The publicly traded Mutual Trust Bank PLC (MTB) has made the decision to build its new corporate headquarters on land in Gulshan, Dhaka. On Wednesday, October 29, the bank’s Board of Directors met and reached the decision. Sources inside the bank verified the facts.

According to those sources, the land in question is located at Plot No. 110, Road No. 113, Gulshan Avenue, with a total area of 20 kathas. The bank will spend around Tk 300 crore to purchase the land, excluding value-added tax (VAT) and registration costs.

Previously, the MTB Board had decided to purchase 15 floors of The Cube, a 21-story commercial building located on Plot No. 1, Road No. 138, Gulshan-1. However, that earlier decision was canceled at yesterday’s board meeting.

The meeting also approved the bank’s unaudited financial statements for the third quarter (July–September 2025), which ended on September 30, 2025.

During this period, the bank’s earnings per share (EPS) stood at Tk 0.70, compared to Tk 0.73 during the same quarter of the previous year.

For the first nine months of the current financial year (January–September 2025), MTB’s cumulative EPS was Tk 1.88, the same as the corresponding period last year.

As of September 30, 2025, the bank’s net asset value per share (NAVPS) stood at Tk 28.86.