Miteri Development Bank Limited (MDB) Share Price & Fundamentals
Miteri Development Bank (MDB) share price is Rs. 570.00, up 0.53% on 2026-09-22. Open Rs. 579.00. High Rs. 579.00. Low Rs. 568.00. Volume 6,165.
Miteri Development Bank Limited is a NEPSE-listed company (MDB), Development Banks sector. Revenue: Rs. 35.09 Crore. Net profit: Rs. 14.12 Crore. Net worth: Rs. 172.07 Crore.
About Miteri Development Bank Limited
Miteri Development Bank Limited is a Class 'B' development bank licensed by Nepal Rastra Bank, which began operations in 2006 and listed on NEPSE in 2010. It is headquartered at Dharan-5, Sunsari, and operates as a regional development bank serving eastern Nepal. It is one of the smaller listed development banks, with a paid-up capital of NPR 1.22 billion, focusing on deposit mobilisation and lending to households, agriculture and small enterprises. It has no subsidiary and reports on a standalone basis.
Miteri Development Bank Limited (MDB) has 1,21,71,000 shares outstanding. It listed on NEPSE in 2010. Its most recent declared dividend was 10.00% on face value.
MDB key metrics
MDB strengths
What Miteri Development Bank Limited's own accounts show in its favour, graded against the rest of its sector.
- 20.7% of what the bank owns belongs to shareholders rather than depositors and lenders. (Capital Strength)
- Lends out 79.6% of deposits, comfortably within the 90% Nepal Rastra Bank allows. (Liquidity & Funding)
- 98.6% of its funding comes from customer deposits, which are cheap and stable. (Liquidity & Funding)
- Income from lending grew 50.3% on last year, so the core business is expanding. (Growth)
- Turns 40.2% of its income into profit once every cost is paid. (Profitability)
- Bad-loan charges come to 4.6% of income, so borrowers are paying back well. (Asset Quality)
- Owns 4.83x for every rupee shareholders put in, a modest multiple that limits risk. (Capital Strength)
- The loan book grew 42.4% on last year, so more money is being put to work. (Growth)
- 87.6% of income comes from lending, which is steady and predictable. (Margins & Income Quality)
- Keeps 57.5% of income as profit from everyday banking, before tax. (Profitability)
- Earns 1.6% a year on everything the bank owns, so its loans and investments are working well. (Profitability)
- Total income grew 13.1% on last year. (Growth)
- Loans are 62.3% of what the bank owns, a balanced mix alongside other assets. (Asset Quality)
MDB weaknesses
What the same accounts show against it. Both lists are computed from the filed figures, not opinion, and are not advice.
- Return on shareholders' money is 7.5%, below what owners would hope for. (Profitability)
- Makes only 2.5% from the gap between lending and deposit rates, so core earnings are squeezed. (Margins & Income Quality)
- Each share produced Rs 11.6 over the year. (Shareholder Returns)
- Deposits moved 1.2%, so its cheapest source of funding is not growing. (Growth)
- Each share is backed by only Rs 141.38 of net worth. (Shareholder Returns)
- Only 1.8% of income comes from outside interest, so a change in rates hits hard. (Margins & Income Quality)
- Profit moved 9% on last year, so earnings are not building up. (Growth)
- The bank's size moved 2.6% over the year. (Shareholder Returns)
- Only 10.6% of income comes from fees, so it leans heavily on lending. (Margins & Income Quality)
- Staff costs take 26.8% of income, a heavy load on earnings. (Efficiency)
MDB Q4 2082/83 results
In Q4 2082/83 Miteri Development Bank Limited reported profit of Rs. 4.5 crore and total operating income of Rs. 9.52 crore. Profit in Q3 2082/83 was Rs. 3.92 crore. Profit grew 14.75% on the previous quarter. Total operating income grew 11.20% on the previous quarter. Profit in Q4 2081/82, the same quarter a year earlier, was Rs. 3.79 crore. Profit grew 18.58% on the same quarter last year. Total operating income grew 11.84% on the same quarter last year.
MDB annual results 2082/83
For the financial year 2082/83 Miteri Development Bank Limited reported net profit of Rs. 14.12 crore, total operating income of Rs. 35.09 crore and net worth of Rs. 172.07 crore. Net profit in 2081/82 was Rs. 12.96 crore. Net profit grew 8.98% on the year. Total operating income grew 13.15% on the year.
MDB profit and loss for 2082/83
In the financial year 2082/83, Miteri Development Bank Limited reported net interest income of Rs. 30.74 crore, net fee and commission income of Rs. 3.72 crore, net trading income of Rs. 0 crore, other operating income of Rs. 0.63 crore, total operating income of Rs. 35.09 crore, impairment charge/(reversal) of Rs. 1.61 crore, net operating income of Rs. 33.49 crore, operating expenses of Rs. 13.31 crore, operating profit of Rs. 20.17 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 20.17 crore and profit for the year of Rs. 14.12 crore.
Reported under net interest income: interest income of Rs. 67.42 crore and interest expense of Rs. 36.67 crore. Reported under net fee and commission income: fee and commission income of Rs. 3.84 crore and fee and commission expense of Rs. 0.11 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 9.42 crore, other operating expenses of Rs. 2.6 crore and depreciation & amortisation of Rs. 1.29 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore.
