Shahjalal Islami Bank’s profit jumps nearly 38% in 2022

Shahjalal Islami Bank Ltd's profit rose nearly 38 per cent year-on-year to Tk 357.66 crore in 2022

The profit stood at Tk 259.33 crore in 2021.

Thus, the Shariah-compliant bank's consolidated earnings per share rose to Tk 3.31 in 2022 from Tk 2.40 in 2021.

Its consolidated net asset value per share improved to Tk 20.32 in the last financial year from Tk 18.35 in 2021 while the consolidated net operating cash flow per share surged to Tk 3.62 from Tk 0.97 during the period.

Shahjalal Islami Bank's board of directors has recommended a 12 per cent cash dividend and a 3 per cent stock dividend for the year that ended on December 31.