Home ›› 29 Jul 2021 ›› Stock
Three listed companies--IFIC Bank, NRBC and Eastern Bank witnessed sharp rise in earnings per share for second quarter (April-June) of 2021 as per unaudited financials of the companies.
According to company disclosure, IFIC Bank made around Tk 79 crore as profit for second quarter which is 5 times higher than the same quarter last year. Net profit of the bank in second quarter of 2020 was around Tk 16 crore.
Earnings per share (EPS) of the bank was Tk 0.47 for second quarter of 2021, which was Tk 0.09 for the same quarter of 2020.
Net interest income of IFIC Bank was Tk 152.40 crore for April-June this year, which was Tk 11.34 crore the same period last year.
Newly listed company NRBC Bank’s EPS stood at Tk 0.69 for April-June of 2021, which is 213 per cent higher than the same quarter last year. The bank’s EPS was Tk 0.22 for second quarter of 2020.
On the other hand, EBL’s consolidated EPS was Tk 1.47 for April-June of 2021 as against Tk 0.78 for April-June of 2020. The bank’s consolidated EPS was Tk 2.56 for January-June of 2021 as against Tk 1.65 for January-June of 2020.
NOCFPS (net operating cash flow per share) of the bank was Tk 9.25 for January-June of 2021 as against Tk 12.10 for January-June of 2020. Net asset value (NAV) per share was Tk 31.97 as on June 30, 2021 and Tk 30.87 as on December 31, 2020.
Meanwhile, Dutch-Bangla Bank and Standard Bank’s profit fell for the same period of 2021. DBBL saw a decline in EPS while Standard Bank’s EPS saw rise.
Dutch-Bangla Bank earned less profit in April-June but recorded higher profit for first half of 2021. The company earned Tk 135.42 crore profit for second quarter, which is 3.5 per cent less from the same period last year.
But DBBL‘s earning was around Tk 226 crore for January-June this year which is 4.44 per cent higher than the same period last year.
Abul Kashem Mohammed Shirin, Managing Director of DBBL, told The Business Post that in the second quarter of 2021 the company issued bonus shares for shareholders which brought its EPS down. But half-yearly performance of the bank is stronger than previous year, she added.
The bank’s EPS for April-June was Tk 2.14 as compared to Tk 2.23 during the same period last year.
Moreover, earnings per share of Standard Bank for second quarter declined.
Consolidated EPS of the bank was Tk 0.06 for April-June 2021 as against Tk 0.31 for April-June 2020. EPS of the bank decline by 83 per cent for second period.
But EPS of the bank was Tk 0.23 for January-June 2021 as against Tk 0.06 for January-June 2020, which was 283 per cent higher.