MDB profit and loss for 2081/82
In the financial year 2081/82, Miteri Development Bank Limited reported net interest income of Rs. 20.46 crore, net fee and commission income of Rs. 3.32 crore, other operating income of Rs. 7.24 crore, total operating income of Rs. 31.02 crore, impairment charge/(reversal) of Rs. 0.22 crore, net operating income of Rs. 31.23 crore, operating expenses of Rs. 12.66 crore, operating profit of Rs. 18.57 crore, profit before income tax of Rs. 18.57 crore, income tax expense of Rs. 5.61 crore and profit for the year of Rs. 12.96 crore.
Reported under net interest income: interest income of Rs. 57.14 crore and interest expense of Rs. 36.68 crore. Reported under net fee and commission income: fee and commission income of Rs. 3.42 crore and fee and commission expense of Rs. 0.09 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 8.55 crore, other operating expenses of Rs. 3.16 crore and depreciation & amortisation of Rs. 0.95 crore. Reported under income tax expense: current tax of Rs. 5.4 crore and deferred tax of Rs. 0.21 crore.
MDB profit and loss for 2080/81
In the financial year 2080/81, Miteri Development Bank Limited reported net interest income of Rs. 25.97 crore, net fee and commission income of Rs. 1.51 crore, other operating income of Rs. 6.05 crore, total operating income of Rs. 33.52 crore, impairment charge/(reversal) of Rs. 1.79 crore, net operating income of Rs. 35.32 crore, operating expenses of Rs. 12.73 crore, operating profit of Rs. 22.58 crore, non-operating income/(expense) of Rs. 0.01 crore, profit before income tax of Rs. 22.57 crore, income tax expense of Rs. 8.08 crore and profit for the year of Rs. 14.5 crore.
Reported under net interest income: interest income of Rs. 81.69 crore and interest expense of Rs. 55.72 crore. Reported under net fee and commission income: fee and commission income of Rs. 1.63 crore and fee and commission expense of Rs. 0.12 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 8.71 crore, other operating expenses of Rs. 2.99 crore and depreciation & amortisation of Rs. 1.03 crore. Reported under non-operating income/(expense): non-operating expense of Rs. 0.01 crore. Reported under income tax expense: current tax of Rs. 8.33 crore and deferred tax of Rs. 0.25 crore.
MDB balance sheet for 2081/82
In the financial year 2081/82, Miteri Development Bank Limited reported total assets of Rs. 831.79 crore, total liabilities of Rs. 659.72 crore and total equity of Rs. 172.07 crore.
Reported under total assets: cash and cash equivalents of Rs. 23.04 crore, due from nepal rastra bank of Rs. 200.74 crore, loans and advances to banks and fis of Rs. 65.3 crore, loans and advances to customers of Rs. 517.81 crore, investment securities of Rs. 14.71 crore, current tax assets of Rs. 1.5 crore, investment property of Rs. 0.84 crore, property and equipment of Rs. 4.94 crore, goodwill and intangible assets of Rs. 0.01 crore, deferred tax assets of Rs. 1.14 crore and other assets of Rs. 1.76 crore. Reported under total liabilities: due to banks and fis of Rs. 3 crore, deposits from customers of Rs. 650.68 crore, current tax liabilities of Rs. 0 crore and other liabilities of Rs. 6.05 crore. Reported under total equity: share capital of Rs. 121.71 crore, retained earnings of Rs. 16.3 crore and reserves of Rs. 34.05 crore.
MDB balance sheet for 2080/81
In the financial year 2080/81, Miteri Development Bank Limited reported total assets of Rs. 810.78 crore, total liabilities of Rs. 651.48 crore and total equity of Rs. 159.3 crore.
Reported under total assets: cash and cash equivalents of Rs. 97.13 crore, due from nepal rastra bank of Rs. 26.3 crore, loans and advances to banks and fis of Rs. 23.91 crore, loans and advances to customers of Rs. 363.72 crore, investment securities of Rs. 287.13 crore, current tax assets of Rs. 0.45 crore, investment property of Rs. 2.24 crore, property and equipment of Rs. 4.35 crore, goodwill and intangible assets of Rs. 0.02 crore, deferred tax assets of Rs. 1.56 crore and other assets of Rs. 3.96 crore. Reported under total liabilities: due to banks and fis of Rs. 2.94 crore, deposits from customers of Rs. 642.71 crore, current tax liabilities of Rs. 0 crore and other liabilities of Rs. 5.83 crore. Reported under total equity: share capital of Rs. 111.14 crore, retained earnings of Rs. 15.57 crore and reserves of Rs. 32.58 crore.
MDB balance sheet for 2079/80
In the financial year 2079/80, Miteri Development Bank Limited reported total assets of Rs. 809.82 crore, total liabilities of Rs. 664.67 crore and total equity of Rs. 145.15 crore.
Reported under total assets: cash and cash equivalents of Rs. 41.29 crore, due from nepal rastra bank of Rs. 24.09 crore, loans and advances to banks and fis of Rs. 39.03 crore, loans and advances to customers of Rs. 421.6 crore, investment securities of Rs. 268.22 crore, current tax assets of Rs. 0 crore, investment property of Rs. 2.16 crore, property and equipment of Rs. 5.24 crore, goodwill and intangible assets of Rs. 0.03 crore, deferred tax assets of Rs. 1.39 crore and other assets of Rs. 6.78 crore. Reported under total liabilities: due to banks and fis of Rs. 5.38 crore, deposits from customers of Rs. 650.69 crore, current tax liabilities of Rs. 1.28 crore and other liabilities of Rs. 7.33 crore. Reported under total equity: share capital of Rs. 101.5 crore, retained earnings of Rs. 13.74 crore and reserves of Rs. 29.91 crore.
