Bangladesh Finance PLC profit jumps 86% in H1 on recoveries, gains
Consolidated earnings per share (EPS) rose to Tk0.23 for the January-June period from Tk0.12 in the corresponding period of 2025.
Bangladesh Finance PLC posted an 86% year-on-year growth in consolidated net profit after tax in the first half of 2026, supported by stronger loan recoveries, lower provisioning requirements and gains from investments in listed securities.
The non-bank financial institution also reported a 63% year-on-year increase in consolidated net profit after tax for the April-June quarter, according to its unaudited consolidated financial statements approved by the Board of Directors yesterday (29 July).
The company said the improved earnings were driven by successful recovery and collection efforts, the release of excess provisions against loans, leases and investments, and realised capital gains from listed securities.
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Consolidated earnings per share (EPS) rose to Tk0.23 for the January-June period from Tk0.12 in the corresponding period of 2025. For the second quarter, EPS increased to Tk0.12 from Tk0.07 a year earlier.
The company's consolidated net asset value (NAV) per share improved to negative Tk28.84 as of 30 June 2026, compared with negative Tk29.07 as of 31 December 2025, indicating gradual progress in restoring its capital base.
Bangladesh Finance maintained a provision coverage ratio of 273%, reflecting its capacity to absorb potential credit losses and its focus on prudent risk management.
Company officials said the ongoing implementation of restructuring measures, backed by regulatory support and improving market conditions, is expected to accelerate the company's financial recovery, strengthen its capital position and improve operational resilience.
The company said it remains focused on creating sustainable long-term value for shareholders while continuing efforts to improve its overall financial health.
