Mercantile Bank holds 26th annual general meeting
Mercantile Bank PLC held its 26th Annual General Meeting (AGM) virtually on June 20, 2025, from its head office, where it approved the audited financial statements as of December 31, 2024.
The AGM was presided over by Md Anwarul Haq, Chairman of the Board of Directors. Managing Director Mati Ul Hasan delivered the welcome address and briefed shareholders on the bank's performance in 2024 and its strategic plans for the current year.
Shareholders learned that for 2024, the bank reported consolidated earnings per share (EPS) of Tk 0.58, net asset value per share (NAVPS) of Tk 23.75, and net operating cash flow per share (NOCFPS) of Tk 17.80.
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In his remarks, the Chairman celebrated steady progress despite economic challenges, emphasizing the bank's commitment to improving service quality, investing in human capital, and adopting cutting-edge technology. He expressed gratitude to shareholders, clients, Bangladesh Bank, and other regulatory bodies for their continued support.
The AGM was attended virtually by members of the Board, committee chairs, senior executives, shareholders, sponsors, and officials.