MDB cash flow for 2081/82
In the financial year 2081/82, Miteri Development Bank Limited reported net cash flow from operating activities (a) of Rs. 367.38 crore, net cash flow from investing activities (b) of Rs. 293.47 crore, net cash flow from financing activities (c) of Rs. 0.19 crore, net increase/(decrease) in cash and cash equivalents of Rs. 74.09 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 97.13 crore and cash and cash equivalents at ashadh end of Rs. 23.04 crore.
Reported under net cash flow from operating activities (a): interest received of Rs. 42.79 crore, fees and other income received of Rs. 3.42 crore, receipts from other operating activities of Rs. 0.17 crore, interest paid of Rs. 36.68 crore, commission and fees paid of Rs. 0.09 crore, cash payment to employees of Rs. 7.95 crore, other expense paid of Rs. 3.16 crore, operating cash flows before changes in operating assets and liabilities of Rs. 1.51 crore, due from nepal rastra bank of Rs. 174.44 crore, loan and advances to banks and financial institutions of Rs. 41.76 crore, loan and advances to customers of Rs. 153.53 crore, other assets of Rs. 1.59 crore, due to banks and financial institutions of Rs. 0.06 crore, deposit from customers of Rs. 7.96 crore, other liabilities of Rs. 0.35 crore, net cash flow from operating activities before tax paid of Rs. 361.98 crore and income taxes paid of Rs. 5.4 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 0 crore, receipts from sale of investment securities of Rs. 279.15 crore, purchase of property and equipment of Rs. 1.53 crore, receipt from sale of property and equipment of Rs. 0.01 crore, purchase of intangible assets of Rs. 0 crore, purchase of investment properties of Rs. 0 crore, receipt from sale of investment properties of Rs. 1.4 crore, interest received of Rs. 14.12 crore and dividend received of Rs. 0.33 crore. Reported under net cash flow from financing activities (c): receipt from issue of shares of Rs. 0 crore, dividends paid of Rs. 0.56 crore and other receipt/payment of Rs. 0.37 crore.
MDB cash flow for 2080/81
In the financial year 2080/81, Miteri Development Bank Limited reported net cash flow from operating activities (a) of Rs. 43.05 crore, net cash flow from investing activities (b) of Rs. 13.14 crore, net cash flow from financing activities (c) of Rs. 0.34 crore, net increase/(decrease) in cash and cash equivalents of Rs. 55.85 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 41.29 crore and cash and cash equivalents at ashadh end of Rs. 97.13 crore.
Reported under net cash flow from operating activities (a): interest received of Rs. 55.23 crore, fees and other income received of Rs. 1.63 crore, receipts from other operating activities of Rs. 0.19 crore, interest paid of Rs. 55.72 crore, commission and fees paid of Rs. 0.12 crore, cash payment to employees of Rs. 8.31 crore, other expense paid of Rs. 2.99 crore, operating cash flows before changes in operating assets and liabilities of Rs. 10.09 crore, due from nepal rastra bank of Rs. 2.21 crore, loan and advances to banks and financial institutions of Rs. 15.35 crore, loan and advances to customers of Rs. 59.38 crore, other assets of Rs. 2.49 crore, due to banks and financial institutions of Rs. 2.44 crore, deposit from customers of Rs. 7.98 crore, other liabilities of Rs. 3.13 crore, net cash flow from operating activities before tax paid of Rs. 51.37 crore and income taxes paid of Rs. 8.33 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 18.92 crore, receipts from sale of investment securities of Rs. 5.54 crore, purchase of property and equipment of Rs. 0.14 crore, receipt from sale of property and equipment of Rs. 0.01 crore, purchase of intangible assets of Rs. 0 crore, purchase of investment properties of Rs. 0.08 crore, receipt from sale of investment properties of Rs. 0 crore, interest received of Rs. 26.42 crore and dividend received of Rs. 0.31 crore. Reported under net cash flow from financing activities (c): receipt from issue of shares of Rs. 0 crore, dividends paid of Rs. 0.51 crore and other receipt/payment of Rs. 0.16 crore.
MDB cash flow for 2079/80
In the financial year 2079/80, Miteri Development Bank Limited reported net cash flow from operating activities (a) of Rs. 69.34 crore, net cash flow from investing activities (b) of Rs. 59.78 crore, net cash flow from financing activities (c) of Rs. 0.73 crore, net increase/(decrease) in cash and cash equivalents of Rs. 8.83 crore, cash and cash equivalents at shrawan 01 (beginning of the year) of Rs. 32.46 crore and cash and cash equivalents at ashadh end of Rs. 41.29 crore.
Reported under net cash flow from operating activities (a): interest received of Rs. 69.86 crore, fees and other income received of Rs. 1.59 crore, receipts from other operating activities of Rs. 0.14 crore, interest paid of Rs. 62.8 crore, commission and fees paid of Rs. 0.13 crore, cash payment to employees of Rs. 8.72 crore, other expense paid of Rs. 3.09 crore, operating cash flows before changes in operating assets and liabilities of Rs. 3.15 crore, due from nepal rastra bank of Rs. 14.39 crore, loan and advances to banks and financial institutions of Rs. 17.2 crore, loan and advances to customers of Rs. 60.95 crore, other assets of Rs. 8.62 crore, due to banks and financial institutions of Rs. 0.6 crore, deposit from customers of Rs. 44.23 crore, other liabilities of Rs. 1.62 crore, net cash flow from operating activities before tax paid of Rs. 76.84 crore and income taxes paid of Rs. 7.5 crore. Reported under net cash flow from investing activities (b): purchase of investment securities of Rs. 84.71 crore, receipts from sale of investment securities of Rs. 0 crore, purchase of property and equipment of Rs. 0.59 crore, receipt from sale of property and equipment of Rs. 0 crore, purchase of intangible assets of Rs. 0 crore, purchase of investment properties of Rs. 1.25 crore, receipt from sale of investment properties of Rs. 0 crore, interest received of Rs. 26.54 crore and dividend received of Rs. 0.24 crore. Reported under net cash flow from financing activities (c): receipt from issue of shares of Rs. 0 crore, dividends paid of Rs. 0.59 crore and other receipt/payment of Rs. 0.14 crore.
