Premier Bank posts Tk388cr H1 loss
The bank’s net operating cash flow per share improved to Tk9.75 in the first half of 2026, compared with a negative Tk7.64 during the same period last year.
Premier Bank PLC, a private sector lender, incurred a consolidated loss of Tk388.77 crore in the first half of 2026 as declining interest income and higher funding costs weighed on its financial performance.
The bank reported a loss per share of Tk3.15 for January-June 2026, according to its quarterly financial statements.
The losses widened significantly compared with the same period last year, when the bank posted a consolidated loss of Tk136.56 crore.
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The bank's net interest income turned negative at Tk315.85 crore during the first half of 2026, meaning its expenses on deposits and borrowings exceeded income generated from investments.
Its investment income and other operating income declined during the period compared with the previous year. However, income from commission, exchange and brokerage activities showed a slight improvement
Premier Bank's consolidated net asset value stood at Tk1,288 crore at the end of June 2026, down from Tk2,532.84 crore in June 2025.
The bank's net operating cash flow per share improved to Tk9.75 in the first half of 2026, compared with a negative Tk7.64 during the same period last year.
Explaining the decline in net asset value, the bank said it resulted from increased operating losses. The improvement in cash flow per share was mainly due to higher borrowing from other banks and financial agents.
Premier Bank incurred a loss of Tk992.59 crore in 2025, with a loss per share of Tk8.05. Due to continued losses, the bank has not paid dividends to shareholders.
The bank's shares closed at Tk5.30 each on the Dhaka Stock Exchange today (23 July).
