6 Banks decide not to declare dividends

Date:

Post View:

6 Banks decide not to declare dividends

B Mirror Report: The boards of directors of six listed banks have decided not to declare any dividends for the financial year ended December 31, 2025. The banks are AB Bank PLC, Mercantile Bank PLC, IFIC Bank PLC, ONE Bank PLC, National Bank PLC, and NRB Bank PLC.

The decisions were taken at separate board meetings held on Thursday (April 30), where the audited financial statements for the respective year were also approved, according to price-sensitive information (PSI) disclosures.

AB Bank reported a loss per share of Tk 43.42 for 2025, compared to a loss of Tk 21.28 in the previous year. Its net asset value (NAV) stood at negative Tk 36.02 per share as of December 31. The bank has scheduled its annual general meeting (AGM) for June 18 at 10:00 am, with May 21 set as the record date.

Mercantile Bank posted consolidated earnings per share (EPS) of Tk 1.10, up from Tk 0.58 a year earlier. Its consolidated NAV per share stood at Tk 23.92. The bank will hold its AGM on June 24 at 11:00 am, with May 21 as the record date.

IFIC Bank reported a consolidated loss per share of Tk 13.32, sharply higher than Tk 0.63 loss in the previous year. Its consolidated NAV per share stood at Tk 4.96. The AGM is scheduled for June 29 at 11:00 am, with May 21 as the record date.

ONE Bank recorded an EPS of Tk 0.28, down from Tk 1.24 in the previous year. Its NAV per share stood at Tk 22.46. The bank will hold its AGM on August 13 at 11:00 am, with June 11 set as the record date.

National Bank reported a consolidated loss per share of Tk 7.55, compared to Tk 5.30 loss a year earlier. Its NAV per share stood at negative Tk 7.37. The AGM is scheduled for August 13 at 11:00 am, with June 15 as the record date.

NRB Bank posted a consolidated EPS of Tk 0.20, up from Tk 0.11 in the previous year. Its consolidated NAV per share stood at Tk 12.89. The bank will hold its AGM on August 20 at 11:00 am, with June 17 set as the record date.

The decisions reflect the banks’ cautious stance amid varying financial performances during the year.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Share post:

Subscribe

spot_img

Popular

More like this
Related

Chattogram port hits record 5,709 TEUs at NCT in a day

B Mirror Report: A record 5,709 TEUs (twenty-foot equivalent units)...

Marico Bangladesh declared 2,075% cash dividend for investors

B Mirror Report: Multinational company Marico Bangladesh Limited has...

Brammer Frontier sells 5 million shares of Runner automobiles

B Mirror Report: Brammer Frontier PE II (Mauritius) Ltd. a...

May Day observed with due dignity in Tangail

Tangail Correspondent: International Workers’ Day was observed in Tangail...