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6 articles.
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Company · DSE:ISLAMICFIN · Financial Institutions · Analysis · 31 Oct 2026
Islamic Finance and Investment: 46.29% of investments classified, a BDT 620.7m deferred provision shortfall and a 1.75% capital adequacy ratio
An Islamic NBFI whose auditor added a material uncertainty related to going concern to the 2025 accounts. The 2025 profit of BDT 54.8m followed a BDT 343.9m provision write-back, net investment income was minus BDT 79.9m, and the DSE-announced NAV per share was BDT (0.22) at 30-Sep-2026.
Company · DSE:UNITEDFIN · Financial Institutions · Analysis · 31 Oct 2026
United Finance in 2025: 5.95% classified loans, a 9.24% cost of fund, 5.92% ROE and 94% of EPS paid out
A lease and term lender with BDT 20.7bn of loans, an 18.45% capital ratio and an unmodified audit opinion. Classified loans and the cost of fund were the highest of the 2021-2025 series in 2025; H1 2026 profit rose to BDT 50.3m from BDT 32.4m.
Company · DSE:BDFINANCE · Financial Institutions · Analysis · 31 Oct 2026
Bangladesh Finance: negative equity of BDT 5.32bn, interest expense 3.97 times interest income, and a 2025 profit built on provision write-backs
A Z-category finance company whose solo equity has been negative since 2024, whose net interest income was minus BDT 1,058.5m in 2025, and whose BDT 143.1m profit came from BDT 1,775.0m of general-provision reversals. The auditor added an emphasis of matter on going concern; the opinion is unmodified.
Company · DSE:NHFIL · Financial Institutions · Analysis · 31 Oct 2026
National Housing Finance: classified loans 9.88%, loan book down 6.0% in 2025, and treasury income 34% of operating income
A specialist home-loan company whose loan book has shrunk for three years, whose derived spread fell to 0.88pp in 2025, and whose 2025 profit of BDT 95m rested on a BDT 125m drop in provisions and a BDT 49.5m bond gain. Capital adequacy is 18.74%; BDT 222.5m sits with three NBFIs on Bangladesh Bank's wind-up list.
Company · DSE:LANKABAFIN · Financial Institutions · Analysis · 31 Oct 2026
LankaBangla Finance: NPL nearly doubled to 13.7% in 2024, and a BDT 4.3bn provision shortfall deferred by Bangladesh Bank equals 60% of solo equity
The 2024 accounts arrived ten months late with four emphasis-of-matter paragraphs, no dividend for the first time since listing, and a BB-approved deferral of BDT 4,265m of loan provisions. The FY2025 annual and every 2026 interim are still unfiled; the last filing is September 2025.
Company · DSE:DBH · Financial Institutions · Analysis · 31 Oct 2026
DBH Finance: 0.84% NPL and 30.7% capital, but the home-loan book has barely grown in eight years and the spread fell to 1.4pp
A lower NPL and higher capital ratio than IDLC, NHFIL and LankaBangla earns a declining return: ROE fell from 22% (2018) to 9.8% (2025) as equity piled up and deposit costs rose, treasury income carried 2025 profit, and in 2026 DBH shrank its balance sheet by 9% to cut funding costs.