BRAC Bank Reports 57% Rise in Consolidated Net Profit for First Half of 2026

BRAC Bank has officially released its financial results for the first six months of 2026, demonstrating substantial growth across multiple financial indicators, including profitability, customer deposits, loans, and operational efficiency. The virtual earnings conference detailing these results took place on August 13, highlighting the institution's robust performance during the first half of the year. The announcements reflect the bank's strong standing in the financial sector.

According to the financial disclosure, the bank recorded a consolidated post-tax net profit of 1,423 crore taka, marking a notable 57 percent increase compared to previous periods. Furthermore, the standalone net profit reached 1,033 crore taka, which represents a 67 percent growth. The institution's consolidated total revenue also experienced a significant upward trend, registering a 29 percent increase over the timeframe.

Growth was likewise observed in customer deposits and loans, with customer deposits expanding by 25 percent to surpass 97,000 crore taka, while loans and advances grew by 18 percent to exceed 76,000 crore taka. Consequently, the total assets under management for BRAC Bank rose to more than 1.73 lakh crore taka. Operational efficiency also improved, as the cost-to-income ratio decreased to 42 percent, alongside a reported non-performing loan (NPL) ratio of 2.3 percent.

Additional financial metrics released during the meeting included a consolidated earnings per share (EPS) of 5 taka 7 poisha and a consolidated net asset value (NAV) per share of 49 taka 38 poisha. The bank also maintained strong profitability ratios, recording a consolidated return on equity (ROE) of 21.52 percent and a return on assets (ROA) of 1.67 percent, demonstrating efficient utilization of capital and resources.

Commenting on the results, Tareq Refat Ullah Khan, the Managing Director and Chief Executive Officer of BRAC Bank, stated that the performance achieved during the first half of the current year is a reflection of the resilience of their business model, good governance, and disciplined execution. He added that due to the continued trust of customers, the bank has been able to achieve growth exceeding the banking sector's average while maintaining one of the industry's strongest asset qualities.

Tareq Refat Ullah Khan further emphasized that this achievement would not have been possible without customer trust, the strategic guidance of the board of directors, directives from Bangladesh Bank, and the relentless efforts of the bank's employees. Looking forward, he noted that creating sustainable long-term value for customers, shareholders, and the broader economy remains a primary objective, alongside ensuring sustainable business growth by maintaining standards of good governance, innovation, transparency, and customer service quality.