BRAC Bank (BRACBANK) Q3 2025 earnings summary

Executive summary

• Record Q3 2025 performance across retail, SME and wholesale banking despite subdued economic conditions and policy headwinds.

• YTD Q3'25 consolidated operating income rose 34% to BDT 6,136 Cr; consolidated PAT increased 52% to BDT 1,536 Cr and EPS rose 39% to BDT 6.09.

• Strong deposit growth and asset momentum supported results, while credit risk metrics worsened in several lending segments.

• Diversified operations, disciplined risk management and bKash supported resilience and profitability.

Financial highlights

• Consolidated YTD Q3'25 investment income rose 73% to BDT 3,394 Cr; net interest income declined 7% to BDT 1,169 Cr.

• Consolidated YTD Q3'25 operating profit increased 47% to BDT 2,870 Cr; provisions rose 66% to BDT 494 Cr and profit before tax rose 44% to BDT 2,375 Cr.

• Solo PAT rose 28% to BDT 1,055 Cr, with solo EPS up 28% to BDT 5.30; net profit attributable to equity holders was BDT 12.1 billion, up 39%.

• Consolidated assets reached BDT 125,476 Cr (+26% YoY), deposits BDT 93,772 Cr (+30%) and loans and advances BDT 67,572 Cr (+18%).

• Q3 revenue rose 31% YoY, while profit after tax increased 28%; group profit after tax increased 52%, driven by bKash.

Outlook and guidance

• A policy rate cut was expected in FY-H1'26; the IMF's sixth tranche of ~USD 800 Mn was expected after the Feb'26 national election.

• Anticipated policy rate cuts and post-election recovery in 2026 are expected to support credit demand; continued deposit and loan growth, especially in SME and retail, is expected.

• No immediate capital raising is required; equity issuance is planned for early 2028 to support future growth.

• Stable outlook highlighted, with strong liquidity, profitability and capital adequacy trends; focus remains on asset quality and digital transformation.