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NICA vs SBI: NIC Asia Bank and Nepal SBI Bank compared

On 24 Sep 2026, NICA (NIC Asia Bank Ltd.) closed at Rs 316.30 and SBI (Nepal SBI Bank Limited) at Rs 404.20. Over the past year, Rs 100 in NICA became Rs 95 and in SBI Rs 106, adjusted for bonus shares.

NICA is the larger company by market value, Rs 4,718 crore against Rs 4,582 crore. Cash dividends declared in the last 12 months yield nothing on NICA and 1.24% on SBI at today’s price.

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

24 Sep 2026NICA Rs 100 → Rs 95 (close 316.30)SBI Rs 100 → Rs 106 (close 404.20)

9010011012024 Sep7 Apr24 SepNICA 95SBI 106

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.

NICA and SBI side by side. Nothing is marked better.
NICANIC Asia Bank Ltd.SBINepal SBI Bank Limited
SectorCommercial BanksCommercial Banks
Close, Rs316.30404.20
Today−0.22% down−0.69% down
Return, 1 month+2.59% up+0.05% up
Return, 1 year−5.30% down+6.42% up
52-week range302.90 to 411.00368.00 to 441.00
Market valueRs 4,718 crRs 4,582 cr
Cash dividend yieldnone in 12 months1.24%
Latest dividends2081/82: 0% cash, 0% bonus2081/82: 5% cash, 4% bonus
Traded, last 30 daysRs 63.14 crRs 105.87 cr

NICA and SBI dividends, year by year

Dividends declared by NICA and SBI by Nepali fiscal year, as a percentage of paid-up value
Fiscal yearNICASBI
2081/82none declared5% cash, 4% bonus
2080/81none declared6.85% cash, 3.8% bonus
2079/801.526% cash, 29% bonus6.8% cash, 3.75% bonus
2078/79none declared7.53% cash, 3% bonus
2077/780.789% cash, 15% bonus1.81% cash, 3.5% bonus

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.

NICA or SBI: questions

Which is bigger, NICA or SBI?
NICA is larger by market value: Rs 4,718 crore, against Rs 4,582 crore for SBI, 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, NICA or SBI?
Rs 100 in NICA became Rs 95 (−5.30%), and Rs 100 in SBI became Rs 106 (+6.42%), 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, NICA or SBI?
NICA last declared 0% cash and 0% bonus for 2081/82; SBI last declared 5% cash and 4% bonus for 2081/82. 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 NICA or SBI?
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.