Uttara Bank PLC

The bank is facing a significant decline in profitability due to increased loan loss provisioning requirements mandated by central bank asset classification policies.

CONVENTIONAL BANK: total_loans_bdt (BDT 186,505 mn) = gross loans and advances from stockanalysis.com FY2024 balance sheet (Dec 31, 2024). Established 1965 as Eastern Banking Corporation Limited; nationalized 1972; privatized September 15, 1983; license_year set to 1983 (privatization year, when Bangladesh Bank regulatory framework applied). Paid-up capital: stockanalysis.com FY2024 shows common stock BDT 8,258 mn as of Dec 31, 2024; DSE page shows current (May 2026) paid-up capital BDT 9,702.69 mn reflecting issuance of 17.5% stock dividend for FY2024 (ex-date approximately May 2025 based on dividend record timing); paid_up_capital_bdt set to 8,258,000,000 representing Dec 31, 2024 position. Authorized capital BDT 15,000 mn per DSE page. Total assets BDT 281,465 mn, deposits BDT 213,251 mn, gross loans BDT 186,505 mn from stockanalysis FY2024 balance sheet. Note: SimplyWallSt (updated 2026-05-19) shows total assets BDT 342.7 bn which likely reflects FY2025 data (annual earnings through Dec 31, 2025 per SimplyWallSt note); Uttara Bank's FY2024 figure of BDT 281,465 mn is used here as the audited Dec 31, 2024 figure. Net profit BDT 4,784 mn confirmed by DSE (profit for year: BDT 4,784.34 mn), stockanalysis income statement, and multiple news articles (51% YoY growth). EPS BDT 5.79 confirmed by DSE and stockanalysis. NPL/bad loans ratio 5.7% from SimplyWallSt (analysis updated 2026-05-19 citing annual data through FY2024); prior-year figure was 5.46% as of Dec 2023 (Adda/Royal Capital equity report). Both set to npl_pct=5.7 with partial status as primary source (annual report PDF) was inaccessible. CAR: FY2023 was 15.5% (Adda/Royal Capital); FY2024 not retrieved from primary source; set to null. ROA/ROE not retrieved; equity report showed FY2023 ROE 13.9%. Investing.com income statement shows FY2025 net income 5,897 mn and FY2024 net income 4,784 mn (confirming FY2024 figure). Branches 249, sub-branches 47, ATMs 32, employees 3,746 per multiple secondary sources (Wikipedia, news search results). Agent banking outlets: not disclosed in accessible sources; set to null. Chairman Azharul Islam (Aftab Group founder): long-serving; appointed as Director from May 11, 2014 per MarketScreener; assumed chairmanship date not pinpointed; set to null in chairman_since. MD/CEO: Mohammed Rabiul Hossain (appointed 2016, LinkedIn) succeeded by Md. Abul Hashem; New Age article dated September 1, 2025 announces Hashem appointment; md_ceo_since set to 2025-08-31. Note: earlier search also surfaced 'Muhammad Khaled Bashar' as signatory on Q3 2025 financial statements -- this is likely the General Manager and CFO (Md. Abul Hashem per FE/New Age/DS articles is confirmed MD). Rating: ECRL AA / ST-2, valid until June 30, 2026, based on Dec 31, 2024 financials (per Bangladesh Bank ECAI scheduled bank ratings 2025-26 list); rating_as_of set to 2025-06-30 (date of ECRL rating issuance per search result). verification_status=partial because NPL ratio sourced from SimplyWallSt (not annual report), CAR not retrieved, ROA/ROE not retrieved, paid-up capital as-of-date conflict flagged, and chairman appointment date not confirmed. [2026-06-08 audit correction] Branch count corrected 249 -> 245 (Wikipedia). Paid-up capital 8,258M retained as correct for the Dec-2024 balance-sheet date.