Profit of BRAC Bank Limited (BRAC BD) increased by 35.4% YoY in Q3’23

·         BRAC BD’s consolidated EPS increased by 35.4% YoY in Q3’2023 to BDT 1.34 which goes in line with our expectation.

·         The Bank reported a solo EPS of BDT 1.25, 45.3% higher YoY.  

·         The Bank’s consolidated NAVPS stood at BDT 40.22 as of 30 Sep 23 compared to BDT 38.01 as of 31 Dec 22.

Table: Net Asset Value Per Share (NAVPS)

Particulars	Consolidated			Solo
	31-Dec-22	30-Sep-23	YoY growth	31-Dec-22	30-Sep-23	YoY growth
NAVPS (BDT)	38.01	40.22	5.8%	36.29	38.49	6.1%

Table: Earnings Per Share (EPS)

Particulars	Consolidated						Solo
	Q3’22	Q3’23	YoY growth	9M’22	9M’23	YoY growth	Q3’22	Q3’23	YoY growth	9M’22	9M’23	YoY growth
EPS (BDT)	0.99	1.34	35.4%	2.35	3.26	38.7%	0.86	1.25	45.3%	2.44	3.13	28.3%