Income Statement Investment Corporation of Bangladesh

Stocks

ICB

BD0151ICB005

Investment Banking & Brokerage Services

End-of-day quote Dhaka S.E. 2026-09-17			5-day change	1st Jan Change
39.30 ^BDT	0.00%		-0.76%	+8.56%

04-28	Investment Corporation of Bangladesh Reports Earnings Results for the Third Quarter and Nine Months Ended March 31, 2026	CI
01-27	Investment Corporation of Bangladesh Reports Earnings Results for the Second Quarter and Six Months Ended December 31, 2025	CI

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Published financial data: INVESTMENT CORPORATION OF BANGLADESH

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021 (BDT)	2022 (BDT)	2023 (BDT)	2024 (BDT)	2025 (BDT)
Interest and Dividend Income, Total	6.99B	6.45B	6.27B	5.7B	4.94B
Interest Expense, Total	9.7B	8.14B	8.09B	9.06B	9.42B
Net Interest Income	-2.71B	-1.7B	-1.82B	-3.36B	-4.48B
Brokerage Commission	1.77B	2.27B	1.84B	1.58B	1.49B
Gain (Loss) on Sale of Assets, Total (Rev)	8.87B	7.67B	4.04B	3.64B	2.07B
Other Revenues, Total	-	-	-	13.22K	79.06K
Revenues Before Provison For Loan Losses	7.92B	8.24B	4.07B	1.85B	-923M
Provision For Loan Losses	37.28M	255M	358M	-301M	1.96B
Total Revenues	7.89B	7.98B	3.71B	2.15B	-2.88B
Salaries And Other Employee Benefits	1.43B	1.14B	1.05B	973M	965M
Cost of Services Provided, Total	438M	436M	332M	343M	370M
Other Operating Expenses	3.04B	1.2B	2.2M	479M	6.18B
Total Operating Expenses	4.92B	2.77B	1.39B	1.8B	7.51B
Operating Income	2.97B	5.22B	2.32B	358M	-10.4B
Other Non Operating Income (Expenses)	3.47M	-4.53M	-4.48M	-3.25M	22.94M
EBT, Excl. Unusual Items	2.97B	5.21B	2.32B	355M	-10.37B
Gain (Loss) on Sale of Investments	-775M	-2.69B	-153M	-17.13M	-51.82M
Gain (Loss) on Sale of Assets	802K	750	261K	-	-
Other Unusual Items	-	-	-	-	-
EBT, Incl. Unusual Items	2.2B	2.52B	2.16B	338M	-10.43B
Income Tax Expense	1.05B	1.08B	1.39B	10.89M	1.71B
Earnings From Continuing Operations	1.15B	1.45B	776M	327M	-12.14B
Net Income to Company	1.15B	1.45B	776M	327M	-12.14B
Minority Interest	-3.63K	-4.88K	-531	-453	-346
Net Income - (IS)	1.15B	1.45B	776M	327M	-12.14B
Net Income to Common Incl Extra Items	1.15B	1.45B	776M	327M	-12.14B
Net Income to Common Excl. Extra Items	1.15B	1.45B	776M	327M	-12.14B
Per Share Items
Net EPS - Basic	1.33	1.67	0.89	0.38	-14
Basic EPS - Continuing Operations	1.33	1.67	0.89	0.38	-14
Basic Weighted Average Shares Outstanding	867M	867M	867M	867M	867M
Net EPS - Diluted	1.33	1.67	0.89	0.38	-14
Diluted EPS - Continuing Operations	1.33	1.67	0.89	0.38	-14
Diluted Weighted Average Shares Outstanding	867M	867M	867M	867M	867M
Normalized Basic EPS	2.14	3.76	1.67	0.26	-7.48
Normalized Diluted EPS	2.14	3.76	1.67	0.26	-7.48
Dividend Per Share	1.02	0.46	0.24	0.2	-
Payout Ratio	24.25	24.18	48.75	65.11	-7.62
Supplemental Items
Effective Tax Rate - (Ratio)	47.58	42.68	64.12	3.23	-16.43
Total Current Taxes	1.05B	1.07B	1.4B	806M	1.1B
Total Deferred Taxes	-3.5M	9.65M	-11.37M	-795M	608M
Normalized Net Income	1.86B	3.26B	1.45B	222M	-6.48B
Non-Cash Pension Expense	23.9M	23.26M	27.75M	20.21M	23.89M

