Southeast Bank's profit surges 64pc in H1 on higher investment income, lower provisioning
Bangladesh, July 22 -- Southeast Bank's half-yearly profit surged nearly 64 per cent year-on-year to Tk 2.19 billion during January-June 2026, supported by strong investment income and reduced provisioning against loans.
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The second-generation commercial bank reported consolidated earnings per share (EPS) of Tk 1.64 for the first half of the year, compared with Tk 1.00 in the same period a year earlier, according to a price sensitive information disclosed on Tuesday.
The bank said the rise in earnings per share (EPS) was driven by increased investment income and lower loan provisioning compared with the same period a year earlier.
The lender benefited from investments in government securities, including Treasury bills and...
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