Tillkännagivande • May 06
Eastern Insurance PLC. to Report Q1, 2026 Results on May 13, 2026 Eastern Insurance PLC. announced that they will report Q1, 2026 results on May 13, 2026 Tillkännagivande • May 05
Eastern Insurance plc announces Annual dividend, payable on August 13, 2026 Eastern Insurance plc announced Annual dividend of BDT 1.5000 per share payable on August 13, 2026, ex-date on June 17, 2026 and record date on June 16, 2026. Tillkännagivande • May 04
Eastern Insurance PLC., Annual General Meeting, Jul 14, 2026 Eastern Insurance PLC., Annual General Meeting, Jul 14, 2026, at 11:30 Central Asia Standard Time. Tillkännagivande • Apr 20
Eastern Insurance PLC. to Report Fiscal Year 2025 Results on Apr 30, 2026 Eastern Insurance PLC. announced that they will report fiscal year 2025 results on Apr 30, 2026 Tillkännagivande • Oct 27
Eastern Insurance Company Limited to Report Q3, 2025 Results on Oct 30, 2025 Eastern Insurance Company Limited announced that they will report Q3, 2025 results on Oct 30, 2025 Tillkännagivande • Jul 21
Eastern Insurance Company Limited to Report Q2, 2025 Results on Jul 23, 2025 Eastern Insurance Company Limited announced that they will report Q2, 2025 results on Jul 23, 2025 Tillkännagivande • May 07
Eastern Insurance Company Limited to Report Q1, 2025 Results on May 12, 2025 Eastern Insurance Company Limited announced that they will report Q1, 2025 results on May 12, 2025 Tillkännagivande • Apr 30
Eastern Insurance Company Limited announces Annual dividend, payable on August 13, 2025 Eastern Insurance Company Limited announced Annual dividend of BDT 1.5000 per share payable on August 13, 2025, ex-date on May 28, 2025 and record date on May 27, 2025. Tillkännagivande • Apr 29
Eastern Insurance Company Limited, Annual General Meeting, Jul 14, 2025 Eastern Insurance Company Limited, Annual General Meeting, Jul 14, 2025, at 11:30 Central Asia Standard Time. Tillkännagivande • Apr 23
Eastern Insurance Company Limited to Report Fiscal Year 2024 Results on Apr 28, 2025 Eastern Insurance Company Limited announced that they will report fiscal year 2024 results on Apr 28, 2025 Valuation Update With 7 Day Price Move • Nov 01
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ৳47.60, the stock trades at a trailing P/E ratio of 77.4x. Average trailing P/E is 15x in the Insurance industry in Bangladesh. Total loss to shareholders of 57% over the past three years. Tillkännagivande • Oct 24
Eastern Insurance Company Limited to Report Q3, 2024 Results on Oct 29, 2024 Eastern Insurance Company Limited announced that they will report Q3, 2024 results on Oct 29, 2024 Tillkännagivande • Oct 03
Eastern Insurance Company Limited Appoints Hasan Tarek as Chief Executive Officer Eastern Insurance Company Limited informed that as per the decision of the Board of Directors of the company and subsequent approval of IDRA, Mr. Hasan Tarek has been appointed as Chief Executive Officer of the company with effect from October 01, 2024. Reported Earnings • Aug 02
Second quarter 2024 earnings released: EPS: ৳1.11 (vs ৳0.59 in 2Q 2023) Second quarter 2024 results: EPS: ৳1.11 (up from ৳0.59 in 2Q 2023). Revenue: ৳106.7m (up 75% from 2Q 2023). Net income: ৳48.0m (up 89% from 2Q 2023). Profit margin: 45% (up from 42% in 2Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ৳52.90, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 21x in the Insurance industry in Bangladesh. Total loss to shareholders of 53% over the past three years. Upcoming Dividend • May 26
Upcoming dividend of ৳2.00 per share Eligible shareholders must have bought the stock before 02 June 2024. Payment date: 01 September 2024. Payout ratio is on the higher end at 97%, and the cash payout ratio is above 100%. Trailing yield: 4.9%. Within top quartile of Bangladeshi dividend payers (4.4%). Higher than average of industry peers (3.1%). Declared Dividend • May 02
Dividend of ৳2.00 announced Shareholders will receive a dividend of ৳2.00. Ex-date: 2nd June 2024 Payment date: 1st September 2024 Dividend yield will be 4.1%, which is higher than the industry average of 2.5%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio) nor is it covered by cash flows (dividend approximately 66x free cash flows). The dividend has increased over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 7.3% to bring the payout ratio under control. However, EPS has declined by 9.8% over the last 5 years so the company would need to reverse this trend. Tillkännagivande • Apr 26