Fiscal Period: June	2021 (BDT)	2022 (BDT)	2023 (BDT)	2024 (BDT)	2025 (BDT)
Assets
Cash And Equivalents	16.71B	11.58B	10.93B	11.64B	10.82B
Accounts Receivable, Total	1.19B	1.02B	1.06B	859M	688M
Other Receivables	33.57B	30.83B	28B	26.89B	29.88B
Gross Property Plant And Equipment	1.77B	1.82B	2.11B	2.45B	2.84B
Accumulated Depreciation	-822M	-998M	-1.13B	-1.27B	-1.41B
Net Property Plant And Equipment	943M	821M	988M	1.18B	1.43B
Other Intangibles, Total	20.07M	18.07M	15.05M	13.5M	14.17M
Investment In Debt and Equity Securities	140B	140B	140B	142B	150B
Other Current Assets, Total	7.39B	8.34B	9.36B	10.19B	5.79B
Deferred Tax Assets Long-Term (Collected)	28.11M	18.46M	29.83M	825M	217M
Other Long-Term Assets, Total	462M	379M	202M	137M	80.79M
Total Assets	201B	193B	191B	194B	199B
Liabilities
Accrued Expenses, Total	4.53B	-	7.3B	10.28B	11.74B
Short-Term Borrowings	6.28B	4.97B	3.57B	3.28B	30.15B
Current Portion of Leases	107M	-	101M	101M	58.33M
Long-Term Debt	20.08B	20.57B	21.17B	20.14B	19.73B
Long-Term Leases	61.71M	-	174M	174M	12.33M
Current Income Taxes Payable	2.32B	-	3.27B	3.99B	2.45B
Other Current Liabilities - (Brok / FS / Ins. / REIT Template)	104B	93.28B	88.98B	84.87B	72.54B
Pension & Other Post Retirement Benefits	83.03M	-	201M	220M	193M
Other Non Current Liabilities	18.78B	29.12B	20.61B	25.45B	29.4B
Total Liabilities	156B	148B	145B	149B	166B
Common Stock, Total	8.06B	8.06B	8.46B	8.67B	8.67B
Additional Paid In Capital	7.36B	7.36B	7.36B	7.36B	7.36B
Retained Earnings	16.55B	16.94B	15.24B	14.89B	2.25B
Comprehensive Income and Other	12.34B	12.44B	14.08B	14.14B	14.2B
Total Common Equity	44.3B	44.8B	45.13B	45.05B	32.48B
Minority Interest	65.92K	66.45K	5.36K	7.99K	5.97K
Total Equity	44.3B	44.8B	45.13B	45.05B	32.48B
Total Liabilities And Equity	201B	193B	191B	194B	199B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	867M	867M	867M	867M	867M
ECS Total Common Shares Outstanding	867M	867M	867M	867M	867M
Book Value / Share	51.08	51.65	52.04	51.95	37.45
Tangible Book Value	44.28B	44.78B	45.12B	45.04B	32.47B
Tangible Book Value Per Share	51.06	51.63	52.02	51.93	37.44
Total Debt	26.53B	25.54B	25.01B	23.7B	49.95B
Net Debt	9.81B	13.96B	14.08B	12.06B	39.13B
Full Time Employees	973	936	927	941	930

