Prime Bank PLC announces its first quarter (Q1) financial results for the period ended on 31 March 2025.

The bank’s board of directors adopted its Q1 unaudited financial statements at its meeting on Thursday, 24 April 2025.

According to a media release, the bank secured a 59% net profit after tax (NPAT) growth in Q1 2025 on a consolidated basis.

The NPAT was recorded at Tk 2.09 billion, compared to Tk 1.32 billion for the same period of the previous year. Earnings per share stood at Tk 1.85, compared to Tk 1.16 for the corresponding period.

Net Asset Value (NAV) per share and Net Operating Cash Flow per share (NOCFPS) were recorded as Tk 34.44 and Tk 13.43, respectively, in Q1, 2025, which were Tk 30.72 and Tk (1.19) in the same period of last year.

The bank’s total assets on a consolidated basis stood at Tk 576.33 billion at the end of March 2025, and loans and advances were Tk 336.23 billion. At the end of Q1 2025, Prime Bank’s Capital to Risk-Weighted Assets Ratio (CRAR) stood at 17.02%.