MDB quarterly for Q4 2082/83
In the quarter Q4 2082/83, Miteri Development Bank Limited reported net interest income of Rs. 8.59 crore, net fee and commission income of Rs. 0.9 crore, net trading income of Rs. 0 crore, other operating income of Rs. 0.03 crore, total operating income of Rs. 9.52 crore, impairment charge/(reversal) of Rs. 0.65 crore, net operating income of Rs. 10.16 crore, operating expenses of Rs. 3.74 crore, operating profit of Rs. 6.43 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 6.43 crore, income tax expense of Rs. 1.93 crore and profit for the year of Rs. 4.5 crore.
Reported under net interest income: interest income of Rs. 18.04 crore and interest expense of Rs. 9.46 crore. Reported under net fee and commission income: fee and commission income of Rs. 0.92 crore and fee and commission expense of Rs. 0.02 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 2.45 crore, other operating expenses of Rs. 0.48 crore and depreciation & amortisation of Rs. 0.8 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore. Reported under income tax expense: current tax of Rs. 1.93 crore and deferred tax of Rs. 0 crore.
MDB quarterly for Q3 2082/83
In the quarter Q3 2082/83, Miteri Development Bank Limited reported net interest income of Rs. 7.7 crore, net fee and commission income of Rs. 0.82 crore, net trading income of Rs. 0 crore, other operating income of Rs. 0.04 crore, total operating income of Rs. 8.56 crore, impairment charge/(reversal) of Rs. 0.04 crore, net operating income of Rs. 8.6 crore, operating expenses of Rs. 3 crore, operating profit of Rs. 5.6 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 5.6 crore and profit for the year of Rs. 3.92 crore.
Reported under net interest income: interest income of Rs. 16.94 crore and interest expense of Rs. 9.24 crore. Reported under net fee and commission income: fee and commission income of Rs. 0.83 crore and fee and commission expense of Rs. 0.01 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 2.15 crore, other operating expenses of Rs. 0.65 crore and depreciation & amortisation of Rs. 0.19 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore.
MDB quarterly for Q2 2082/83
In the quarter Q2 2082/83, Miteri Development Bank Limited reported net interest income of Rs. 7.16 crore, net fee and commission income of Rs. 1.1 crore, net trading income of Rs. 0 crore, other operating income of Rs. 0.15 crore, total operating income of Rs. 8.41 crore, impairment charge/(reversal) of Rs. 0.68 crore, net operating income of Rs. 7.72 crore, operating expenses of Rs. 3.18 crore, operating profit of Rs. 4.54 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 4.54 crore and profit for the year of Rs. 3.18 crore.
Reported under net interest income: interest income of Rs. 16.21 crore and interest expense of Rs. 9.05 crore. Reported under net fee and commission income: fee and commission income of Rs. 1.13 crore and fee and commission expense of Rs. 0.03 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 2.25 crore, other operating expenses of Rs. 0.77 crore and depreciation & amortisation of Rs. 0.16 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore.
MDB quarterly for Q1 2082/83
In the quarter Q1 2082/83, Miteri Development Bank Limited reported net interest income of Rs. 7.3 crore, net fee and commission income of Rs. 0.91 crore, net trading income of Rs. 0 crore, other operating income of Rs. 0.41 crore, total operating income of Rs. 8.61 crore, impairment charge/(reversal) of Rs. 1.61 crore, net operating income of Rs. 7 crore, operating expenses of Rs. 3.4 crore, operating profit of Rs. 3.6 crore, non-operating income/(expense) of Rs. 0 crore, profit before income tax of Rs. 3.6 crore and profit for the year of Rs. 2.52 crore.
Reported under net interest income: interest income of Rs. 16.23 crore and interest expense of Rs. 8.93 crore. Reported under net fee and commission income: fee and commission income of Rs. 0.97 crore and fee and commission expense of Rs. 0.06 crore. Reported under operating expenses: operating expense - personnel expenses of Rs. 2.56 crore, other operating expenses of Rs. 0.7 crore and depreciation & amortisation of Rs. 0.14 crore. Reported under non-operating income/(expense): non-operating income of Rs. 0 crore and non-operating expense of Rs. 0 crore.
MDB Profit & Loss
Values in Rs. Crore unless stated otherwise.
