Uttara Bank’s profit falls 18%

Uttara Bank's profits fell 18 per cent year-on-year in the first six months of 2023.
The bank's earnings per share (EPS) stood at Tk 1.64 in the January to June period of last year, down from Tk 2 in the same period of the previous year.
Despite the profit fall, the bank's stock price remained unchanged at Tk 22 for consecutive two days at the Dhaka Stock Exchange (DSE).
According to a posting on the DSE website, the bank's EPS dropped to Tk 0.9 in the second quarter of 2023 from Tk 1.38 in the same period of 2022.
According to the DSE data, the bank's paid-up capital is Tk 733 crore.
It provided 14 per cent stock and 14 per cent cash dividend for its shareholders in 2022.
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