Out of 36 Banks, 15 See EPS Growth While 17 Face Declines

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Out of 36 Banks, 15 See EPS Growth While 17 Face Declines

BM Desk : For the first quarter (January–March 25), 33 of the 36 banks that are listed on the stock exchange have released unaudited financial results. The financial reports that have been made public indicate that over the time under examination, the EPS of fifteen banks has increased. However, 17 banks have seen a decline in their EPS, one has remained steady, and three have not released quarterly data. It is DSE sources that have disclosed this information.

The banks with higher profitability are:

Bank Asia, BRAC Bank, Dhaka Bank, Eastern Bank, Jamuna Bank, Mercantile Bank, Midland Bank, Mutual Trust Bank, NCC Bank, NRB Bank, One Bank, Prime Bank, Pubali Bank, Standard Bank and Uttara Bank.

The following banks saw a decline in profits:

AB Bank, Al-Arafah Islami Bank, Dutch-Bangla Bank, Exim Bank, IFIC Bank, ICB Islamic Bank, First Security Islami Bank, National Bank, NRBC Bank, Premier Bank, Rupali Bank, SBAC Bank, Shahjalal Islami Bank, Southeast Bank, Social Islami Bank, Trust Bank and United Commercial Bank (UCB).

In the first quarter, City Bank’s earnings were constant, which is noteworthy. Consolidated earnings per share (EPS) for the bank was 68 paisa for the first quarter (January–March 25). The bank made 68 paisa in earnings per share during the same time previous year. However, Union Bank, Islami Bangladesh, and Global Islami Bank have yet to release their first-quarter financial statements.

 

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