STAR BUSINESS REPORT

BRAC Bank PLC, one of the leading private commercial banks in the country, posted higher profits in the first quarter of its financial year 2025, driven by increased investment and interest income.

The private lender’s net profit rose 47 percent year-on-year to Tk 486.33 crore in the January-March quarter, according to its financial statements.

The private lender earlier reported a 73 percent surge in consolidated profit to Tk 1,431.84 crore in 2024.

Its consolidated earnings per share (EPS) stood at Tk 2.27 for the January-March quarter of 2025, up from Tk 1.54 (restated) in the same period of 2024.

The bank said the increase in EPS was primarily due to higher profits generated in the quarter under review.

Its net operating cash flow per share rose to Tk 54.40 in the first quarter of 2025 from Tk 30.84 (restated) a year ago.

The bank attributed the growth to increased deposit mobilisation and bank borrowings, while loan portfolio expansion was comparatively lower.