Agricultural Development Bank Reports Massive Q1 Profit Surge: Net Earnings Jump 1803.71% Driven by Operational Recovery

1st November 2026, Kathmandu

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

ADBL Reports Massive Profit Surge

The bank recorded a net profit of NPR 109.2 million during the review quarter. This represents a massive increase of 1,803.71 percent compared to NPR 5.7 million earned in the corresponding period of the previous fiscal year, signaling a strong operational recovery.

Profitability Performance and Revenue Streams

While the institution experienced a minor contraction in core net interest revenue, total operating income and operating profit saw significant positive turnarounds.

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• Net Profit: Reached NPR 109.2 million, soaring by 1803.71 percent year-on-year from NPR 5.7 million in Q1 FY 2082/83.
• Operating Profit: Turned positive to NPR 156.0 million, reversing from an operating loss of NPR 63.2 million in the baseline quarter.
• Total Operating Income: Rose by 8.86 percent to NPR 2.89 billion, up from NPR 2.65 billion in the prior year’s first quarter.
• Net Interest Income: Decreased by 3.72 percent to NPR 2.36 billion, compared to NPR 2.45 billion recorded in the baseline period.

Deposit Collection, Lending Expansion, and Balance Sheet Size

The government-backed commercial lender maintained a large customer base and substantial equity reserve.

• Total Deposit Mobilization: Accumulated to NPR 348.27 billion by the end of the first quarter.
• Total Credit and Advances: Expanded to NPR 250.42 billion.
• Paid-up Capital: Stood at NPR 19.73 billion.
• Reserve Fund: Maintained at NPR 18.17 billion.
• Distributable Profit: Stood at NPR 788.0 million, down from NPR 2.48 billion reported in the base period.

Financial Indicators and Asset Quality

Rebounding profitability significantly enhanced per-share earning metrics while non-performing loans remained virtually stable.

• Earnings Per Share (EPS): Climbed to NPR 3.05, up from NPR 0.17 in Q1 of the previous fiscal year.
• Net Worth Per Share: Recorded at NPR 232.58.
• Non-Performing Loan (NPL) Ratio: Maintained at 4.79 percent, compared to 4.78 percent in the baseline period.

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