Premier Bank posts Tk 541cr loss in Q3

Premier Bank Ltd reported a sharp loss in the July-September quarter as rising interest expenses eroded earnings.

The bank posted a consolidated loss of Tk 541 crore for the quarter, compared with a profit of Tk 54 crore in the same period a year earlier.

Consolidated loss per share stood at Tk 4.39, against earnings per share of Tk 0.44 in July-September 2024.

The bank said the decline was mainly due to higher interest expenses.

For the nine months to September, consolidated net operating cash flow per share (NOCFPS) was negative Tk 22.73, compared with negative Tk 4.66 in the same period of 2024.

The deterioration reflected lower interest income received in cash and higher interest paid, according to the financial statement.

As of September 30, 2025, sponsors and directors held 23.92 percent of the shares, institutions 22.06 percent, foreign investors 0.29 percent, and the public 53.73 percent.

The Premier Bank, incorporated in Bangladesh in June 1999, received its banking licence from Bangladesh Bank in the same month under the Banking Companies Act. Its head office is located in Banani, Dhaka.