Pubali Bank posts Tk 564 crore profit in 2022

Pubali Bank Limited posted a Tk 564.53 crore profit in the financial year that ended on December 31, up nearly 30 per cent from a year earlier.

The private commercial bank made a profit of Tk 434.97 crore in 2021.

Thus, Pubali Bank reported consolidated earnings per share of Tk 5.49 for 2022, an increase from Tk 4.23 in the previous financial year.

The consolidated net asset value per share improved to Tk 41.96 from Tk 38.98 while the consolidated net operating cash flow per share slipped to negative territory at Tk 3.36 from a positive Tk 3.28.

The board of directors of the company has recommended a 12.50 per cent cash dividend for 2022, according to a filing on the Dhaka Stock Exchange today.