The publicly listed company, Prime Bank Limited, has reported strong earnings in the second quarter of the ongoing calendar year thanks to increased interest and investment income.
Prime Bank published the quarterly results on the exchange websites on Sunday along with a detailed financial report on its website.
Earnings per share stood at Tk1.01 during April-June period this year which is 50.7% higher in comparison with the earnings from the same period last year.
The bank registered a net profit of Tk218.6 crore or Tk1.93 per share during the first six months in 2023, showed the half yearly financial report published in the company website.
During the first half of this year, Prime Bank reported an investment income of Tk235.5 crore which is Tk78.2 crore higher than the first half of last year, helping the company to post robust growth in its earnings.
Prime Bank has a net asset value of Tk28.56 per share as on June 30, 2023.
The company stock closed at Tk19.7 per share on Monday at the Dhaka bourse.
Currently, the sponsors and directors of the company hold 39.21% of its shares, while institutional investors 39.33%, foreign investors 0.5% and general investors 20.96%.
Prime Bank was listed with the bourses in the year 2000.
