Company · Initiation · 31 Oct 2026
Eastern Bank: fair value range BDT 20–40; the Tk2,000 crore rule stops cash dividends while paid-up capital is Tk1,644 crore
Fair value range BDT 20–40 (base 29); the price of 23.7 sits in the lower half. Its investment income now exceeds net interest income (gross loan interest is still larger); funding cost, asset quality and a dividend year without cash decide value.
We put Eastern Bank's (EBL) fair value at BDT 20–40, base 29 (probability-weighted 29.6), against a price of 23.7. Standalone net profit rose 20% to BDT 9.0bn in FY2025 and 6% to BDT 6.64bn in the nine months to September 2026, an EPS of 4.04…
Fair value ৳20–40 · price ৳23.70 (2026-10-29)