NRB Commercial (NRBC) Bank Limited, a listed bank in Bangladesh, reported a 27% growth in net profit for the first quarter of 2023. The bank’s net profit surged to Tk 80.88 crore in Q1 2023, compared to Tk 63.43 crore in the same period last year. The bank’s consolidated earnings per share (EPS) increased from Tk 0.80 to Tk 1.02 for Q1 2023. Additionally, the bank’s consolidated net asset value (NAV) per share stood at Tk. 17.78 as of March 2023, up from Tk 16.73 as of December 31, 2022. On a solo basis, the bank’s EPS for the first quarter ended in March 2023 also rose to Tk 1.00 from Tk 0.70 for the same period last year.
NRBC Bank net profit increased by 27%
Industry: Bank, Financial
Company: NRB Commercial Bank Ltd
Company Intelligence Tag: Business Insights
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