BRAC Bank PLC. announcements
410 Dhaka Stock Exchange announcements for BRAC Bank PLC. (BRACBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2024 (33).
- Disclosure Program on unaudited quarterly financial statements
The Company has informed that they will organize an earnings disclosure programme on its un-audited Third Quarter (Q3) Financial Statements for the period ended September 30, 2024 on November 11, 2024 at 08:00 PM through Digital Platform. The concerned shareholders, research analysts and financial reporters are welcome to participate in this event via live webcast facility at the web link https://meetbd.live/bracbankQ32024. (cont.) (Continuation news of BRACBANK): Questions may also be submitted via email to [email protected] on or by 04:00 PM of the above mention date. Name, Designation, Organization Name and Contact Numbers have to be included while sending the questions via email. (end)
- (Q3 Un-audited): Consolidated EPS was Tk. 1.97 for July-September, 2024 as against Tk. 1.22 for July-September, 2023; Co
(Q3 Un-audited): Consolidated EPS was Tk. 1.97 for July-September, 2024 as against Tk. 1.22 for July-September, 2023; Consolidated EPS was Tk. 4.92 for January-September, 2024 as against Tk. 2.97 for January-September, 2023. Consolidated NOCFPS was Tk. 49.51 for January-September, 2024 as against Tk. 25.10 for January-September, 2023. Consolidated NAV per share was Tk. 42.38 as on September 30, 2024 and Tk. 37.60 as on December 31, 2023. (cont.1)
- (Continuation news of BRACBANK): Reasons for deviations in EPS, NOCFPS and NAVPS: EPS has been increased due to higher p
(Continuation news of BRACBANK): Reasons for deviations in EPS, NOCFPS and NAVPS: EPS has been increased due to higher profit earned compared to the same period of last year (Q3-2023). The profits increased mainly for incremental investment income as well as commission & fees income etc. NOCFPS has been increased significantly for the reported period mainly for higher deposits mobilization from customers and bank\'s borrowing as well as the growth (cont.2)
The first part of this announcement is missing from the archive. - Q3 Financials
(Continuation news of BRACBANK): in the loan portfolio being lower compared to the same period of the previous year. NAVPS has been increased compared to the last year 2023 due to the combined impact of increase in net profit and revaluation reserve on govt. securities. (end)
The first part of this announcement is missing from the archive. - Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 28, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2024.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.41 for April-June 2024 as against Tk. 0.94 for April-June 2023; Consolidated EPS was Tk. 2.95 for January-June 2024 as against Tk. 1.75 for January-June 2023. Consolidated NOCFPS was Tk. 35.83 for January-June 2024 as against Tk. 19.61 for January-June 2023. Consolidated NAV per share was Tk. 39.95 as on June 30, 2024 and Tk. 37.60 as on December 31, 2023.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 29, 2024 at 03:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2024.
- Dividend Disbursement
The Company has informed that it has disbursed the Cash Dividend for the year ended December 31, 2023 to the respective shareholders.
- Credit Rating Result (Revised)
Refer to their earlier news disseminated by DSE on 30.06.2024 regarding credit rating result, Emerging Credit Rating Limited (ECRL) has resubmitted the credit rating as follows: Surveillance rating of the Company is "AAA" in the long term and "ST-1" in the short term along with a Stable outlook based on audited financial statements up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating.
- Credit Rating Result
Emerging Credit Rating Limited (ECRL) has affirmed Surveillance rating of the Company as "AAA" in the long term and "ST-2" in the short term along with a Stable outlook based on audited financial statements up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares for the year ended December 31, 2023 to the respective shareholders' BO Accounts.
- Bangladesh Bank's consent to purchase land
Refer to their earlier news disseminated by DSE on 25.02.2024 regarding decision to purchase land for Head Office building, the company has further informed that Bangladesh Bank has given consent on the same.
- Sale confirmation of Managing Director & CEO
Mr. Selim Reza Farhad Hussain, Managing Director & CEO of the Company, has completed his sale of 4,85,023 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. (DSE) as per declaration disseminated on 16.04.2024.
- Resumption after Record date
Trading of the shares of the company will resume on 20.05.2024.
- Suspension for record date
Trading of the shares of the company will remain suspended on record date i.e., 19.05.2024.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 15.05.2024 to 16.05.2024 and trading of the shares will remain suspended on record date i.e., 19.05.2024.
