नेपाल एसबीआई बैंकको चौथो त्रैमासिक अपरिष्कृत वित्तीय विवरणNepal SBI Bank Fourth Quarter Unaudited Financial Statement

Nepal SBI Bank Limited

Unaudited Interim Financial Statements

Condensed Consolidated Statement of Financial Position

As on Ashadh 32, 2083 (16.07.2026)

Particulars Group This Quarter ending Ashadh	32,	2083	32,	2082	32,	2083
Assets
Cash and cash equivalent	32,342,253,915	29,687,617,519	32,339,309,567
Due from Nepal Rastra Bank	9,078,074,287	8,666,097,331	9,078,074,287
Placement with Bank and Financial Institutions	19,568,531,512	17,364,567,766	19,466,031,512
Derivative financial instruments	-	-	-
Other trading assets	375,331,214	188,206,595	214,698,740
Loan and advances to B/FIs	5,627,103,186	6,612,393,707	5,627,103,186
Loans and advances to customers	146,077,737,619	134,963,770,657	146,077,737,619
Investment securities	29,658,178,557	30,038,217,116	29,658,178,557
Current tax assets	308,950,939	295,807,898	299,847,499
Investment in subsidiaries	-	-	188,888,889
Investment in associates	-	-	-
Investment property	1,357,216,427	931,344,784	1,357,216,427
Property and equipment	1,290,973,706	1,286,008,659	1,283,859,495
Goodwill and Intangible assets	42,254,346	37,466,228	42,240,637
Deferred tax assets	495,730,833	458,002,875	493,389,013
Other assets	2,272,737,117	2,298,788,803	2,230,947,527
Total Assets	248,495,073,659	232,828,289,938	248,357,522,955
Liabilities
Due to Bank and Financial Institutions	-	2,408,669,242	-
Due to Nepal Rastra Bank	-	-	-
Derivative financial instruments	79,996,812	20,865,632	79,996,812
Deposits from customers	212,817,766,935	199,447,493,073	212,826,428,570
Borrowing	-	-	-
Current tax liabilities	-	-	-
Provisions	-	-	-
Deferred tax liabilities	-	-	-
Other liabilities	4,570,466,305	4,384,819,402	4,536,184,839
Debt securities issued	8,842,024,274	5,845,264,573	8,842,024,274
Subordinated liabilities	-	-	-
Total liabilities	226,310,254,326	212,107,111,921	226,284,634,495
Equity
Share capital	11,335,124,391	10,899,158,068	11,335,124,391
Share premium	-	-	-
Retained earnings	1,342,193,107	1,333,707,150	1,251,639,295
Reserves	9,507,501,835	8,488,312,798	9,486,124,773
Total equity attributable to equity holders	22,184,819,332	20,721,178,016	22,072,888,459
Non-controlling interest	-	-	-
Total equity	22,184,819,332	20,721,178,016	22,072,888,459
Total liabilities and equity	248,495,073,659	232,828,289,938	248,357,522,955

Condensed Consolidated Statement of Profit or Loss and Comprehensive Income

For the Fourth quarter ended Ashadh 32, 2083 (16.07.2026)

