BRAC Bank has set a historic milestone in Bangladesh’s banking sector, posting a consolidated net profit of Tk1,535.86 crore in the first nine months of 2025—surpassing its full-year profit for 2024 and becoming the first local private bank to cross the Tk1,500 crore mark.

According to the bank’s financial disclosure, consolidated net profit jumped 52% year-on-year during January–September 2025, reflecting strong earnings momentum amid persistent economic challenges.

Earnings per share stood at Tk6.06, while net asset value per share rose 31% to Tk51.73. Net operating cash flow per share (NOCFPS) surged to Tk63.03, driven by higher deposit mobilisation and prudent liquidity management.

With this performance, BRAC Bank has become the highest profit-making local bank in Bangladesh, trailing only UK-based Standard Chartered Bank, which recorded Tk3,300 crore profit in 2024—the highest in the country’s history.

Last year, BRAC Bank’s full-year profit was Tk1,432 crore, meaning it has already exceeded that figure with one quarter remaining in 2025.

In the July–September quarter alone, consolidated net profit rose 50% year-on-year to Tk629.96 crore, with quarterly earnings per share reaching Tk2.53.

The bank attributed its strong performance to higher investment income from government securities, rising interest income, and robust returns from its subsidiaries. Improved asset quality, efficient cost control, and higher yields on investments also strengthened its bottom line, it said.

“During the reported period in 2025, BRAC Bank registered robust profit growth driven primarily by incremental investment and interest income. NOCFPS increased significantly, supported by higher deposit mobilisation and bank borrowings, while loan portfolio growth was lower than the same period last year,” the bank said in a statement.

The rise in NAV per share was supported by higher profits and a revaluation reserve on government securities.

BRAC Bank’s six subsidiaries—including BRAC EPL Investment Limited, BRAC EPL Stock Brokerage Limited, bKash Limited, BRAC Saajan Exchange Limited, and BRAC IT Services Limited—contributed positively to the consolidated results.

Despite challenges such as dollar shortages, exchange rate volatility, and high inflation, deposits rose 13% in January–June 2025, outpacing the industry average of less than 10%. Investments in government securities surged 31%, while the loan portfolio grew 3.43% during the same period.

On Thursday, BRAC Bank’s shares closed 1.72% higher at Tk71.10, taking its market capitalisation to Tk14,155 crore—making it the fourth-largest listed company on the Dhaka Stock Exchange and the highest-valued publicly listed bank.

Of the bank’s 199 crore listed shares, 46.17% are held by sponsors and directors, 36.16% by foreign investors—the highest proportion in Bangladesh’s banking sector—while local institutions and the general public hold 11.60% and 6.07%, respectively.

Since its inception in 2001, BRAC Bank has been a pioneer in lending to cottage, micro, small, and medium enterprises (CMSMEs), introducing collateral-free financing for small entrepreneurs and shaping inclusive banking in the country.

In early October, the Bangladesh Securities and Exchange Commission (BSEC) approved the bank’s plan to issue the country’s first-ever social bond worth Tk1,000 crore—a landmark step toward promoting sustainable finance.