BRAC Bank delivered a strong first-half performance in 2026, with profit surging 57 per cent as stronger customer deposits, expanding lending, higher revenue and improved efficiency helped the bank navigate a difficult banking environment.
The bank’s consolidated net profit after tax rose to Tk1,423 crore in the six months ended June 30, 2026, from Tk906 crore a year earlier. On a standalone basis, profit climbed 67 per cent to Tk1,033 crore from Tk620 crore.
The results, presented at a virtual earnings call on August 13, showed growth across the bank’s major indicators, drawing attention from local and international investors, research analysts and capital market professionals.
BRAC Bank officials said that a diversified business model, governance framework and customer-focused strategy supported the performance, allowing the bank to expand ahead of broader industry trends.
Revenue grew 29 per cent year-on-year, driven by higher interest income and higher non-funded income, while the bank continued to expand its balance sheet.
Customer deposits increased 25 per cent in June 2026 compared with the same month a year earlier, reaching more than Tk97,000 crore. Loans and advances rose 18 per cent to Tk76,000 crore.
Together, the growth pushed the bank’s total funds under management beyond Tk1.73 lakh crore, strengthening its position as one of the country’s largest private-sector lenders.
The bank also improved operational efficiency, cutting its cost-to-income ratio to 42 per cent in the first half of 2026 from 48 per cent a year earlier. The decline reflected tighter cost control, productivity improvements and continued digital transformation.
Asset quality, a key concern for the banking sector, also improved. The bank’s consolidated non-performing loan ratio fell to 2.03 per cent in June 2026 from 2.27 per cent in December 2025.
BRAC Bank’s consolidated earnings per share rose to Tk5.07 from Tk3.09, while net asset value per share increased to Tk49.38 on 30 June from Tk44.84 at the end of December 2025.
The bank reported a return on equity of 21.52 per cent and a return on assets of 1.67 per cent during the period.
BRAC Bank Managing Director and CEO Tareq Refat Ullah Khan said the results reflected customer confidence, disciplined execution and prudent governance.
“Continued customer confidence has enabled us to deliver growth well above the market while maintaining one of the industry’s strongest asset quality indicators,” he said.
The bank maintained balanced growth across corporate, SME and retail banking segments while focusing on sustainable expansion and risk management.
Since beginning operations in 2001, BRAC Bank has built a strong presence in SME financing. The bank currently operates through 315 branches and sub-branches, 330 ATMs, 446 SME unit offices and 1,119 agent banking outlets.
With more than two million customers, the bank has emerged as one of Bangladesh’s largest collateral-free SME financiers, while continuing to position governance, transparency and compliance as key elements of its growth strategy.
