National Bank posts bigger losses

TIMES Report
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Logo of National Bank PLC. Photo: Collected

National Bank PLC has reported a significant increase in losses for both the April-June and January-June periods of 2025, according to the bank’s disclosure to the Dhaka Stock Exchange.

The consolidated loss per share for April-June 2025 was Tk. 2.37, compared to a loss of Tk. 0.51 for the same period in 2024. For the January-June 2025 period, the consolidated loss per share stood at Tk. 3.06, down from Tk. 1.99 in the previous year.

The bank also posted a negative Consolidated Net Operating Cash Flow Per Share (NOCFPS) of Tk. 9.26 for January-June 2025, compared to Tk. 7.95 for the same period in 2024. Additionally, the bank’s consolidated Net Asset Value (NAV) per share as of June 30, 2025, was Tk. 1.19, a sharp decrease from Tk. 5.32 (restated) on June 30, 2024.

The bank attributed these negative results to challenges in its loan recovery process, particularly from defaulters, which led to a failure to book interest on loans and advances. Furthermore, National Bank incurred higher interest expenses on deposits and borrowings, contributing to an operating loss for the period.

National Bank’s shares, having a face value of Tk. 10, closed 2.63% lower at Tk. 3.7 on the Dhaka bourse on Wednesday. The results reflect significant deviations in key financial metrics such as loss per share, NAV, and NOCFPS, which have been impacted by the bank’s operational losses.

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