NMB Bank 2.27 2.26 0.44
12 Siddhartha Bank 2.09 2.26 -7.52
13 Standard Chartered Bank 1.98 2.43 -18.52
14 Sanima Bank 1.7 2.26 -24.78
15 Nepal SBI Bank 1.53 2.29 -33.19
16 Mega Bank 1.52 1.63 -6.75
17 Laxmi Bank 1.48 1.59 -6.92
18 Bank Of Kathmandu 1.48 1.9 -22.11
19 Sunrise Bank 1.39 1.71 -18.71
20 Prabhu Bank 1.37 1.78 -23.03
21 Machhapuchchhre Bank 1.25 1.7 -26.47
22 Nepal Bangladesh Bank 1.24 1.59 -22.01
23 Kumari Bank 1.22 1.23 -0.81
24 NCC Bank 1.13 1.02 10.78
25 Citizens Bank 1.12 1.46 -23.29
26 Century Commercial Bank 0.91 0.68 33.82
27 Civil Bank 0.46 0.71 -35.21

Source: Un-audited fourth quarterly report (of respective banks) of the fiscal year 2076/77.

** The figures of FY 2076/77 are different in the two tables above. This is because the figures of FY 2076/77 in Table 1 are audited while that of table 2 is unaudited.


Note:

The above figures are based on the un-audited report published by the respective banks. Investors are advised to take other things into consideration along with this report while making investment decisions. The numbers may vary after the final audit.

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2 thoughts on “Average Net Profit of 20 Commercial Banks at Rs. 1.43 Arba

  • May 15, 2020 at 11:59 pm
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    thank you for information

    Reply
  • May 24, 2020 at 5:02 pm
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    Thank you so much. Excellent for information. All the best.

    Reply

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