Business description: Eastern Bank PLC.

Eastern Bank Plc is a Bangladesh-based commercial bank. It operates in six segments: Domestic Banking Operation (DBO) that provides a range of commercial banking products and services offered by three business units: Corporate, Retail & SME Banking, and Treasury; Offshore Banking Operation (OBO) that offers loans, deposits and related banking transactions in freely convertible foreign currencies with corporate customers; EBL Securities Limited, which buys, sells and deals with capital market securities on behalf of customers and provides margin loan facilities; EBL Investments Limited that offers various merchant banking activities, such as issue management, underwriting, portfolio management and other transactions; EBL Finance (HK) Limited that deals with trade finance and off-shore banking business in Hong Kong, and EBL Asset Management Limited, which carries out business on asset management, portfolio management, capital market operation, equity investment, and financial services.

Number of employees: 4,428

Sales by Activity: Eastern Bank PLC.

Fiscal Period: December 2020 (BDT) 2021 (BDT) 2022 (BDT) 2023 (BDT) 2024 (BDT)

DBO (Domestic Banking Operation/Onshore Banking) - Conventional

- - - - 2.43TCr

OBO (Offshore Banking Operation)

40Cr -70Cr -8.4Cr -12Cr 25Cr

EBL Finance (HK) Limited (EBLFHKL)

16Cr 14Cr 17Cr 11Cr 9.8Cr

DBO (Domestic Banking Operation/Onshore Banking)

1.26TCr 1.52TCr 1.64TCr 1.92TCr -

DBO (Domestic Banking Operation/Onshore Banking) - Islamic

- - - - -1.8Cr

EBL Investments Limited (EBLIL)

1.3Cr 6.9Cr 4.2Cr 4.1Cr 4Cr

EBL Asset Management Limited (EBLAML)

2Cr 2.3Cr 2Cr 2Cr 1.2Cr

Elimination (Consol)

- -34Cr -24Cr -15Cr -3.4Cr

EBL Securities Limited (EBLSL)

12Cr 71Cr 67Cr 38Cr -5Cr

Geographical breakdown of sales: Eastern Bank PLC.

Fiscal Period: December 2020 (BDT) 2021 (BDT) 2022 (BDT) 2023 (BDT) 2024 (BDT)

Executive Committee: Eastern Bank PLC.

Manager TitleAgeSince
Chief Executive Officer 64 01/07/2004
Director of Finance/CFO - 01/08/2005
Chief Administrative Officer - -
Compliance Officer - 01/12/2018
Chief Tech/Sci/R&D Officer - -

Composition of the Board of Directors: Eastern Bank PLC.

Director TitleAgeSince
Chairman - 12/07/2013
Director/Board Member 68 28/03/2012
Chairman - 05/06/2018
Director/Board Member 57 01/01/2003
Director/Board Member 64 01/07/2004
Shariah Board Member - -
Director/Board Member - 01/01/2022
Shariah Board Member - -
Director/Board Member - 15/10/2014
Director/Board Member - 01/06/2014

Shareholders: Eastern Bank PLC.

NameEquities%Valuation
Borak Real Estate Pvt Ltd.
4.797 %
7,65,44,976 4.797 % 16 M BDT
Coloasia Ltd.
3.974 %
6,34,24,444 3.974 % 13 M BDT
Namreen Enterprise Ltd.
3.964 %
6,32,61,358 3.964 % 13 M BDT
3.211 %
5,12,43,168 3.211 % 11 M BDT
Purnima Construction Pvt Ltd.
3.021 %
4,82,07,391 3.021 % 10 M BDT

Company details: Eastern Bank PLC.

Eastern Bank Plc

100 Gulshan Avenue

1212, Dhaka

+880 9 6667 77325

http://www.ebl.com.bd
address Eastern Bank PLC.(EBL)

Commercial Banks

Change 5d. change 1-year change 3-years change Capi.($)
+1.15%+1.93%+20.70%+23.46% 34Cr
+0.18%+1.47%+31.12%+98.56% 33TCr
+0.73%+3.97%+11.90%+63.39% 11TCr
-2.44%-0.11%+18.38%+41.63% 8.03TCr
-0.80%-3.76%+19.47%+56.00% 6.55TCr
+1.34%+2.57%+16.28%+53.24% 5.8TCr
-0.32%-0.26%-6.46%+9.48% 5.77TCr
-0.33%-1.64%-20.05%-16.01% 5.48TCr
0.00%+0.49%+23.05%+24.94% 5.09TCr
+3.31%+6.09%+68.81%+178.50% 3.72TCr
Average +0.28%+0.70%+18.32%+53.32% 8.46TCr
Weighted average by Cap. +0.07%+0.96%+20.77%+67.72%
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
26.40BDT
Average target price
34.60BDT
Spread / Average Target
+31.06%

Net sales - Rate of surprise

  1. Stock Market
  2. Equities
  3. EBL Stock
  4. Company Eastern Bank PLC.