FE ONLINE REPORT
Jamuna Bank's second-quarter (Q2) profit surged almost 50 per cent year-on-year to Tk 1.96 billion in April-June this year, driven by higher investment income, lower provisioning and improved operating performance.
The third-generation private commercial bank reported consolidated earnings per share (EPS) of Tk 2.09 for the quarter, up from Tk 1.40 in the corresponding period a year earlier, according to a price-sensitive disclosure published on Wednesday.
The bank said the rise in earnings was mainly supported by increased investment income, reduced provisioning requirements and higher net profit after tax during the reporting period.
The lender benefited from investments in government securities, including Treasury bills and bonds, as sluggish private-sector credit growth encouraged banks to increase their exposure to risk-free assets. The bank's investment strategy helped generate higher returns and strengthen its profitability.
Jamuna Bank's half-year profit also increased 21 per cent year-on-year to Tk 3.78 billion in January-June this year, compared with Tk 3.11 billion in the same period last year due to the same reasons.
Consolidated net operating cash flow per share (NOCFPS) rose to Tk 52.38 in January-June from Tk 47.31 in the same period last year, supported by higher operating income—particularly increased investment income—and strong growth in customer deposits.
Consolidated net asset value (NAV) per share increased to Tk 30.54 as of June 30, 2026, from Tk 24.58 a year earlier, reflecting higher shareholders' equity backed by increased retained earnings.
The bank’s stock closed at Tk 23.8 on Wednesday, a 0.42 per cent decline over the previous session.
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