Particulars Group Current Year This Quarter Group Current Year Up to This Quarter (YTD) Ashadh	32,	2083	32,	2082	32,	2083
Interest income	3,673,156,158	14,490,576,831	4,157,469,270	15,473,197,837	3,669,149,749	14,481,046,050
Interest expense	2,204,971,109	9,145,933,774	2,421,929,056	10,190,897,205	2,204,254,901	9,146,735,487
Net interest income	1,468,185,049	5,344,643,057	1,735,540,214	5,282,300,632	1,464,894,848	5,334,310,563
Fee and commission income	355,817,461	1,515,106,029	382,322,175	1,406,888,653	353,124,651	1,486,152,125
Fee and commission expense	77,206,524	185,544,661	51,871,117	155,489,911	77,086,060	183,383,544
Net fee and commission income	278,610,937	1,329,561,368	330,451,058	1,251,398,742	276,038,591	1,302,768,581
Net interest, fee and commission income	1,746,795,985	6,674,204,425	2,065,991,272	6,533,699,374	1,740,933,438	6,637,079,144
Net trading income	54,472,497	321,843,306	80,836,987	278,040,955	61,989,057	329,393,949
Other operating income	56,668,355	194,510,027	34,991,436	61,948,084	53,510,063	191,351,735
Total operating income	1,857,936,837	7,190,557,758	2,181,819,695	6,873,688,413	1,856,432,558	7,157,824,828
Impairment charge/(reversal) for loans and other losses	16,461,636	940,100,955	304,683,383	1,030,515,156	16,461,636	940,100,955
Net operating income	1,841,475,201	6,250,456,803	1,877,136,312	5,843,173,257	1,839,970,922	6,217,723,873
Operating expense
Personnel expenses	663,694,086	2,202,955,135	635,200,625	2,004,131,945	659,217,445	2,184,810,391
Other operating expenses	246,794,052	802,234,885	223,738,292	765,834,989	244,826,241	796,936,185
Depreciation & amortisation	106,333,637	323,161,073	54,314,272	285,453,077	105,145,929	319,835,855
Operating Profit	824,653,426	2,922,105,709	963,883,123	2,787,753,247	830,781,308	2,916,141,441
Non operating income	15,553,017	18,568,207	29,634,019	41,790,638	15,553,017	18,568,207
Non operating expense	43,183,907	43,293,907	65,545,597	65,545,597	43,183,907	43,293,907
Income tax expense
Current Tax	260,473,726	890,591,193	330,692,158	944,013,406	261,230,467	887,710,064
Deferred Tax Income (Expenses)	41,996,008	41,996,008	20,383,964	20,383,964	40,625,062	40,625,062
Profit/(loss) for the period	578,544,819	2,048,784,824	617,663,352	1,840,368,847	582,545,013	2,044,330,739
Earnings per share:
Basic earnings per share (Annualised)	-	18.07	-	16.24	-	18.04
Diluted earnings per share (Annualised)	-	18.07	-	16.24	-	18.04

Condensed Consolidated Statement of Comprehensive Income

Profit/(loss) for the period	578,544,819	2,048,784,824	617,663,352	1,840,368,847	582,545,013	2,044,330,739
Other Comprehensive Income/ (Expenses)	2,236,290	9,958,785	1,369,417	15,916,953	2,236,290	9,958,785
Total comprehensive Income	580,781,109	2,058,743,609	619,032,769	1,856,285,799	584,781,303	2,054,289,524
Profit attributable to:
Equity holders of the Bank	580,781,109	2,058,743,609	619,032,769	1,856,285,799	584,781,303	2,054,289,524
Non-controlling interest	-	-	-	-	-	-
Total	580,781,109	2,058,743,609	619,032,769	1,856,285,799	584,781,303	2,054,289,524
Ratios as per NRB Directives
Capital fund to RWA	-	-	-	-

Tier 1 Capital to RWA - - 9.37% - 9.76% - 9.37%

CET 1 Capital to RWA - - 9.37% - 9.76% - 9.37%

Non-performing loan (NPL) to total loan	-	-	-	-
Total Loan Loss Provision to Total NPL	-	-	-	-
Cost of Funds	-	-	-	-
Credit to Deposit Ratio ( As per NRB)	-	-	-	-
Average Base Rate (As per NRB)	-	-	-	-
Interest Rate Spread	-	-	-	-
Return on Equity (Annualized)	-	-	-	-
Return on Assets (Annualized)	-	-	-	-

Statement of Distributable Profit or Loss

For the Fourth Quarter ended Ashadh, 2083 (16.07.2026)

