Islami Bank Bangladesh PLC slipped deeper into the red in the first half of 2026 as rising non-performing investments, higher profit paid on deposits and weaker investment income weighed on earnings.
The bank reported a consolidated loss per share of Tk8.18 for January-June, compared with earnings per share of Tk0.42 in the corresponding period last year.
Losses widened further in the second quarter, with the bank posting a consolidated loss per share of Tk6.39 for April-June against earnings per share of Tk0.24 a year earlier.
On a standalone basis, the bank attributed the deterioration to higher profit paid on deposits, lower investment income as non-performing investments increased and reduced income from placements with other banks. Standalone EPS declined by Tk8.58 from the corresponding period of 2025.
Cash generation from operations also weakened. Consolidated net operating cash flow per share (NOCFPS) fell to Tk9.66 in the first six months of the year from Tk17.68 a year earlier.
The bank said standalone NOCFPS declined by Tk7.67 as deposits decreased during the second quarter ended 30 June.
To strengthen its financial position, the lender said it is implementing Bangladesh Bank’s latest guidance to boost deposit mobilisation, maintain adequate liquidity, improve asset quality, recover classified investments and enhance income generation.
Those measures are expected to contribute positively to future earnings and EPS, the bank said.
Meanwhile, consolidated net asset value per share fell to Tk36.03 as of 30 June from Tk44.39 a year earlier, reflecting continued pressure on shareholders’ equity.
Shares of Islami Bank fell 2.51 per cent to close at Tk31.10 on the Dhaka Stock Exchange on Thursday.
