Islami Bank Bangladesh PLC, a listed commercial bank, posted a consolidated net loss of Tk 13.16 billion in the first six months of 2026, reversing a modest profit recorded during the same period last year.

The financial results were disclosed in the bank’s unaudited second-quarter (April–June) financial statements, published through the Dhaka Stock Exchange (DSE) on Thursday.

According to the report, the bank recorded a consolidated loss per share (EPS) of Tk 8.18 for the January–June period, compared with earnings per share of Tk 0.42 a year earlier. During the same period in 2025, the bank had posted a net profit of Tk 674 million.

For the second quarter (April–June) alone, Islami Bank reported a loss per share of Tk 6.39, with a net loss of Tk 10.28 billion. In contrast, the bank had earned a net profit of Tk 376.3 million in the corresponding quarter of the previous year.

As of June 30, 2026, the bank’s consolidated net asset value per share (NAVPS) stood at Tk 36.03.

The bank attributed the sharp deterioration in its financial performance to higher deposit costs, lower income from investments, a rise in non-performing loans (NPLs), and reduced earnings from placements with other banks. These factors significantly weighed on profitability during the reporting period.