Eastern Insurance Company Limited to Report Fiscal Year 2023 Results on Apr 29, 2024 Eastern Insurance Company Limited announced that they will report fiscal year 2023 results on Apr 29, 2024 Valuation Update With 7 Day Price Move • Jan 01
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳74.40, the stock trades at a trailing P/E ratio of 32.6x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total loss to shareholders of 20% over the past three years. Tillkännagivande • Dec 21
Eastern Insurance Company Limited Appoints Kazi Farhana as the Company Secretary Eastern Insurance Company Limited announced that the management has decided to assign Ms. Kazi Farhana as the Company Secretary of the Company along with her existing responsibility as Head of HRD with immediate effect. Reported Earnings • Nov 23
Third quarter 2023 earnings released Third quarter 2023 results: Revenue: ৳90.1m (down 34% from 3Q 2022). Net income: ৳25.6m (down 33% from 3Q 2022). Profit margin: 28% (in line with 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 17% per year. Valuation Update With 7 Day Price Move • Nov 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ৳76.20, the stock trades at a trailing P/E ratio of 29.6x. Average trailing P/E is 23x in the Insurance industry in Bangladesh. Total loss to shareholders of 23% over the past three years. Tillkännagivande • Oct 28
Eastern Insurance Company Limited to Report Q3, 2023 Results on Oct 31, 2023 Eastern Insurance Company Limited announced that they will report Q3, 2023 results on Oct 31, 2023 Valuation Update With 7 Day Price Move • Oct 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ৳54.50, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 22x in the Insurance industry in Bangladesh. Total loss to shareholders of 27% over the past three years. Valuation Update With 7 Day Price Move • Sep 08
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ৳63.20, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 23x in the Insurance industry in Bangladesh. Total loss to shareholders of 33% over the past three years. New Risk • Aug 13
New major risk - Revenue and earnings growth Earnings have declined by 6.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (160% cash payout ratio). Share price has been volatile over the past 3 months (8.3% average weekly change). Revenue is less than US$5m (৳404m revenue, or US$3.7m). Market cap is less than US$100m (৳2.14b market cap, or US$19.6m). New Risk • Aug 04
New major risk - Revenue and earnings growth Earnings have declined by 6.0% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 6.0% per year over the past 5 years. Minor Risks Dividend is not well covered by cash flows (160% cash payout ratio). Share price has been volatile over the past 3 months (8.4% average weekly change). Revenue is less than US$5m (৳404m revenue, or US$3.7m). Market cap is less than US$100m (৳2.24b market cap, or US$20.6m). Tillkännagivande • Jul 26
Eastern Insurance Company Limited to Report Q2, 2023 Results on Jul 27, 2023 Eastern Insurance Company Limited announced that they will report Q2, 2023 results on Jul 27, 2023 Reported Earnings • Jul 14
Full year 2022 earnings released: EPS: ৳3.03 (vs ৳4.54 in FY 2021) Full year 2022 results: EPS: ৳3.03 (down from ৳4.54 in FY 2021). Revenue: ৳437.6m (down 21% from FY 2021). Net income: ৳130.5m (down 33% from FY 2021). Profit margin: 30% (down from 36% in FY 2021). The decrease in margin was driven by lower revenue. Combined ratio: 56.4% (up from 54.8% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has increased by 2% per year. New Risk • Jun 08
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Bangladeshi stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Revenue is less than US$5m (৳434m revenue, or US$4.0m). Market cap is less than US$100m (৳2.26b market cap, or US$20.9m). Upcoming Dividend • May 24
Upcoming dividend of ৳2.20 per share at 4.1% yield Eligible shareholders must have bought the stock before 31 May 2023. Payment date: 27 August 2023. Payout ratio is a comfortable 54% and this is well supported by cash flows. Trailing yield: 4.1%. Within top quartile of Bangladeshi dividend payers (3.4%). Higher than average of industry peers (2.6%). Valuation Update With 7 Day Price Move • May 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ৳55.60, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 18x in the Insurance industry in Bangladesh. Total returns to shareholders of 3.7% over the past year. Tillkännagivande • May 09
