Dhaka Bank PLC posted stronger second-quarter earnings in 2026, but the improvement was not enough to offset a weaker first-quarter performance as lower operating income, higher tax provisions and declining deposits weighed on half yearly results.
The bank’s consolidated earnings per share (EPS) rose 31.0 per cent year-on-year to Tk0.38 in the April-June quarter, compared with Tk0.29 in the same period a year earlier, according to a disclosure on Sunday.
However, for the January-June period, consolidated EPS declined 12.8 per cent to Tk0.95 from Tk1.09 a year earlier. The bank said the fall was mainly driven by a decline in operating income and an increase in income tax provisions during the period.
The pressure was also reflected in cash generation. Dhaka Bank’s consolidated net operating cash flow per share dropped to negative Tk10.43 in the first half of 2026 from positive Tk23.09 in the same period last year, indicating weaker cash flows from core banking operations.
The bank attributed the deterioration in operating cash flow to a decline in deposits during the reporting period.
Despite earnings pressure, the bank’s consolidated net asset value per share improved 4.1 per cent to Tk23.46 as of 30 June, compared with Tk22.54 a year earlier, suggesting an increase in underlying book value.
Investors reacted cautiously to the results, with Dhaka Bank shares declining 1.64 per cent to Tk12.00 on the Dhaka Stock Exchange on Sunday.
