Pubali Bank PLC, one of the country’s most established private banks, has announced a remarkable 16 percent year-on-year increase in its profit for the nine months ending on September 30, 2023. According to an unaudited financial statement released today, the bank reported a net profit after tax of Tk 612.7 crore for the period of January to September in 2023, a substantial rise from Tk 525.6 crore during the same period in the previous year.
The Earnings Per Share (EPS) of Pubali Bank also witnessed growth, reaching 5.96 during this nine-month period compared to Tk 5.11 in the corresponding period a year ago. In the quarter spanning from July to September, the private bank achieved notable performance, with an earnings per share of Tk 3.25, marking an impressive 18 percent year-on-year increase. At 11:28 am on the Dhaka Stock Exchange, Pubali Bank’s share price registered a modest gain of 0.77 percent, reaching Tk 26.20.
Source for more details:
