Nepal Investment Mega Bank Posts Staggering Q1 Surge: Net Profit Soars 26-Fold to NPR 1.18 Billion

2nd November 2026, Kathmandu

Nepal Investment Mega Bank Limited has published its unverified financial report for the first quarter of the fiscal year 2083/84 (ending Mid-October 2026), demonstrating a dramatic operational recovery.

NIMB Posts Staggering Surge in Q1

The bank recorded a net profit of NPR 1.18 billion during the review quarter. This represents a staggering 26-fold increase compared to NPR 45.0 million earned in the corresponding period of the previous fiscal year.

Net Profit and Operational Performance Surge

The massive rise in net profit was supported by stable core interest earnings and a sharp rebound in operating profits following reduced impairment pressures.

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• Net Profit: Reached NPR 1.18 billion, soaring by approximately 2,525 percent year-on-year from NPR 45.0 million in Q1 FY 2082/83.
• Operating Profit: Surged to NPR 1.69 billion, up from NPR 150.2 million recorded in the baseline period.
• Profit Before Tax: Rose sharply to NPR 1.69 billion, compared to NPR 98.7 million in the previous year’s first quarter.
• Net Interest Income: Expanded to NPR 3.27 billion, up from NPR 3.24 billion in the prior year’s baseline quarter.
• Gross Interest Income: Accumulated to NPR 7.42 billion against interest expenses of NPR 4.15 billion.
• Net Fee and Commission Income: Expanded to NPR 592.1 million, up from NPR 564.8 million in the corresponding period last year.
• Total Operating Income: Reached NPR 4.35 billion, compared to NPR 4.31 billion in Q1 FY 2082/83.

Deposit Mobilization, Credit Expansion, and Asset Growth

The commercial lender maintained its position as one of Nepal’s largest financial institutions by expanding both deposit accumulation and loan disbursements over the previous year-end balance sheet.

• Total Deposit Mobilization: Reached NPR 540.80 billion, expanding by over NPR 14.0 billion compared to NPR 526.63 billion at the end of the previous fiscal year.
• Total Credit and Advances: Expanded to NPR 322.41 billion, up from NPR 321.34 billion at the end of the previous fiscal year.
• Total Assets: Reached NPR 629.07 billion, growing from NPR 613.34 billion recorded at the previous fiscal year-end.

Shareholder Indicators and Capital Position

Rebounding earnings significantly enhanced per-share profitability metrics while preserving strong reserve funds.

• Earnings Per Share (EPS): Climbed to NPR 13.85, up from NPR 0.53 in the baseline quarter.
• Paid-up Capital: Stood at NPR 34.13 billion.
• Reserve Fund: Maintained at NPR 39.59 billion.
• Retained Earnings: Stood at negative NPR 5.16 billion.

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