Net profit or (loss) as per statement of profit or loss 2,044,330,739

Appropriations:

a. General reserve 408,866,148

b. Foreign exchange fluctuation fund 16,345,411

c. Capital redemption reserve 431,531,750

d. Corporate social responsibility fund 2,080,623

e. Employees' training fund 1,710,347

f. Investment Adjustment Reserve -

g. Others -

Profit or (loss) before regulatory adjustment 1,183,796,461

Regulatory adjustment :

a. Interest receivable (-)/previous accrued interest received (+) (132,100,691)

b. Short loan loss provision in accounts (-)/reversal (+) -

c. Short provision for possible losses on investment (-)/reversal (+) -

d. Short loan loss provision on Non Banking Assets (-)/reversal (+) (211,956,317)

e. Deferred tax assets recognised (-)/ reversal (+) (40,625,062)

f. Goodwill recognised (-)/ impairment of Goodwill (+) -

g. Bargain purchase gain recognised (-)/reversal (+) -

h. Acturial loss recognised (-)/reversal (+) 1,016,940

i. Other (+/-) 1,380,913

Net Profit Till Fourth Quarter end available for distribution 801,512,244

Opening Retained Earning as on Shrawan 1 1,197,117,473

Adjustment (+/-) -

Distribution:

Bonus shares issued 202,032,518

Cash Dividend Paid 544,957,903

Total Distributable profit or (loss) as on Quarter end date 1,251,639,295

Annualised Distributable Profit/Loss per share 11.04

Disclosure for above financial statement prepared as per Nepal Financial Reporting Standards (NFRS)

1. The above figures may undergo change as per statutory audit and/ or as per direction of Nepal Rastra Bank.

2. The Bank's financial statements have been prepared based on Nepal Financial Reporting Standard.

3. The Bank has adopted NFRS 9 for ECL Model and presented in financial statement as per the Expected Credit Loss Related Guidelines, 2024 issu...

4. Recognition of interest income on Non-Performing loan and advances has been done as per Guidance Note on Interest Income Recognition, 2025

5. Group includes Nepal SBI Bank Ltd. (NSBL, Parent Company) and Nepal SBI Merchant Banking Ltd. (NSMBL, Subsidiary Company) where i... eliminated.

6. Figures have been regrouped/ rearranged wherever necessary for previous year corresponding quarter, however the financial position has been refl...

7. Employee bonus has been calculated as per provision of bonus act 2030 and included in personnel expenses.

8. Estimation of current quarter provision for gratuity and leave has been provided as per the bank's policy and as per the actuarial valuation.

9. The detailed interim financial results have also been published in bank's website: nsbl.statebank

916,641,320 2,721,494,523

329,153,886 930,745,685

20,211,338 20,211,338

607,698,772 1,810,960,177

- -

15.98

15.98

607,698,772 1,810,960,177

1,369,417 15,916,953

609,068,189 1,826,877,129

609,068,189 1,826,877,129

609,068,189 1,826,877,129

Previous Year

This Quarter Up to This Quarter (YTD) Ashadh 32, 2082

12.75%

9.76%

9.76%

3.35%

116.47%

5.18%

70.75%

6.29%

3.52%

9.05%

0.82%

Amount in NPR

Previous Year Corresponding Quarter YTD

1,810,960,177

362,192,035

4,774,446

431,531,750

1,539,496

3,352,278

6,064,828

1,001,505,343

91,898,695

(259,270,364)

(20,211,338)

8,339,349

(7,525,000)

814,736,685

1,101,641,220

719,260,431

1,197,117,473

10.98

2082/83 compared to Rs. 181.10 Crore in the same period last Fiscal Year 2081/82.

iii. Liquidity: Liquidity position of the bank is satisfactory.

b. Management Analysis for future business plan:

i. Bank has formulated a short term, medium term and long-term strategy covering to FY 2086/87 for 5 years. Bank had also formulated Annual Business Plan and Budget for FY 2082/83 and has formulated annual business plan for FY 2083/84. Accordingly, Bank's performance is being monitored and reviewed periodically.

ii. To tap the opportunities our Bank's network has spread over the country covering 54 districts with a total of 154 Outlets and 126 ATMs. The outlets include 103 Branches, 22 Extension Counters, 7 Provincial Offices, 21 Branchless Banking Outlets and Corporate Office. This wide presence helps us to provide better services to the customers and increases Bank's reach.