Fiscal Period: June	2021 (BDT)	2022 (BDT)	2023 (BDT)	2024 (BDT)	2025 (BDT)
Net Income	1.15B	1.45B	776M	327M	-12.14B
Depreciation, Depletion & Amortization	188M	175M	162M	155M	150M
Total Depreciation, Depletion & Amortization	188M	175M	162M	155M	150M
Amortization of Deferred Charges, Total	2.72M	2.54M	2.53M	2.56M	2.85M
(Gain) Loss On Sale of Asset - (CF)	-802K	-750	-261K	-	-
(Gain) Loss on Sale of Investments - (CF)	775M	2.69B	153M	17.13M	51.82M
Total Asset Writedown	2.79B	886M	-193M	173M	5.86B
Provision for Credit Losses	37.28M	255M	358M	-301M	1.96B
Change in Other Net Operating Assets (Collected)	-3.82B	-7.13B	-4.75B	971M	10.71B
Other Operating Activities	-535M	950M	4.62B	2.3B	2.35B
Cash from Operations	588M	-726M	1.12B	3.64B	8.94B
Capital Expenditure	-104M	-	-26.63M	-324M	-397M
Sale of Property, Plant, and Equipment	-	125M	-	-	-
Investment in Marketable and Equity Securities, Total	5.26B	-1.09B	-176M	-1.39B	-8.03B
Other Investing Activities, Total	1	-	1	-	-
Cash from Investing	5.16B	-961M	-203M	-1.72B	-8.43B
Long-Term Debt Issued, Total	-	-	-	-	-
Total Debt Issued	-	-	-	-	-
Long-Term Debt Repaid, Total	-	-3.1B	-1.19B	-1B	-410M
Total Debt Repaid	-	-3.1B	-1.19B	-1B	-410M
Common Dividends Paid	-280M	-350M	-378M	-213M	-925M
Common & Preferred Stock Dividends Paid	-280M	-350M	-378M	-213M	-925M
Other Financing Activities, Total	-	-	-	1	-
Cash from Financing	-280M	-3.45B	-1.56B	-1.22B	-1.34B
Miscellaneous Cash Flow Adjustments	-	-	-1	-2	-
Net Change in Cash	5.46B	-5.14B	-643M	709M	-823M
Supplemental Items
Cash Interest Paid	11.97B	8.39B	5.04B	6.57B	8.11B
Net Debt Issued / Repaid	-	-3.1B	-1.19B	-1B	-410M

