BRAC Bank’s nine-month profit jumps 38% to Tk2,121 crore

BRAC Bank’s consolidated net profit rose 38% year-on-year to Tk2,120.95 crore in January–September 2026, driven by higher operating income, while third-quarter profit increased 11% to Tk697.50 crore.

BRAC Bank PLC’s consolidated net profit after tax rose 38% year-on-year to Tk2,120.95 crore in January-September 2026, up from Tk1,535.86 crore a year earlier, according to its un-audited financial statements.

Standalone net profit climbed about 50% to Tk1,583.81 crore from Tk1,055.20 crore.

The stellar bottom-line performance was backed by strong revenue expansion. Consolidated revenue income saw healthy growth across key streams, with total operating income climbing to Tk7,726 crore for the nine-month period, compared to Tk6,135 crore in the same period of 2025.

Specifically, cumulative net interest income grew to Tk1,655 crore from Tk1,166 crore, while investment income expanded substantially to Tk4,143.64 crore against Tk3,394.37 crore.

Despite the asset expansion, the bank maintained disciplined credit risk management. Total classified loans for the group stood at Tk1,910.55 crore as of 30 September 2026, representing a low classified loan ratio of 2.45% (and 2.27% on a solo basis).

Reflecting the higher profitability and stronger balance sheet, BRAC Bank’s consolidated net asset value per share surged to Tk56.40.

Earnings per share —attributable to the parent company—jumped significantly to Tk7.70 for the first nine months of 2026, up from Tk5.29 in the same period last year.

Meanwhile, in the third quarter (July-September), the bank posted a net profit of Tk697.50 crore, which was 11% higher from the previous year at the same time.

Source: The Business Standard