UCB earnings jump more than 90% in Q2

United Commercial Bank (UCB) has reported a more than 90 percent increase in its earnings in the second quarter ended June 2021 as against the same quarter last year.

Its earnings per share (EPS) stood at Tk 0.79 in Q2, a jump of over 92 percent from Tk 0.41 recorded in the same period a year earlier, said the private sector lender in a filing with the Dhaka Stock Exchange on Sunday.

As of June 30, 2021, the company’s consolidated net assets value per share stood at Tk 30.35, it said.

There was no price movement of the bank’s shares following its Q2 results announcement. Its share price remained unchanged at Tk 16 on the DSE.