Company · Initiation · 31 Oct 2026
Prime Bank: bonds earn 34% of gross income and falling yields set value; fair value BDT 7–39
Fair value BDT 7–39 (base 25) against a price of 29.4. Bond yields decide which end; a new rule bars cash dividends until paid-up capital reaches Tk2,000 crore.
We put Prime Bank's fair value at BDT 7–39, base 25 (probability-weighted 24.2), against a price of 29.4. Standalone profit rose 20% to BDT 8.9bn in FY2025 and 10.8% to BDT 6.8bn in the nine months to September 2026 (EPS 5.58). Reported net interest income…
Fair value ৳7–39 · price ৳29.40 (2026-10-29)