NRBC Bank doubles EPS in first quarter

The Earnings per Share (EPS) of NRBC Bank has increased of 112 percent or more than double in comparison to the same period of previous year. 

According to the unaudited balance sheet which was approved in the last board meeting, held on Thursday, the bank said it's consolidated EPS increased to Tk 0.89 for January-March, 2022, up by 112 per cent, from Tk 0.42 in the corresponding period, says a press release.

The private commercial bank's solo basis EPS for three months that ended on 31 March, 2022, also rose to Tk 0.76 as against Tk 0.39 for the same period of the previous year.

The 140th meeting of the Board of Directors which has taken place virtually with its Chairman S.M. Parvez Tamal in the chair. 

Bank's Vice Chairman Rafikul Islam Mia Arzoo, Directors Mohammed Adnan Imam, A M Saidur Rahman, Mohammed Oliur Rahman, AKM Mostafizur Rahman, Alternative Director Dr. Kutub Uddin, Independents Directors Air Chief Marshal Abu Esrar (Retd), Dr. Khan Mohammad Abdul Mannan and Raad Mozib Lalon, Phd, Managing Director & CEO Golam Awlia, AMD Kazi Md. Talha, DMD & CFO Harunur Rashid and Company Secretary Md. Reaz Uddin Asif attended the meeting. 

At the end of 31 March, 2022, the consolidated size of the balance sheet (including off-balance sheet) of the bank stands at Tk 25,760.52 crore which was Tk16,25.74 crore in the last year, According to the unaudited balance sheet.

As of March 30, 2022, the bank's consolidated net asset value (NAV) per share stood at Tk 17.14 which was Tk 16.25 at the end of December 31, 2021. The consolidated NAV at this year March was Tk1,263.96 crore which was Tk 1,198.50 lakh last year. Solo NAV was around Tk1,237.30 crore which was  Tk1,180.86 crore as end of December 2021.

NRBC Bank was listed on the Dhaka Stock Exchange in 2021. The banking sector company belongs to the "A" category.

NRBC Bank operates through 93 branches and 650 sub-branches across the country using the cutting edge technology.