Uttara Bank’s profit falls 26% in July-September

Uttara Bank Limited's profit fell 26 per cent year-on-year to Tk 45.70 crore in the July-September quarter of 2022.

The private commercial bank's profit stood at Tk 61.79 crore during the same quarter in 2021.

Thus, it reported consolidated earnings per share of Tk 0.71 in July-September of 2022 against Tk 0.96 for July-September of 2021, according to the un-audited financial statements.

Uttara Bank's profit, however, rose 18 per cent year-on-year to Tk 192.47 crore in the January-September period this year. It was Tk 162.86 crore in the same period of 2021.

Thus, the consolidated EPS was Tk 2.99 for January-September in 2022 versus Tk 2.53 during the same period of 2021.

The consolidated net operating cash flow per share was Tk 15.13 in negative in January-September this year against Tk 17.10 in January-September last year.

The bank's consolidated net asset value per share was Tk 30.59 on September 30 this year and Tk 28.72 on the same day last year.