| Particulars | 2082/83 | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 |
|---|
| Net Interest Income | 30.7 | 20.5 | 26.0 | 35.0 | 30.9 | 26.9 |
|---|
| Interest Income | 67.4 | 57.1 | 81.7 | 97.8 | 75.9 | 61.3 |
|---|
| Interest Expense | -36.7 | -36.7 | -55.7 | -62.8 | -45.0 | -34.4 |
|---|
| Net Fee and Commission Income | 3.7 | 3.3 | 1.5 | 1.5 | 2.6 | 3.5 |
|---|
| Fee and Commission Income | 3.8 | 3.4 | 1.6 | 1.6 | 2.6 | 3.6 |
|---|
| Fee and Commission Expense | -0.11 | -0.09 | -0.12 | -0.13 | -0.09 | -0.09 |
|---|
| Net Trading Income | 0.00 | Not reported | Not reported | Not reported | Not reported | Not reported |
|---|
| Other Operating Income | 0.63 | 7.2 | 6.0 | 0.37 | 0.92 | 6.6 |
|---|
| Total Operating Income | 35.1 | 31.0 | 33.5 | 36.9 | 34.4 | 37.0 |
|---|
| Impairment Charge/(Reversal) | -1.6 | 0.22 | 1.8 | -0.05 | -0.97 | -4.0 |
|---|
| Net Operating Income | 33.5 | 31.2 | 35.3 | 36.8 | 33.4 | 33.0 |
|---|
| Operating Expenses | -13.3 | -12.7 | -12.7 | -13.5 | -12.2 | -12.1 |
|---|
| Operating Expense - Personnel Expenses | -9.4 | -8.5 | -8.7 | -9.2 | -8.0 | -8.1 |
|---|
| Other Operating Expenses | -2.6 | -3.2 | -3.0 | -3.1 | -2.9 | -3.1 |
|---|
| Depreciation & Amortisation | -1.3 | -0.95 | -1.0 | -1.2 | -1.3 | -0.95 |
|---|
| Operating Profit | 20.2 | 18.6 | 22.6 | 23.3 | 21.3 | 20.8 |
|---|
| Non-Operating Income/(Expense) | 0.00 | Not reported | -0.01 | 0.00 | 0.00 | 0.00 |
|---|
| Non-Operating Income | 0.00 | Not reported | Not reported | Not reported | Not reported | Not reported |
|---|
| Non-Operating Expense | 0.00 | Not reported | -0.01 | 0.00 | 0.00 | 0.00 |
|---|
| Profit Before Income Tax | 20.2 | 18.6 | 22.6 | 23.3 | 21.3 | 20.8 |
|---|
| Income Tax Expense | Not reported | -5.6 | -8.1 | -7.2 | -6.5 | -6.3 |
|---|
| Current Tax | -6.1 | -5.4 | -8.3 | -7.5 | -6.6 | -6.4 |
|---|
| Deferred Tax | Not reported | -0.21 | 0.25 | 0.25 | 0.12 | 0.10 |
|---|
| Profit for the Year | 14.1 | 13.0 | 14.5 | 16.1 | 14.8 | 14.6 |
|---|
MDB Balance Sheet
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 | 2076/77 |
|---|
| Total Assets | 832 | 811 | 810 | 752 | 671 | 658 |
|---|
| Cash and Cash Equivalents | 23.0 | 97.1 | 41.3 | 32.5 | 53.3 | 202 |
|---|
| Due from Nepal Rastra Bank | 201 | 26.3 | 24.1 | 9.7 | 13.4 | 15.5 |
|---|
| Loans and Advances to Banks and FIs | 65.3 | 23.9 | 39.0 | 22.1 | 46.0 | 1.8 |
|---|
| Loans and Advances to Customers | 518 | 364 | 422 | 482 | 449 | 402 |
|---|
| Investment Securities | 14.7 | 287 | 268 | 184 | 82.5 | 30.2 |
|---|
| Current Tax Assets | 1.5 | 0.45 | 0.00 | 0.04 | 0.41 | 0.42 |
|---|
| Investment Property | 0.84 | 2.2 | 2.2 | 0.91 | 0.00 | 0.00 |
|---|
| Property and Equipment | 4.9 | 4.4 | 5.2 | 5.8 | 3.7 | 3.7 |
|---|
| Goodwill and Intangible Assets | 0.01 | 0.02 | 0.03 | 0.04 | 0.04 | 0.08 |
|---|
| Deferred Tax Assets | 1.1 | 1.6 | 1.4 | 1.1 | 0.69 | 0.85 |
|---|
| Other Assets | 1.8 | 4.0 | 6.8 | 14.0 | 21.5 | 1.4 |
|---|
| Total Liabilities | 660 | 651 | 665 | 622 | 554 | 557 |
|---|
| Due to Banks and FIs | 3.0 | 2.9 | 5.4 | 6.0 | 4.5 | 7.8 |
|---|
| Deposits from Customers | 651 | 643 | 651 | 606 | 545 | 535 |
|---|
| Current Tax Liabilities | 0.00 | 0.00 | 1.3 | 0.00 | 0.00 | 0.00 |
|---|
| Other Liabilities | 6.1 | 5.8 | 7.3 | 9.8 | 5.2 | 13.6 |
|---|
| Total Equity | 172 | 159 | 145 | 130 | 116 | 101 |
|---|
| Share Capital | 122 | 111 | 102 | 90.3 | 79.7 | 69.3 |
|---|
| Retained Earnings | 16.3 | 15.6 | 13.7 | 14.0 | 14.8 | 14.0 |
|---|
| Reserves | 34.1 | 32.6 | 29.9 | 25.4 | 21.6 | 18.1 |
|---|
MDB Cash Flow
Values in Rs. Crore unless stated otherwise.
