South Bangla Agriculture and Commerce Bank Limited reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported net interest income was BDT 511.07 million compared to BDT 274.07 million a year ago. Net income was BDT 156.31 million compared to BDT 328.69 million a year ago. Basic earnings per share from continuing operations was BDT 0.19 compared to BDT 0.396 a year ago.
For the nine months, net interest income was BDT 1,173.97 million compared to BDT 918.04 million a year ago. Net income was BDT 492.51 million compared to BDT 589.59 million a year ago. Basic earnings per share from continuing operations was BDT 0.6 compared to BDT 0.7129 a year ago.