BRAC Bank’s market cap crosses Tk15,000cr, overtakes Robi

BRAC Bank has emerged as one of the most valuable companies on the Dhaka Stock Exchange (DSE), with its market capitalisation crossing Tk15,000 crore for the first time.

The milestone pushed the private lender ahead of telecom operator Robi, making it the fourth-largest listed firm on the country's premier bourse.

The bank's share price jumped by 7.14% to close at Tk76.50, pushing its market capitalisation to Tk15,230 crore today (31 August), according to the DSE data.

The advancement comes after a sharp rally in the bank's stock, which has risen by 67% since May this year, fuelled by strong financial performance and renewed investor confidence.

With the latest surge, BRAC Bank has overtaken Robi, whose current market capitalisation stands at Tk15,085 crore. Only three companies — Grameenphone, Square Pharmaceuticals and BAT Bangladesh — now remain ahead of the bank in terms of market value on the bourse.

The rally in the bank shares is underpinned by robust earnings growth. In the first half of 2025, the bank reported a consolidated profit of Tk905 crore, a 53% year-on-year increase, largely driven by higher investment income.

This follows a record-breaking 2024, when BRAC Bank posted a consolidated profit of Tk1,431.84 crore, a 73% jump from the previous year and the highest in its history.

Market insiders noted that the bank's recent gains reflect not only its financial strength but also broader investor appetite for banking stocks, which have been seen as undervalued in recent months.

"Crossing Tk15,000 crore in market capitalisation is a significant milestone for the bank and signals the growing importance of private banks in the equity market," said a senior stockbroker.