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Southeast Bank’s Net Profit Rises 64% to Tk218.77 Crore in H1 2026

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The Daily Corporate Desk

Dhaka, July 21, 2026: Southeast Bank PLC reported a 64% year-on-year increase in consolidated net profit during the first half of 2026, driven by higher investment income and lower provisioning against loans and advances.

According to the bank’s Price Sensitive Information (PSI) approved at its board meeting on Tuesday, the bank posted a consolidated net profit of Tk218.77 crore for the January–June 2026 period, compared to Tk133.53 crore in the corresponding period of 2025.

The bank’s consolidated earnings per share (EPS) also improved significantly, rising to Tk1.64 in the first six months of 2026 from Tk1.00 during the same period last year.

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Southeast Bank attributed the strong earnings growth to an increase in investment income and a reduction in provisions maintained against loans and advances compared to the previous year.

The latest financial performance reflects the bank’s improved profitability during the first half of the year, supported by stronger investment returns and lower credit provisioning expenses.

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