3. Legal Proceedings:

a. Lawsuits filed by/against the Bank: Nineteen lawsuits have been filed against the Bank, and four lawsuits have been filed by the Bank in respect of general matters during the quarter.

b. Lawsuits filed by the Bank against different defaulting borrowers/guarantors for recovery of its dues: Five lawsuits have been filed by the Bank against defaulting borrowers/guarantors for recovery of its dues during the quarter.

c. Lawsuits filed by/against the Promoter or director of the Bank involving violation of statutory regulations or criminal offences: No information has been received by the bank till date.

d. Case filed against any Promoter/Director for financial frauds: No information has been received by the bank till date.

4. Analysis of Stock Performance:

a. Management view on share transactions of the Organized Institution taken place at Securities Market. As the Nepal Stock Exchange is operating under the supervision of Securities Board of Nepal, management has no comment on the same.

b. Maximum, minimum, and closing share price of organized Institution including total transacted number of shares and transacted days during quarter:

High Share Price Rs. 420.00 Total no. of transactions 4,533

Low Share Price Rs. 373.00 Total Transacted no. of days 64

Close Share Price Rs. 392.90 Total Traded number of Shares 2,053,725

5. Problems and Challenges:

a. Problems and Challenges Faced:

i. External:

❖ Deceleration in economic activity alongside volatile and excess liquidity positions within the banking system.

❖ Limited avenue for long term Lending & Investment.

❖ Challenges to onboard and book quality assets.

❖ Challenges induced by global political tension, fuel price hikes and other global and its pressure on recovery.

ii. Internal:

❖ Maintaining/Improving Non-interest Income.

❖ Maintaining consistency in Return on Equity amidst increase in capital.

❖ Rationalization of cost of operation.

❖ Challenges for timely recovery of loans & advances.

❖ Retention of Skilled Manpower

b. Strategy followed by the management in solving such problems and challenges:

❖ Increased focus on Retail loan portfolio.

❖ Augmentation in liability products with focus on low-cost deposits.

❖ Introduction of Alternate Channels/technological platforms to reduce cost.

❖ Focus on improvement of non-interest income areas.

❖ Regular In-House training to staff to enhance work performance.

❖ Good industrial relations.

❖ Rationalization of expansion plans.

❖ Focus on regularization of stressed accounts.

6. Corporate Governance:

a. The Bank has been fully complying with the directives, guidelines issued by NRB regarding Corporate Governance.

b. Central Management Committee (CENMAC) and Good Governance Committee (GGC) reviews progress in various areas of operations and is conducted on regular basis.

c. Board of Directors and its Committees' meeting are conducted on a regular basis.

d. Assets and Liabilities Committee (ALCO) and Risk Management Committee (Operation risk, Credit risk and Market risk) meetings are conducted regularly.

7. Declaration of Chairman/Chief Executive on truthfulness and correctness:

I, as on date, personally take responsibility on the truthfulness of the information and description presented in this report. Further, I declare that as far as I know and understand, the descriptions in this report are true, fair, and complete and have not concealed any necessary particulars, notices and information to the investors to take informed decision.

Managing Director & CEO

(सूचनाको हक सम्बन्धी ऐन, २०६४ को दफा ५ को उपदफा (३) बमोजिमको आ.व. २०८२/८३ को चौथो त्रैमासिक (आषाढ २०८३) को विवरण बैंकको वेवसाइट nsbl.statebank मा प्रकाशन गरिएको व्यहोरा जानकारी गराउँदछौं ।)