| Particulars | 2081/82 | 2080/81 | 2079/80 | 2078/79 | 2077/78 | 2076/77 |
|---|
| Net Cash Flow from Operating Activities (A) | -367 | 43.0 | 69.3 | 74.3 | -104 | 71.4 |
|---|
| Interest Received | 42.8 | 55.2 | 69.9 | 64.7 | 58.3 | 63.9 |
|---|
| Fees and Other Income Received | 3.4 | 1.6 | 1.6 | 2.6 | 3.6 | 4.8 |
|---|
| Receipts from Other Operating Activities | 0.17 | 0.19 | 0.14 | 0.12 | 0.14 | 0.09 |
|---|
| Interest Paid | -36.7 | -55.7 | -62.8 | -45.0 | -34.4 | -44.5 |
|---|
| Commission and Fees Paid | -0.09 | -0.12 | -0.13 | -0.09 | -0.09 | -0.17 |
|---|
| Cash Payment to Employees | -7.9 | -8.3 | -8.7 | -7.6 | -7.4 | -8.0 |
|---|
| Other Expense Paid | -3.2 | -3.0 | -3.1 | -2.9 | -3.1 | -3.2 |
|---|
| Operating Cash Flows Before Changes in Operating Assets and Liabilities | -1.5 | -10.1 | -3.1 | 11.8 | 17.0 | 12.9 |
|---|
| Due from Nepal Rastra Bank | -174 | -2.2 | -14.4 | 3.8 | 2.1 | -1.3 |
|---|
| Loan and Advances to Banks and Financial Institutions | -41.8 | 15.3 | -17.2 | 24.2 | -44.8 | 0.19 |
|---|
| Loan and Advances to Customers | -154 | 59.4 | 60.9 | -34.9 | -50.7 | 1.1 |
|---|
| Other Assets | 1.6 | 2.5 | 8.6 | 8.4 | -19.2 | 1.9 |
|---|
| Due to Banks and Financial Institutions | 0.06 | -2.4 | -0.60 | 1.5 | -3.3 | -3.4 |
|---|
| Deposit from Customers | 8.0 | -8.0 | 44.2 | 61.8 | 9.5 | 63.4 |
|---|
| Other Liabilities | -0.35 | -3.1 | -1.6 | 4.4 | -8.7 | 4.4 |
|---|
| Net Cash Flow from Operating Activities Before Tax Paid | -362 | 51.4 | 76.8 | 80.9 | -97.9 | 79.2 |
|---|
| Income Taxes Paid | -5.4 | -8.3 | -7.5 | -6.6 | -6.4 | -7.8 |
|---|
| Net Cash Flow from Investing Activities (B) | 293 | 13.1 | -59.8 | -94.0 | -44.6 | 54.3 |
|---|
| Purchase of Investment Securities | 0.00 | -18.9 | -84.7 | -101 | -52.3 | 43.4 |
|---|
| Receipts from Sale of Investment Securities | 279 | 5.5 | 0.00 | 0.00 | 6.3 | 7.7 |
|---|
| Purchase of Property and Equipment | -1.5 | -0.14 | -0.59 | -3.3 | -0.92 | -0.89 |
|---|
| Receipt from Sale of Property and Equipment | 0.01 | 0.01 | -0.00 | 0.13 | 0.01 | 0.00 |
|---|
| Purchase of Intangible Assets | 0.00 | 0.00 | -0.00 | -0.03 | 0.00 | -0.02 |
|---|
| Purchase of Investment Properties | 0.00 | -0.08 | -1.3 | -0.91 | 0.00 | 0.00 |
|---|
| Receipt from Sale of Investment Properties | 1.4 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Interest Received | 14.1 | 26.4 | 26.5 | 10.5 | 2.3 | 4.1 |
|---|
| Dividend Received | 0.33 | 0.31 | 0.24 | 0.67 | 0.09 | 0.04 |
|---|
| Net Cash Flow from Financing Activities (C) | -0.19 | -0.34 | -0.73 | -1.1 | 0.06 | -0.63 |
|---|
| Receipt from Issue of Shares | 0.00 | 0.00 | 0.00 | 0.00 | 10.4 | 10.8 |
|---|
| Dividends Paid | -0.56 | -0.51 | -0.59 | -0.56 | -0.55 | -0.57 |
|---|
| Other Receipt/Payment | 0.37 | 0.16 | -0.14 | -0.57 | -9.8 | -10.9 |
|---|
| Net Increase/(Decrease) in Cash and Cash Equivalents | -74.1 | 55.8 | 8.8 | -20.8 | -149 | 125 |
|---|
| Cash and Cash Equivalents at Shrawan 01 (Beginning of the Year) | 97.1 | 41.3 | 32.5 | 53.3 | 202 | 77.0 |
|---|
| Cash and Cash Equivalents at Ashadh End | 23.0 | 97.1 | 41.3 | 32.5 | 53.3 | 202 |
|---|
MDB Quarterly Results
Values in Rs. Crore unless stated otherwise.
