Compare stocks · Commercial Banks

HBL vs MBL: Himalayan Bank and Machhapuchhre Bank compared

On 24 Sep 2026, HBL (Himalayan Bank Limited) closed at Rs 195.50 and MBL (Machhapuchhre Bank Limited) at Rs 258.50. Over the past year, Rs 100 in HBL became Rs 98 and in MBL Rs 119, adjusted for bonus shares.

HBL is the larger company by market value, Rs 4,415 crore against Rs 3,218 crore. Cash dividends declared in the last 12 months yield nothing on HBL and 1.16% on MBL at today’s price.

Close · 24 Sep 2026NEPSE published data, may be delayed

24 Sep 2026HBL Rs 100 → Rs 98 (close 195.50)MBL Rs 100 → Rs 119 (close 258.50)

10011012024 Sep7 Apr24 SepHBL 98MBL 119

Rs 100 in each on the first session of the window, adjusted for bonus shares. Cash dividends are not added back. To the close of 24 Sep 2026.

HBL and MBL side by side. Nothing is marked better.
HBLHimalayan Bank LimitedMBLMachhapuchhre Bank Limited
SectorCommercial BanksCommercial Banks
Close, Rs195.50258.50
Today−0.76% down+0.19% up
Return, 1 month+2.89% up+6.54% up
Return, 1 year−1.61% down+19.40% up
52-week range183.00 to 237.00205.00 to 284.00
Market valueRs 4,415 crRs 3,218 cr
Cash dividend yieldnone in 12 months1.16%
Latest dividends2081/82: 0% cash, 0% bonus2082/83: 3% cash, 3% bonus
Traded, last 30 daysRs 44.44 crRs 97.45 cr

HBL and MBL dividends, year by year

Dividends declared by HBL and MBL by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearHBLMBL
2082/83none3% cash, 3% bonus
2081/82none declared4% cash, 4% bonus
2080/81none declarednone declared
2079/80none declared0.7% cash, 13.3% bonus
2078/7911.11% cash, 8% bonusnone declared

As a percentage of paid-up value, as declared. Every dividend by year.

P/E, earnings per share and book value are not in the web data. The Punji app compares those too.

HBL or MBL: questions

Which is bigger, HBL or MBL?
HBL is larger by market value: Rs 4,415 crore, against Rs 3,218 crore for MBL, at the close of 24 Sep 2026. Market value is the share price times the shares listed.
Which has risen more over the past year, HBL or MBL?
Rs 100 in HBL became Rs 98 (−1.61%), and Rs 100 in MBL became Rs 119 (+19.40%), adjusted for bonus shares and without cash dividends added back. How a share moved in the past does not say how it will move next.
Which pays a higher dividend, HBL or MBL?
HBL last declared 0% cash and 0% bonus for 2081/82; MBL last declared 3% cash and 3% bonus for 2082/83. Dividends are a percentage of the paid-up value, not of today’s price, so the cash dividend yield in the table above is the comparable figure.
Should I buy HBL or MBL?
Punji does not say. This page lines up the published figures for both and marks neither as better; what fits depends on what you hold, why and for how long.

Valuation and earnings are in the app

The Punji app compares P/E, earnings and book value as well, next to the companies you hold. Free on iOS and Android.