The ‘profit’ of the three banks has increased the economy

by times news cr

While some of Djerba’s weaker banks have struggled due to the liquidity crunch, unaudited reports from three listed banks in the capital market show that their profits have increased over the past nine months in the third quarter of the current financial year. Mutual Trust Bank Plc-MTB, NRB Bank Plc and Pubali Bank Plc are in profit. According to published unaudited financial reports, the earnings per share of all three companies increased during the nine-month quarter.

On Thursday (October 24), this information was revealed by Dhaka and Chittagong Stock Exchange (DSE-CSE).

Earlier, the board of directors of the three companies met on Wednesday (October 23) to review and approve the financial reports for the third quarter of the current financial year.

Mutual Trust Bank

In the third quarter of the current financial year, the profit per share of the company was Tk 0.92. The company’s profit per share was Rs 0.84 in the corresponding period of the previous financial year. Accordingly, the profit per share of the company has increased by Tk 0.08 or 9.52 percent in the quarter under discussion.

The profit per share of the company for 9 months or three quarters of the current financial year was Tk 2.07. In the corresponding period of the previous financial year, the company’s EPS was Rs.1.94. Accordingly, the company’s profit per share increased by Tk 0.13 or 6.70 percent in the quarter under discussion.

As of September 30, 2024, the company’s net asset value per share (NAVPS) stood at Tk 26.13.

NRB Bank

In the third quarter of the current financial year, the profit per share of NRB has been Tk 0.12. The company’s profit per share was Rs 0.86 in the corresponding period of the previous financial year. Accordingly, the profit per share of the company decreased by Tk 0.74 or 86.04 percent in the quarter under discussion.

The profit per share of the company for 9 months or three quarters of the current financial year was Tk 0.28. The company’s profit per share was Rs 0.23 in the corresponding period of the previous financial year. Accordingly, the company’s profit per share has increased by Tk 0.05 or 21.74 percent in the quarter under discussion.

As of September 30, 2024, the company’s net asset value per share (NAVPS) stood at Tk 12.83.

Pubali Bank

In the third quarter of the current financial year, the profit per share of the company was 5.39 rupees. The company’s profit per share was Rs 3.25 in the corresponding period of the previous financial year. Accordingly, the profit per share of the company has increased by Tk 2.14 or 65.85 percent in the current quarter.

The profit per share of the company for 9 months or three quarters of the current financial year was Tk 7.58. The company’s profit per share was Rs 5.30 in the corresponding period of the previous financial year. Accordingly, the company’s profit per share increased by Tk 2.28 or 43.02 percent in the quarter under discussion.

As of September 30, 2024, the company’s net asset value per share (NAVPS) stood at Tk 48.42.

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