| Particulars | Q4 2082/83 | Q3 2082/83 | Q2 2082/83 | Q1 2082/83 | Q4 2081/82 | Q3 2081/82 | Q2 2081/82 | Q1 2081/82 | Q4 2080/81 | Q3 2080/81 | Q2 2080/81 |
|---|
| Net Interest Income | 8.6 | 7.7 | 7.2 | 7.3 | 7.2 | 4.7 | 4.5 | 4.1 | 6.6 | 6.0 | 6.0 |
|---|
| Interest Income | 18.0 | 16.9 | 16.2 | 16.2 | 15.4 | 13.2 | 13.6 | 14.9 | 19.0 | 18.9 | 20.5 |
|---|
| Interest Expense | -9.5 | -9.2 | -9.0 | -8.9 | -8.2 | -8.5 | -9.2 | -10.8 | -12.4 | -12.9 | -14.4 |
|---|
| Net Fee and Commission Income | 0.90 | 0.82 | 1.1 | 0.91 | 1.2 | 1.4 | 0.36 | 0.31 | 0.51 | 0.38 | 0.29 |
|---|
| Fee and Commission Income | 0.92 | 0.83 | 1.1 | 0.97 | 1.2 | 1.4 | 0.38 | 0.38 | 0.55 | 0.38 | 0.29 |
|---|
| Fee and Commission Expense | -0.02 | -0.01 | -0.03 | -0.06 | -0.00 | 0.00 | -0.02 | -0.07 | -0.04 | -0.00 | -0.00 |
|---|
| Net Trading Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Other Operating Income | 0.03 | 0.04 | 0.15 | 0.41 | 0.11 | 6.7 | 0.11 | 0.31 | 7.5 | 0.07 | 0.17 |
|---|
| Total Operating Income | 9.5 | 8.6 | 8.4 | 8.6 | 8.5 | 12.8 | 4.9 | 4.7 | 14.6 | 6.5 | 6.5 |
|---|
| Impairment Charge/(Reversal) | 0.65 | 0.04 | -0.68 | -1.6 | 0.49 | 0.37 | 0.38 | -0.96 | 4.5 | -1.1 | 0.78 |
|---|
| Net Operating Income | 10.2 | 8.6 | 7.7 | 7.0 | 9.0 | 13.1 | 5.3 | 3.8 | 19.1 | 5.4 | 7.3 |
|---|
| Operating Expenses | -3.7 | -3.0 | -3.2 | -3.4 | -3.6 | -3.6 | -2.7 | -2.7 | -4.2 | -2.7 | -2.8 |
|---|
| Operating Expense - Personnel Expenses | -2.4 | -2.2 | -2.3 | -2.6 | -2.3 | -2.6 | -1.8 | -1.8 | -3.1 | -1.7 | -1.8 |
|---|
| Other Operating Expenses | -0.48 | -0.65 | -0.77 | -0.70 | -0.50 | -0.91 | -0.75 | -0.78 | -0.56 | -0.81 | -0.83 |
|---|
| Depreciation & Amortisation | -0.80 | -0.19 | -0.16 | -0.14 | -0.74 | -0.12 | -0.13 | -0.12 | -0.60 | -0.15 | -0.15 |
|---|
| Operating Profit | 6.4 | 5.6 | 4.5 | 3.6 | 5.4 | 9.5 | 2.6 | 1.1 | 14.8 | 2.8 | 4.5 |
|---|
| Non-Operating Income/(Expense) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Non-Operating Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Non-Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
|---|
| Profit Before Income Tax | 6.4 | 5.6 | 4.5 | 3.6 | 5.4 | 9.5 | 2.6 | 1.1 | 14.8 | 2.8 | 4.5 |
|---|
| Income Tax Expense | -1.9 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
|---|
| Current Tax | -1.9 | -1.7 | -1.4 | -1.1 | -1.6 | -2.9 | -0.79 | -0.32 | -5.7 | -0.83 | -1.3 |
|---|
| Deferred Tax | 0.00 | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported | Not reported |
|---|
| Profit for the Year | 4.5 | 3.9 | 3.2 | 2.5 | 3.8 | 6.7 | 1.9 | 0.74 | 9.1 | 1.9 | 3.1 |
|---|
Miteri Development Bank share price history
Over the last 15 trading sessions MDB closed between Rs. 550.00 and Rs. 572.90, finishing at Rs. 570.00 on 2026-09-22 against Rs. 562.00 on 2026-08-26.
| Date | Open | High | Low | Close | Volume |
|---|
| 2026-09-22 | 579.00 | 579.00 | 568.00 | 570.00 | 6,165 |
|---|
| 2026-09-18 | 564.00 | 573.90 | 563.00 | 567.00 | 4,544 |
|---|
| 2026-09-17 | 580.00 | 580.00 | 568.20 | 568.50 | 6,793 |
|---|
| 2026-09-16 | 582.50 | 582.50 | 566.30 | 570.00 | 2,234 |
|---|
| 2026-09-15 | 575.00 | 592.00 | 566.00 | 572.90 | 15,397 |
|---|
| 2026-09-14 | 551.00 | 566.90 | 551.00 | 565.00 | 7,477 |
|---|
| 2026-09-11 | 551.10 | 559.00 | 548.00 | 551.00 | 3,636 |
|---|
| 2026-09-10 | 550.00 | 558.00 | 550.00 | 550.00 | 5,149 |
|---|
| 2026-09-09 | 556.00 | 567.50 | 550.10 | 556.00 | 10,722 |
|---|
| 2026-09-07 | 550.80 | 562.00 | 550.80 | 559.70 | 10,109 |
|---|
| 2026-09-03 | 554.30 | 559.90 | 553.00 | 553.00 | 7,670 |
|---|
| 2026-09-02 | 550.00 | 557.00 | 550.00 | 553.50 | 6,148 |
|---|
| 2026-09-01 | 562.00 | 562.00 | 550.00 | 555.00 | 8,324 |
|---|
| 2026-08-31 | 551.00 | 559.00 | 550.00 | 554.00 | 8,615 |
|---|
| 2026-08-26 | 577.50 | 577.50 | 557.00 | 562.00 | 5,591 |
|---|
MDB share price by year
2026, between Rs. 548.00 and Rs. 705.80, 2025, between Rs. 530.50 and Rs. 764.00, 2024, between Rs. 342.44 and Rs. 770.26, 2023, between Rs. 292.13 and Rs. 384.54, 2022, between Rs. 228.62 and Rs. 457.99 and 2021, between Rs. 209.65 and Rs. 572.07.
