Published : 16 Aug 2026, 07:14 AM
Updated : 08 Sep 2026, 09:33 AM
BRAC Bank has reported a 57 percent year-on-year increase in consolidated net profit after tax to Tk 14.23 billion in the first half of 2026, with growth in profitability, deposits, lending and operating efficiency.
The bank presented its half-yearly financial results and business performance at a virtual earnings call on Aug 13, attended by local and international investors, research analysts, portfolio managers and capital market professionals, according to a media statement.
On a standalone basis, net profit after tax rose 67 percent year-on-year to Tk 10.33 billion from Tk 6.20 billion a year earlier.
Despite a challenging macroeconomic and industry environment, BRAC Bank said it continued to outperform the market, with customer deposits increasing 25 percent and loans and advances growing 18 percent compared with June 2025, both ahead of industry averages.
The bank also improved operational efficiency, bringing its cost-to-income ratio down to 42 percent from 48 percent in the first half of 2025, reflecting its focus on productivity, cost discipline and digital transformation.
Managing Director and CEO Tareq Refat Ullah Khan and senior officials presented the financial results, operational achievements and the bank’s strategic focus during the earnings call.
The event was livestreamed through the bank’s Facebook page and ended with a question-and-answer session.
Consolidated earnings per share rose to Tk 5.07 in H1 2026 from Tk 3.09 in the corresponding period of 2025.
The bank’s consolidated net asset value per share increased to Tk 49.38 on June 30, 2026 from Tk 44.84 on Dec 31, 2025.
Standalone total deposits grew 25 percent in June 2026 compared with June 2025, which the bank attributed to its long-term growth strategy and customer confidence.
Consolidated return on equity and return on assets stood at 21.52 percent and 1.67 percent, respectively.
Total consolidated revenue increased 29 percent from H1 2025, driven by higher non-funded income alongside interest income.
The bank’s non-performing loan ratio stood at 2.03 percent in H1 2026, down from 2.27 percent in December 2025.
“Our first-half performance reflects the strength of our business model, prudent governance and disciplined execution,” Tareq Refat said.
“Continued customer confidence has enabled us to deliver growth well above the market while maintaining one of the industry's strongest asset quality indicators. We will stay focused on creating sustainable long-term value for our customers, shareholders and the economy.”
As of Jun 30, customer deposits exceeded Tk 970 billion, while loans and advances reached Tk 760 billion.
Funds under management stood at more than Tk 1.73 trillion.
The bank recorded balanced growth across its Corporate, SME and Retail Banking segments while maintaining one of the industry's lowest NPL ratios.
BRAC Bank attributed its earnings performance to strong balance sheet expansion, improved operating efficiency, a diversified portfolio and disciplined risk management.
“Our achievements would not have been possible without the trust of our customers, the strategic guidance of our Board of Directors, the support of Bangladesh Bank, and the unwavering commitment of our colleagues,” the CEO said.
“We are strongly committed to sustaining business growth while upholding the highest standards of governance, innovation, transparency and customer service.”
