Company · Initiation · 31 Oct 2026
Pubali Bank: fair value range BDT 17–39; bonds earned about BDT 12.3bn net of funding in FY2025 against 32bn from lending
Fair value range BDT 17–39 (base 30); the price of 42.9 is above the range. Deposits grew 21% in nine months and went into government bonds; yields on those bonds, rescheduled loans and the Tk2,000 crore cash-dividend rule decide value.
We put Pubali Bank's fair value at BDT 17–39, base 30 (probability-weighted 29.2), against a price of 42.9. Standalone net profit rose 42% to BDT 10.8bn in FY2025 and 76% to BDT 15.7bn in the nine months to September 2026, an EPS of 10.06 against…
Fair value ৳17–39 · price ৳42.90 (2026-10-29)