Eastern Insurance Company Limited Announces Election of A.S.M. Waheeduzzaman as the Chairman Eastern Insurance Company Limited informed that the Board of Directors has elected Mr. A.S.M. Waheeduzzaman as the Chairman of the company with effect from April 12, 2023. Reported Earnings • Jul 16
Full year 2021 earnings released: EPS: ৳5.43 (vs ৳3.89 in FY 2020) Full year 2021 results: EPS: ৳5.43 (up from ৳3.89 in FY 2020). Revenue: ৳527.0m (up 23% from FY 2020). Net income: ৳234.2m (up 40% from FY 2020). Profit margin: 44% (up from 39% in FY 2020). The increase in margin was driven by higher revenue. Combined ratio: 54.8% (up from 40.4% in FY 2020). Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 10% per year. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improved over the past week After last week's 20% share price gain to ৳70.40, the stock trades at a trailing P/E ratio of 13x. Average trailing P/E is 20x in the Insurance industry in Bangladesh. Total returns to shareholders of 78% over the past three years. Upcoming Dividend • May 24
Upcoming dividend of ৳2.20 per share Eligible shareholders must have bought the stock before 31 May 2022. Payment date: 28 August 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 3.5%. Lower than top quartile of Bangladeshi dividend payers (3.6%). Higher than average of industry peers (2.7%). Tillkännagivande • May 08
Eastern Insurance Company Limited Has Recommends Dividend for the Year Ended December 31, 2021 The Board of Directors of Eastern Insurance Company Limited has recommended 22% cash dividend for the year ended December 31, 2021. Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 17% share price gain to ৳138, the stock trades at a trailing P/E ratio of 74.2x. Average trailing P/E is 24x in the Insurance industry in Bangladesh. Total returns to shareholders of 487% over the past three years. Valuation Update With 7 Day Price Move • Oct 06
Investor sentiment deteriorated over the past week After last week's 25% share price decline to ৳119, the stock trades at a trailing P/E ratio of 64.2x. Average trailing P/E is 23x in the Insurance industry in Bangladesh. Total returns to shareholders of 391% over the past three years. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment improved over the past week After last week's 23% share price gain to ৳144, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 26x in the Insurance industry in Bangladesh. Total returns to shareholders of 507% over the past three years. Valuation Update With 7 Day Price Move • Sep 01
Investor sentiment improved over the past week After last week's 21% share price gain to ৳128, the stock trades at a trailing P/E ratio of 69x. Average trailing P/E is 27x in the Insurance industry in Bangladesh. Total returns to shareholders of 429% over the past three years. Upcoming Dividend • May 19
Upcoming dividend of ৳2.00 per share Eligible shareholders must have bought the stock before 26 May 2021. Payment date: 29 August 2021. Trailing yield: 1.5%. Lower than top quartile of Bangladeshi dividend payers (3.3%). Lower than average of industry peers (2.0%). Tillkännagivande • May 04
Eastern Insurance Company Limited Recommends Dividend for the Year Ended on December 31, 2020 Eastern Insurance Company Limited announced that The Board of Directors has recommended 20% cash dividend for the year ended on December 31, 2020. Is New 90 Day High Low • Feb 03
New 90-day low: ৳94.40 The company is down 5.0% from its price of ৳99.60 on 05 November 2020. The Bangladeshi market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Insurance industry, which is up 1.0% over the same period. Is New 90 Day High Low • Nov 09
New 90-day high: ৳108 The company is up 37% from its price of ৳78.60 on 10 August 2020. The Bangladeshi market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 21% over the same period. Is New 90 Day High Low • Sep 28
New 90-day high: ৳104 The company is up 248% from its price of ৳29.80 on 29 June 2020. The Bangladeshi market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Insurance industry, which is up 52% over the same period. Tillkännagivande • Sep 07
Eastern Insurance Company Limited to Report Q2, 2020 Results on Jul 29, 2020 Eastern Insurance Company Limited announced that they will report Q2, 2020 results on Jul 29, 2020