AB Bank posts 4% jump in profits

AB Bank registered a 4 per cent year-on-year jump in profits in the first half of 2023.

Its earnings per share (EPS) was Tk 0.43 in the January-June period of 2023, up from Tk 0.41 in the same period of the previous year, according to a posting on the website of the Dhaka Stock Exchange (DSE).

Its EPS rose to Tk 0.31 in the second quarter of 2023 from Tk 0.23 in the same quarter of 2022.

Stock price of of AB Bank remained the same at Tk 9.7 at the DSE today.

The bank's paid-up capital is Tk 878 crore and it provided 2 per cent stock dividend to its shareholders for the year 2022.