- BSEC consent for issuance of 10% stock dividend
Refer to their earlier news disseminated by DSE on 03.04.2024 and 06.05.2024, the company has further informed that Bangladesh Securities and Exchange Commission has given consent to issue 10% stock dividend for the year ended December 31, 2023 of the company. The record date for the entitlement of bonus share/stock dividend will be May 19, 2024.
- The Company has informed that they will organize an earnings disclosure program on its Audited Financial Statements for
The Company has informed that they will organize an earnings disclosure program on its Audited Financial Statements for the year ended December 31, 2023 and First Quarter (Q1) Un-Audited Financial Statements ended March 31, 2024 on Monday, May 13, 2024 at 8:00 PM through Digital Platform. The Valued Shareholders, Research Analysts and Financial Reporters can participate and ask questions at this event via live webcast facility at the web link: https://meetbd.live/bracbankfy23_q124. (cont.)
- Disclosure Program on annual audited & 1st quarter financial statements
(Continuation news of BRACBANK): Questions may also be submitted via email: [email protected] on or by 04:00 PM of the above mentioned date. Please include full name, designation, organization name and contact number while sending the question via email. (end)
The first part of this announcement is missing from the archive. - Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 1.70 for January-March 2024 as against Tk. 0.89 for January-March 2023. Consolidated NOCFPS was Tk. 34.49 for January-March 2024 as against Tk. 1.72 for January-March 2023. Consolidated NAV per share was Tk. 42.97 as on March 31, 2024 and Tk. 41.36 as on December 31, 2023.
- Resumption after record date
Trading of the shares of the company will resume on 08.05.2024.
- Suspension for record date
Trading of the shares of the company will remain suspended on record date i.e., 07.05.2024.
- Regarding stock dividend for the year ended December 31, 2023
Refer to their earlier news disseminated by DSE on 03.04.2024 regarding dividend declaration, the company has further informed that they are yet to receive the consent of "Stock Dividend" from Bangladesh Securities and Exchange Commission. The record date on May 07, 2024 of the company is applicable for only Cash Dividend and AGM of the company. The record date for "Stock Dividend" will be announced once consent is obtained from the Bangladesh Securities and Exchange Commission.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 05.05.2024 to 06.05.2024 and trading of the shares will remain suspended on record date i.e., 07.05.2024.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 07, 2024 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2024.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the surveillance entity rating of the Company as "AAA" in the long term and 'ST-1' in the short term along with Stable outlook based on audited financial statements as of up to December 31, 2023 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Sale Declaration of Managing Director & CEO
Mr. Selim Reza Farhad Hussain, Managing Director & CEO of the Company, has expressed his intention to sell 4,85,023 shares out of his total holding of 4,95,023 shares of the company at prevailing market price (in the Public Market) through Dhaka Stock Exchange PLC. (DSE) within next 30 working days.
- The Board of Directors has recommended 10\% cash and 10\% stock dividend for the year ended December 31, 2023. The propo
The Board of Directors has recommended 10\% cash and 10\% stock dividend for the year ended December 31, 2023. The proposed Bonus share is subject to approval of Bangladesh Securities and Exchange Commission. Date of AGM: 30.05.2024, Time: 11:00 AM, Venue: Digital Platform. Record Date: 07.05.2024. The Company has also reported Consolidated EPS of Tk. 4.73, Consolidated NAV per share of Tk. 41.36 and Consolidated NOCFPS of Tk. 40.76 for the year ended December 31, 2023 (cont.1)
- (Continuation news of BRACBANK): as against Tk. 3.75, Tk. 38.03 and Tk. 23.39 respectively for the year ended December 3
(Continuation news of BRACBANK): as against Tk. 3.75, Tk. 38.03 and Tk. 23.39 respectively for the year ended December 31, 2022. Reasons for declaration of stock dividend: i) Bonus shares have been recommended to strengthen the capital base of the Bank to support business growth. ii) Bonus shares have been declared out of the current year\'s profit. (cont.2)
The first part of this announcement is missing from the archive. - Dividend Declaration
(Continuation news of BRACBANK): iii) Bonus shares are not declared from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Company or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end)
The first part of this announcement is missing from the archive. - Price Limit Open
There will be no price limit on the trading of the shares of the Company today (03.04.2024) following its corporate declaration.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 02, 2024 at 2:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2023.
- Decision to purchase land for Head Office building
The company has informed that the Board of Directors has decided to purchase land for its Head Office building in Dhaka city; subject to the necessary approval from Bangladesh Bank. The total cost of the acquisition shall be approximately BDT 300 Crore (all inclusive).
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.