Dhaka, July 1 -- Earnings per share (EPS) of most of the listed banks marked rise in the first quarter (Q1) for January-March, 2020 compared to the same quarter of the previous year despite Covid-19 pandemic.

EPS is the portion of a company's profit that is allocated to every individual stock. In short, it serves as an indicator of a company's profitability.

Of the 30 banks listed on the Dhaka Stock Exchange, 27 have disclosed their January-March, 2020 earnings as of Tuesday.

According to the un-audited financial statements for January-March, 2020, the consolidated EPS of 19 banks surged while seven banks' EPS declined and one remained unchanged.

Banking sector insiders said most banks' EPS rose in January-March, 2020 due to increase ...