Prime Bank records 59% NPAT growth in Q1 2025
Prime Bank PLC has reported 59% year-on-year growth in consolidated net profit after tax (NPAT) in the first quarter of 2025, reflecting the bank's strong financial footing and focus on sustainable growth.
The NPAT rose to Tk 209 crore in Q1 2025, up from Tk 132 crore during the same period of the previous year. Earnings per share (EPS) increased to Tk 1.85 from Tk 1.16.
The bank's consolidated net asset value (NAV) per share stood at Tk 34.44, while net operating cash flow per share (NOCFPS) was Tk 13.43 during the quarter. In Q1 of 2024, these figures were Tk 30.72 and negative Tk 1.19, respectively.
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As of 31 March 2025, Prime Bank's total consolidated assets stood at Tk 57,633 crore. The bank's total loans and advances amounted to Tk 33,623 crore.
The capital to risk-weighted assets ratio (CRAR) was reported at 17.02% at the end of the quarter.
The Board of Directors approved the unaudited Q1 financial statements at its meeting held on Thursday.
Prime Bank reaffirmed its commitment to providing innovative banking solutions while maintaining a trajectory of steady and responsible growth.
