Dhaka Bank (DHA:DHAKABANK) ROE %: 9.41% (As of Mar. 2026) — Near Median


DHA:DHAKABANK Dhaka Bank PLC DHA:DHAKABANK
73 GF Score
Price BDT12.20
GF Value BDT13.31
Valuation Fairly Valued
! 2 Warning Signs
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What is Dhaka Bank ROE %?

Dhaka Bank DHA:DHAKABANK 73 ROE % is 9.41% as of Mar. 2026, which is 5% below its 10-year median of 9.86. GuruFocus rates DHA:DHAKABANK with a GF Score™ of 73/100 and a GF Value™ of BDT13.31 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,525 Banks companies, Dhaka Bank ranks better than 52% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Dhaka Bank's annualized net income for the quarter that ended in Mar. 2026 was BDT2,388 Mil. Dhaka Bank's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was BDT25,372 Mil. Therefore, Dhaka Bank's annualized ROE % for the quarter that ended in Mar. 2026 was 9.41%.

The historical rank and industry rank for Dhaka Bank's ROE % or its related term are showing as below:

DHA:DHAKABANK' s ROE % Range Over the Past 10 Years
Min: 5.68   Med: 9.86   Max: 11.74
Current: 10.42

During the past 13 years, Dhaka Bank's highest ROE % was 11.74%. The lowest was 5.68%. And the median was 9.86%.

DHA:DHAKABANK's ROE % is ranked better than
52% of 1525 companies
in the Banks industry
Industry Median: 10.22 vs DHA:DHAKABANK: 10.42

Dhaka Bank  (DHA:DHAKABANK) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2388.3/25372.028
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(2388.3 / 16275.476)*(16275.476 / 447916.8345)*(447916.8345 / 25372.028)
=Net Margin %*Asset Turnover*Equity Multiplier
=14.67 %*0.0363*17.654
=ROA %*Equity Multiplier
=0.53 %*17.654
=9.41 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=2388.3/25372.028
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (2388.3 / 4317.672) * (4317.672 / 16275.476) * (16275.476 / 447916.8345) * (447916.8345 / 25372.028)
= Tax Burden * Pretax Margin % * Asset Turnover * Equity Multiplier
= 0.5531 * 26.53 % * 0.0363 * 17.654
=9.41 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Dhaka Bank ROE % Related Terms


Dhaka Bank ROE % Historical Data

* Premium members only.

The historical data trend for Dhaka Bank's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dhaka Bank ROE % Chart

Dhaka Bank Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.58 7.88 7.61 5.68 11.74

Dhaka Bank Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.63 5.18 4.19 22.66 9.41

Dhaka Bank ROE % Competitor Comparison

For the Banks - Regional subindustry, Dhaka Bank's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dhaka Bank ROE % vs Banks Industry

For the Banks industry and Financial Services sector, Dhaka Bank's ROE % distribution charts can be found below:

* The bar in red indicates where Dhaka Bank's ROE % falls into.


DHA:DHAKABANK
73GF Score
Dhaka Bank PLC DHA:DHAKABANK
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dhaka Bank ROE % Calculation

Dhaka Bank's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2798.233/( (22687.693+24990.172)/ 2 )
=2798.233/23838.9325
=11.74 %

Dhaka Bank's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=2388.3/( (24990.172+25753.884)/ 2 )
=2388.3/25372.028
=9.41 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 9.41% mean?
Dhaka Bank (DHA:DHAKABANK) has a ROE % of 9.41% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dhaka Bank and its competitors. This is near median its historical median of 9.86. Over the past decade, Dhaka Bank's ROE % has ranged from 5.68 to 11.74. According to the industry distribution chart, Dhaka Bank ranks #732 out of 1525 companies in the Banks industry, placing it in the top 48%.
Is Dhaka Bank's ROE % too high?
Dhaka Bank's current ROE % of 9.41% is near median its 10-year median of 9.86. Over the past 10 years, this metric has ranged from a low of 5.68 to a high of 11.74. The Banks industry median ROE % is 10.22. Dhaka Bank's value of 9.41% is 7.9% below this industry median. Based on the distribution chart, Dhaka Bank ranks #732 out of 1525 companies in the Banks industry, which is above the industry midpoint. Overall, Dhaka Bank has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dhaka Bank's ROE % compare to competitors?
According to the Banks industry distribution chart, Dhaka Bank ranks #732 out of 1525 companies for ROE %. This puts Dhaka Bank in the upper half of its industry. The industry median ROE % is 10.22. Dhaka Bank's value of 9.41% is 7.9% below this benchmark. Historically, Dhaka Bank's own ROE % has ranged from 5.68 to 11.74 over the past decade. While the company's 10-year median is 9.86 vs. the industry median of 10.22, Dhaka Bank has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Banks company?
The median ROE % among Banks companies is 10.22, based on 1,525 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dhaka Bank's current ROE % of 9.41% is 7.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Dhaka Bank and its competitors. For the Banks industry, the median ROE % is 10.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dhaka Bank's current ROE % is 9.41%, which is near median its own 10-year median of 9.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dhaka Bank stock overvalued right now?
Based on GuruFocus' analysis, Dhaka Bank (DHA:DHAKABANK) is currently considered Fairly Valued. The stock's GF Value™ is BDT13.31, compared to a current price of BDT12.20 — trading 8.3% below its estimated fair value. The current ROE % is 9.41%, which is near median its 10-year median of 9.86 and 7.9% below the Banks industry median of 10.22. Dhaka Bank's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Dhaka Bank (DHA:DHAKABANK), the current ROE % is 9.41% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dhaka Bank (DHA:DHAKABANK) Overvalued in 2026?

Based on GuruFocus' analysis, Dhaka Bank stock appears to be undervalued. The current stock price of BDT12.20 is trading 8.3% below its estimated GF Value™ of BDT13.31. GuruFocus considers Dhaka Bank to be Fairly Valued.

Key valuation signals for DHA:DHAKABANK:

  • ROE %: 9.41% (near median its 10-year median of 9.86)
  • GF Value™: BDT13.31 vs. price of BDT12.20 (8.3% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 7.9% below the Banks median (#732 of 1525)

No single metric tells the full story. See the DHA:DHAKABANK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dhaka Bank Business Description

Address Bir Uttam A K Khandakar Road, Plot-CWS(C), 10, Gulshan-1, Dhaka, BGD, 1212
Dhaka Bank PLC offers a full range of banking and investment services for personal and corporate customers across different regions in Bangladesh. These services are mainly offered through its Branches, ATMs, ADMs, and Internet Banking Channels. The Group offers current accounts, savings accounts, fixed deposits, short-notice deposits, loans, non-financial services, and digital banking, among other related products and services. Its operating segments include Conventional Banking, which generates the maximum revenue, Islamic Banking, Offshore Banking Unit, Dhaka Bank Securities Limited, and Dhaka Bank Investment Limited.
73GF Score

Get the complete analysis for DHA:DHAKABANK

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT12.20
Price
BDT13.31
GF Value