Kumari Bank Posts NPR 1.07 Billion Net Profit in Q1: Distributable Profit Turns Positive Despite Rising NPLs

2nd November 2026, Kathmandu

Kumari Bank Limited has published its unverified financial report for the first quarter of the fiscal year 2083/84 (ending Mid-October 2026).

Kumari Bank Net Profit

The bank reported a net profit of NPR 1.07 billion during the review period, representing a modest 1.70 percent increase compared to NPR 1.05 billion recorded in the corresponding period of the previous fiscal year.

Profitability Performance and Revenue Dynamics

While net interest income experienced a contraction, lower impairment pressures and operational efficiency supported an uptick in overall operating profit.

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• Net Profit: Reached NPR 1.07 billion, growing by 1.70 percent year-on-year from NPR 1.05 billion in Q1 FY 2082/83.
• Operating Profit: Surged to NPR 1.89 billion, up from NPR 1.42 billion in the baseline quarter.
• Net Interest Income: Declined by 28.19 percent to NPR 2.09 billion, compared to NPR 2.91 billion in the baseline period.
• Total Operating Income: Dropped to NPR 3.67 billion, down from NPR 4.22 billion in the same period of the previous year.

Deposit Mobilization, Lending Expansion, and Reserve Recovery

The commercial lender maintained a large deposit base, while its distributable profit staged a notable turnaround into positive territory.

• Total Deposit Mobilization: Reached NPR 428.34 billion by the end of the first quarter.
• Total Credit and Advances: Expanded to NPR 293.09 billion.
• Paid-up Capital: Maintained at NPR 26.23 billion.
• Reserve Fund: Accumulated to NPR 18.82 billion.
• Retained Earnings: Reached NPR 147.1 million.
• Distributable Profit: Turned positive to NPR 147.1 million, reversing from a negative NPR 3.92 billion recorded in the baseline period.

Asset Quality Metrics and Key Financial Indicators

Rising non-performing loans present an ongoing asset recovery challenge, even as per-share metrics showed slight positive momentum.

• Non-Performing Loan (NPL) Ratio: Increased to 8.72 percent, up from 6.98 percent in Q1 of the previous fiscal year.
• Earnings Per Share (EPS): Climbed to NPR 16.39, up from NPR 16.11 in the baseline quarter.
• Net Worth Per Share: Recorded at NPR 172.31.

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