Jamuna Bank’s profit goes up 9% in Q1

Jamuna Bank PLC reported higher profits in the first quarter of the 2025 financial year.

The private lender posted a consolidated profit of Tk 191.62 crore, up 9 percent year-on-year.

The bank's profit grew 18 percent year-on-year to Tk 279.59 crore in 2024.

For the January-March quarter of 2025, the bank's consolidated earnings per share (EPS) stood at Tk 2.04, up from Tk 1.86 (restated) in the same period a year earlier, according to a recent disclosure on the Dhaka Stock Exchange (DSE) website.

Its consolidated net operating cash flow per share (NOCFPS) rose to Tk 35.47 from Tk 28.87 (restated).

Jamuna Bank attributed the rise in NOCFPS to increased income from interest, fees, commission, and investments.

It also noted an increase in net asset value due to higher retained earnings and a revaluation reserve.

As of April 30, 2025, sponsors and directors held 45.16 percent of the company's shares, the public 49.85 percent, and the rest institutional and foreign investors, according to DSE data.

Established in 2001, Jamuna Bank operates 167 branches and 110 sub-branches across Bangladesh and is expanding its footprint through ATMs, agent banking outlets, and collection booths, as per its website.