Fiscal Period: June	2021 (BDT)	2022 (BDT)	2023 (BDT)	2024 (BDT)	2025 (BDT)
Profitability
Return on Assets	0.57	0.73	0.4	0.17	-6.19
Return On Equity %	2.62	3.25	1.73	0.72	-31.31
Return on Common Equity	2.62	3.25	1.73	0.72	-31.31
Margin Analysis
Gross Profit Margin %	94.98	95.11	92.12	86.17	111.36
SG&A Margin	18.72	14.79	29.49	47.3	-34.94
Income From Continuing Operations Margin %	14.62	18.11	20.92	15.17	420.89
Net Income Margin %	14.62	18.11	20.92	15.17	420.89
Net Avail. For Common Margin %	14.62	18.11	20.92	15.17	420.89
Normalized Net Income Margin	23.57	40.8	39.03	10.29	224.82
Asset Turnover
Asset Turnover	0.04	0.04	0.02	0.01	-0.01
Short Term Liquidity
Current Ratio	0.5	0.53	0.48	0.48	0.4
Quick Ratio	0.44	0.44	0.39	0.38	0.35
Operating Cash Flow to Current Liabilities	0.01	-0.01	0.01	0.04	0.08
Long Term Solvency
Total Debt/Equity	59.88	57.01	55.42	52.61	153.79
Total Debt / Total Capital	37.45	36.31	35.66	34.47	60.6
LT Debt/Equity	45.46	45.92	47.28	45.1	60.79
Long-Term Debt / Total Capital	28.43	29.25	30.42	29.55	23.95
Total Liabilities / Total Assets	77.93	76.76	76.31	76.72	83.66
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	178.18	1.24	-53.56	-41.91	-233.88
Gross Profit, 1 Yr. Growth %	185.57	1.38	-55.02	-45.66	-273.01
Earnings From Cont. Operations, 1 Yr. Growth %	103.49	25.35	-46.34	-57.88	-3.81K
Net Income, 1 Yr. Growth %	103.49	25.35	-46.34	-57.88	-3.81K
Normalized Net Income, 1 Yr. Growth %	137.01	75.23	-55.58	-84.68	-3.02K
Diluted EPS Before Extra, 1 Yr. Growth %	103.49	25.35	-46.34	-57.88	-3.81K
Common Equity, 1 Yr. Growth %	1.58	1.12	0.75	-0.18	-27.91
Total Assets, 1 Yr. Growth %	-0.23	-3.97	-1.16	1.6	2.68
Tangible Book Value, 1 Yr. Growth %	1.59	1.12	0.76	-0.17	-27.92
Cash From Operations, 1 Yr. Growth %	-42.66	-223.6	-254.71	224.11	145.43
Capital Expenditures, 1 Yr. Growth %	-	-	-	1.12K	22.26
Dividend Per Share, 1 Yr. Growth %	130.98	-54.54	-47.5	-18	-
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	63.24	67.82	-31.43	-48.06	-11.81
Gross Profit, 2 Yr. CAGR %	65.94	70.15	-32.47	-50.56	-3.04
Earnings From Cont. Operations, 2 Yr. CAGR %	38.49	59.71	-17.98	-52.46	295.55
Net Income, 2 Yr. CAGR %	38.49	59.71	-17.98	-52.46	295.55
Normalized Net Income, 2 Yr. CAGR %	63.54	103.8	-11.77	-73.91	111.67
Diluted EPS Before Extra, 2 Yr. CAGR %	38.49	59.71	-17.98	-52.46	295.55
Common Equity, 2 Yr. CAGR %	1.45	1.35	0.93	0.29	-15.17
Total Assets, 2 Yr. CAGR %	1.05	-2.12	-2.58	0.21	2.14
Tangible Book Value, 2 Yr. CAGR %	1.43	1.35	0.94	0.29	-15.17
Cash From Operations, 2 Yr. CAGR %	67.28	-15.82	38.29	123.93	182.04
Capital Expenditures, 2 Yr. CAGR %	-	-	-49.45	-	285.9
Dividend Per Share, 2 Yr. CAGR %	-	2.47	-51.15	-34.39	-
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-0.89	39.21	9.36	-35.12	-28.78
Gross Profit, 3 Yr. CAGR %	-1.41	40.81	9.2	-37.19	-24.94
Earnings From Cont. Operations, 3 Yr. CAGR %	-34.81	33.97	11.03	-34.32	103.25
Net Income, 3 Yr. CAGR %	-34.81	33.97	11.03	-34.32	103.25
Normalized Net Income, 3 Yr. CAGR %	-20.78	67.35	22.65	-50.77	25.79
Diluted EPS Before Extra, 3 Yr. CAGR %	-34.81	33.97	11.03	-34.32	103.25
Common Equity, 3 Yr. CAGR %	5.2	1.34	1.15	0.56	-10.16
Total Assets, 3 Yr. CAGR %	5.47	-0.65	-1.8	-1.2	1.03
Tangible Book Value, 3 Yr. CAGR %	5.19	1.33	1.16	0.57	-10.16
Cash From Operations, 3 Yr. CAGR %	-31.69	51.23	3.12	83.69	130.88
Capital Expenditures, 3 Yr. CAGR %	-	-	-	46	-
Dividend Per Share, 3 Yr. CAGR %	-23.67	-	-18.01	-41.94	-
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	8.35	-2.22	-14.47	-6.16	0.34
Gross Profit, 5 Yr. CAGR %	8.12	-2.45	-15.26	-7.36	4.13
Earnings From Cont. Operations, 5 Yr. CAGR %	-19.08	-20.72	-28.54	-11.48	84.57
Net Income, 5 Yr. CAGR %	-19.08	-20.72	-28.54	-11.48	84.57
Normalized Net Income, 5 Yr. CAGR %	-4.96	-2.19	-17.29	-20.43	52.57
Diluted EPS Before Extra, 5 Yr. CAGR %	-19.08	-20.72	-28.54	-11.48	84.57
Common Equity, 5 Yr. CAGR %	3.37	-1.88	3.47	0.92	-5.72
Total Assets, 5 Yr. CAGR %	8.45	1.91	2.17	-0.31	-0.24
Tangible Book Value, 5 Yr. CAGR %	3.36	-1.89	3.47	0.91	-5.72
Cash From Operations, 5 Yr. CAGR %	-53.64	-53.8	-9.43	76.94	54.21
Capital Expenditures, 5 Yr. CAGR %	-11.81	-	-	-	-
Dividend Per Share, 5 Yr. CAGR %	-14.13	-26.66	-36.15	-	-