Muktinath Bikas Bank First Quarter: Net Profit Soars Over 43% with Exceptional Growth Across Key Financial Metrics

1st November 2026, Kathmandu

Muktinath Bikas Bank Limited has published exceptionally strong financial results for the first quarter of the fiscal year 2083/84.

Muktinath Bank First Quarter Report

Despite a challenging macroeconomic environment, the bank demonstrated robust growth in loan disbursements, net profit, net interest income, non-interest revenue, and total assets, significantly bolstering its market presence.

Key Financial Highlights and Achievements

Net Profit Surge

The bank achieved a net profit of NPR 322.42 million for the quarter, representing an impressive 43.44% increase compared to NPR 224.77 million recorded in the same period of the previous fiscal year.

Expansion in Credit & Advances

Loans and advances to customers expanded by NPR 4.96 billion (a 4.94% increase) to reach NPR 105.47 billion, underscoring strong business momentum and expanding market share.

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Diversified Revenue Streams

Net interest income rose to NPR 1.22 billion, while net fee and commission income recorded a substantial jump to NPR 199.40 million (up from NPR 127.08 million in the previous period). Total operating income reached NPR 1.45 billion.

Operating Profit Milestone

Driven by efficient cost controls and improved loan management, operating profit expanded dramatically to NPR 756.34 million from NPR 321.11 million in the corresponding period of the previous year.

Solid Balance Sheet & Deposit Base

Customer deposits grew to NPR 126.26 billion, while total assets expanded to NPR 142.21 billion, solidifying the institution’s robust financial base.

Enhanced Cost Efficiency

The bank’s cost of funds declined sharply from 4.66% to 3.55%, and the base rate dropped from 6.59% to 5.46%, enhancing its competitive edge in credit pricing

Superior Shareholder Returns

Return on Equity (ROE) improved significantly from 7.56% to 9.84%, while Return on Assets (ROA) increased from 0.67% to 0.90%.

For More: Muktinath Bank First Quarter Report