Financial Highlights

Annual Report 2023


Annual Report 2022 - PDF Version Annual Report 2023 - PDF


Annual Report 2022 - PDF Version Previous Annual Reports 



Synopsis of the Financial Statements of the Bank and Group 

for the three-month period ended 31 March 2024 

Table I
Key Financial Data

For the three-month period endedBankGroup
Mar 2024Mar 2023ChangeMar 2024Mar 2023Change
Rs MnRs Mn%Rs MnRs Mn%
Total Income115,490139,228(17.0)118,130140,933(16.2)
Profit before taxes on financial services12,5455,161143.113,0255,568133.9
Profit before taxation9,3403,330180.59,7393,746160.0
Provision/ (Reversal) for taxation4,2662120,497.44,425954,560.5
Profit after taxation5,0743,30953.35,3143,65145.6


As atMar 2024Dec 2023ChangeMar 2024Dec 2023Change
Rs MnRs Mn%Rs MnRs Mn%
Total assets4,281,5384,411,748(3.0)4,344,9654,467,760(2.7)
Shareholders fund 
(Capital & Reserves)
Net loans and advances2,077,9842,209,062(5.9)2,111,2492,240,611(5.8)


  • BoC Group financials reported a pre-tax profit of Rs. 9,739 million for the three-month period ended 31 March 2024 against Rs. 3,746 million compared to 1Q-2023. It is an increase of Rs. 5,993 million or 160.0 percent.
  • The Bank’s pre-tax profits stood at Rs. 9,340 million for the period under review while it was Rs. 3,330 million in 1Q-2023, an increase of Rs. 6,010 million or 180.5 percent.
  • In terms of post-tax profits, Bank’s results for the three-month period 31 March 2024 amounted to Rs. 5,074 million compared to Rs. 3,309 million reported in 1Q-2023, which reflects an increase of Rs. 1,765 million or 53.3 percent.

Table II
Key Financial Indicators 

Key Financial DataBankGroup
Mar 2024Dec 2023ChangeMar 2024Dec 2023Change
Return on average equity (ROE)8.010.6(2.6)7.810.1(2.3)
Return on average assets (ROA)0.90.9-0.90.9-
Interest margin2.
Capital Adequacy Ratio Tier 1 & 2 Capital (minimum required 14.00%)15.415.8(0.4)15.816.2(0.4)
Liquid assets ratio (Domestic) (minimum required 20%)43.442.80.6