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BRAC Bank PLC has reported its highest-ever quarterly profit for the July-September period this year, registering a 50 per cent year-on-year increase.
The third-generation commercial bank posted a consolidated profit of Tk 6.30 billion, up from Tk 4.20 billion in the same quarter the previous year.
The significant surge in profit was largely driven by substantial investment income and higher interest earnings.
The private lender's consolidated earnings per share (EPS) stood at Tk 2.53 in the September quarter, up from Tk 1.75 in the same quarter a year before, according to a price sensitive information published on Thursday.
The board of directors of the bank approved the quarterly financial statements at a meeting held on Thursday.
In addition to the quarterly performance, BRAC Bank reported a consolidated profit of Tk 15.36 billion for the first nine months of 2025 (January-September), reflecting a remarkable 52 per cent growth from Tk 10.11 billion in the same period last year.
The bank has already surpassed its 2024 full-year profit of Tk 12.3 billion, just nine months into the current year, driven by strong returns from its investments in government securities and increased interest income.
The bank achieved this milestone primarily due to higher interest income and substantial return from the investment in the government securities, said the bank in its earnings note.
The lender that wisely made substantial investments in Treasury bills and bonds reaped handsome returns from the investments alongside higher interest income amid the high interest rates regime.
The lender's impressive profit growth was also supported by small and medium enterprises (SME) services and higher income from the bank's subsidiary bKash.
BRAC Bank has always been able to keep operating costs down and mobilise funds at relatively lower costs due to its excellent market reputation, which enabled the bank to make record profit.
The consolidated net operating cash flow per share, a measure of a company's ability to generate cash from its operations, jumped to Tk 63.03 per share in September quarter of this year from Tk 44.01 in the same period last year.
The bank explained that net operating cash flow increased due to higher deposits mobilisation while loan portfolio growth remained lower than the same period of the previous year.
The net asset value, which refers to the excess of total assets over total liabilities, stood at Tk 51.73 per share, up from Tk 39.38 in December last year due to the combined impact of increase in net profit and revaluation reserve on the government securities.
The bank, however, is yet to publish detailed financial statements such as interest income, investment income and income from bKash for the January-September period.
On the Dhaka Stock Exchange, the bank's stock rose 3.64 per cent to close at Tk 71.10 on Thursday.
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