| Year | Low (Rs.) | High (Rs.) | Sessions |
|---|
| 2026 | 548.00 | 705.80 | 168 |
|---|
| 2025 | 530.50 | 764.00 | 225 |
|---|
| 2024 | 342.44 | 770.26 | 232 |
|---|
| 2023 | 292.13 | 384.54 | 227 |
|---|
| 2022 | 228.62 | 457.99 | 242 |
|---|
| 2021 | 209.65 | 572.07 | 239 |
|---|
| 2020 | 117.76 | 250.09 | 181 |
|---|
| 2019 | 105.26 | 136.02 | 232 |
|---|
| 2018 | 102.70 | 151.18 | 218 |
|---|
| 2017 | 131.05 | 204.34 | 222 |
|---|
| 2016 | 90.53 | 229.05 | 226 |
|---|
| 2015 | 53.99 | 90.53 | 180 |
|---|
Miteri Development Bank share price returns
At Rs. 570.00 on 2026-09-22, MDB is down 0.51% over 1 week, up 0.53% over 1 month, down 3.39% over 3 months, down 12.31% over 6 months, down 5.60% over 1 year and up 25.37% over 5 years. Each return compares that close with the last close on or before the same date in the earlier period.
| Period | Return | From price (Rs.) | From date |
|---|
| 1 week | -0.51% | 572.90 | 2026-09-15 |
|---|
| 1 month | +0.53% | 567.00 | 2026-08-21 |
|---|
| 3 months | -3.39% | 590.00 | 2026-06-24 |
|---|
| 6 months | -12.31% | 650.00 | 2026-03-26 |
|---|
| 1 year | -5.60% | 603.82 | 2025-09-21 |
|---|
| 5 years | +25.37% | 454.67 | 2021-09-23 |
|---|
MDB floorsheet for 2026-09-22
MDB traded 43 times on 2026-09-22, moving 5,915 shares for Rs. 0.34 crore of turnover. Trades went through between Rs. 568.00 and Rs. 579.00.
Largest buyers by volume: broker 34, Vision Securities Pvt.Limited on 1,150 shares across 3 trades, broker 45, Imperial Securities Co. Limited on 520 shares across 4 trades, broker 52, Sundhara Securities Limited on 500 shares across 1 trades, broker 7, J.F. Securities Company Pvt. Limited on 500 shares across 1 trades, broker 4, Stock Broker Opal Securities Investment Pvt. Limited on 413 shares across 6 trades, broker 63, Himalayan Brokerage Company Limited on 397 shares across 2 trades, broker 58, Naasa Securities Co. Ltd. on 365 shares across 4 trades, broker 42, Sani Securities Company Limited on 265 shares across 3 trades, broker 51, Oxford Securities Pvt.Ltd on 230 shares across 1 trades and broker 57, Arya Tara Investment And Securities Pvt. Ltd. on 200 shares across 1 trades.
Largest sellers by volume: broker 60, Nagarik Stock Dealer Company Ltd. on 3,670 shares across 18 trades, broker 45, Imperial Securities Co. Limited on 501 shares across 3 trades, broker 29, Trishul Securities And Investment Limited on 450 shares across 7 trades, broker 40, Creative Securities Pvt.Limited on 439 shares across 4 trades, broker 71, Shubhakamana Securities Pvt. Ltd on 300 shares across 1 trades, broker 56, Sri Hari Securities Pvt.Ltd on 250 shares across 3 trades, broker 5, Market Securities Exchange Company Pvt. Limited on 138 shares across 1 trades, broker 43, South Asian Bulls Pvt.Limited on 100 shares across 1 trades, broker 44, Dynamic Money Managers Securities Pvt.Ltd on 30 shares across 2 trades and broker 35, Kohinoor Investment and Securities Pvt.Ltd on 22 shares across 2 trades.
MDB dividend history: bonus shares and cash dividend
Miteri Development Bank Limited most recently declared a 10% cash dividend for 2081/2082, announced on 2025-11-05. Percentages are of paid up value. Declared, not necessarily paid: a dividend is subject to the annual general meeting approving it.
| Financial year | Bonus share | Cash dividend | Announced |
|---|
| 2081/2082 | | 10% | 2025-11-05 |
| 2080/2081 | 9.5079% | | 2024-12-19 |
| 2079/2080 | 9.5% | | 2023-12-31 |
| 2078/2079 | 12.35% | | 2022-12-20 |
| 2077/2078 | 13.3% | | 2021-12-22 |
For 2081/2082 Miteri Development Bank Limited declared a 10% cash dividend, announced on 2025-11-05.
For 2080/2081 Miteri Development Bank Limited declared a 9.5079% bonus share issue, announced on 2024-12-19.
For 2079/2080 Miteri Development Bank Limited declared a 9.5% bonus share issue, announced on 2023-12-31.
For 2078/2079 Miteri Development Bank Limited declared a 12.35% bonus share issue, announced on 2022-12-20.
For 2077/2078 Miteri Development Bank Limited declared a 13.3% bonus share issue, announced on 2021-12-22.
MDB general meetings
Annual and special general meetings Miteri Development Bank Limited has called. A dividend is declared by the board and approved at the AGM.
- 20th AGM for 2081/2082: on 2025-11-22, at Sunsari Udhyog Banijya Sangh, Dharan-01, Sunsari (11:00 AM)
- 19th AGM for 2080/2081: on 2025-01-11, at Sunsari Udhyog Banijya Sangh, Dharan-01, Sunsari (11:00 AM)
- 18th AGM for 2079/2080: on 2023-12-30, at Sunsari Udhyog Banijya Sangh, Dharan-01, Sunsari (11:00 AM)
6 years of annual statements and 11 quarters of results for MDB, with charts and peer comparison, are free on NepView.
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