Decrease in EPS of Commercial Banks in Q3 of the Current Fiscal Year

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Decrease in EPS of Commercial Banks in Q3 of the Current Fiscal Year

Recently, 20 commercial banks in Nepal shared their financial reports for the third quarter of the current fiscal year. The data shows that 10 banks experienced a decline in their Earnings Per Share (EPS) compared to the same period last year.

Key Highlights

  1. 10 out of 20 banks saw a drop in EPS.
  2. NIC Asia Bank and Himalayan Bank recorded the largest declines in EPS.
  3. Everest Bank has the highest EPS among all commercial banks in Q3.
  4. NIC Asia Bank has the lowest EPS.

EPS Changes (Compared to Last Year)

Bank Name EPS Decline
NIC Asia Bank Decreased by ₹15.88
Himalayan Bank Decreased by ₹8.91
Standard Chartered Bank Decreased by ₹5.75
Kumari Bank Decreased by ₹3.90
Agriculture Development Decreased by ₹6.31
Prime Commercial Bank Decreased by ₹4.46
Citizens Bank Decreased by ₹2.67
Laxmi Sunrise Bank Decreased by ₹0.24
Siddhartha Bank Decreased by ₹0.21
Rastriya Commercial Bank Decreased by ₹0.08

Current EPS of Major Banks

Bank Name EPS (in ₹)
Everest Bank 35.61
Standard Chartered Bank 28.86
Nepal Bank 25.26
Nabil Bank 25.50
Rastriya Commercial Bank 20.17
Kumari Bank 1.45
Lowest: NIC Asia Bank 1.45

EPS of Commercial Banks in Q3

EPS of Commercial Banks in Q3

Important Notes

  • Everest Bank leads with the highest EPS (₹35.61), while NIC Asia Bank has the lowest (₹1.45).
  • Standard Chartered Bank recorded the highest Earnings Per Share (EPS) of ₹34.60 last year, which has declined to ₹28.86 this year.
  • Most banks faced reduced profits due to economic challenges or increased operational costs.