BRAC Bank PLC Q1 profit jumps 44% to over Tk695cr
According to the bank’s price-sensitive statement filed with the Dhaka Stock Exchange today (13 May), its consolidated net profit reached Tk695.68 crore during the January–March period, up from Tk486 crore in the corresponding quarter of the previous year.
BRAC Bank PLC has maintained its robust earnings momentum into the new year, reporting a stellar 44% year-on-year growth in consolidated net profit for the first quarter of 2026.
According to the bank's price-sensitive statement filed with the Dhaka Stock Exchange today (13 May), its consolidated net profit reached Tk695.68 crore during the January–March period, up from Tk486 crore in the corresponding quarter of the previous year.
This significant bottom-line growth pushed the bank's consolidated earnings per share (EPS) to Tk2.90 for the three-month period, compared to Tk2.02 in the first quarter of 2025.
Investors reacted positively to the financial disclosure, with the bank's share price rising by 2.23% to settle at Tk73.50 on the premier bourse.
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In its disclosure, the bank attributed the surge in profitability to higher earnings driven primarily by incremental investment income and interest income.
The bank's financial health was further reflected in its consolidated net asset value (NAV) per share, which increased to Tk56.12.
The bank noted that the NAVPS growth was a combined result of increased net profits and revaluation reserves arising from strategic investments in government securities.
While profitability soared, the bank's consolidated net operating cash flow per share (NOCFPS) stood at Tk33.48, showing a decline compared to the same period last year.
The bank explained that this reduction was due to a rise in customer deposit encashments and the repayment of borrowings.
BRAC Bank continued to demonstrate superior asset quality, with its classified loans edging down to Tk1,766 crore. This brings the bank's non-performing loan (NPL) ratio to a mere 2.46% of its total disbursements, a figure significantly lower than the industry average.
The strong start to 2026 follows a landmark year for the institution. In 2025, BRAC Bank made history by becoming the first local private sector lender to surpass the Tk2,000 crore annual profit mark, posting a record consolidated profit of Tk2,250.94 crore. That performance represented a 57% year-on-year growth. Riding on that success, the bank has already recommended a 30% dividend, comprising 15% cash and 15% stock, for its shareholders for the 2025 financial year.
