Company · Initiation · 31 Oct 2026
Uttara Bank: fair value BDT 13–34 hinges on a 13.5% sustainable ROE against a 15.3% cost of equity
Fair value range BDT 13–34 (base 22) against a price of 21.3. Deposits grew 41% in a year at rising cost, and paid-up capital of Tk1,213 crore bars cash dividends under the new Tk2,000 crore rule.
We put Uttara Bank PLC's fair value at BDT 13–34 a share, base 22 (probability-weighted 23.1), against a price of 21.3 on 29 October 2026. Uttara is a first-generation bank, nationalised in 1972 and privatised in 1983, with 250 branches. Its standalone net profit rose…
Fair value ৳13–34 · price ৳21.30 (2026-10-29)