Pubali Bank’s profit jumps 4pc in Q1

Business Report :

Pubali Bank PLC witnesses its earnings increase in the first quarter of the financial year 2025.

The bank posted a 4 percent year-on-year rise in profit in the January-March quarter, reaching Tk 185.28 crore, according to its financial statements.

The first quarter follows the Tk 780 crore profit the bank made in the financial year 2024.

Its earnings per share stood at Tk 1.60 for the first quarter, up from Tk 1.54 (restated) in the same period a year earlier.

Its consolidated net operating cash flow per share (NOCFPS) surged to Tk 19.69 from Tk 9.25 (restated) in the same quarter of 2024.

The significant improvement in NOCFPS reflects the bank’s strategic focus on high-yield lending, fee and commission income diversification, cost optimisation, and digital transformation, the bank said.

It attributed the rise in NOCFPS to increased customer deposits and a rise in other liabilities during the quarter that ended on March 31, 2025.

As of April 30, 2025, the shareholding structure of Pubali Bank stood at: sponsors and directors 31.49 percent, institutional investors 28.77 percent, foreign investors 0.14 percent, and the general public 39.60 percent, according to Dhaka Stock Exchange data.