Mutual Trust Bank re-fixes AGM, record date after BSEC nod for stock dividend
The revised AGM is now scheduled for 16 July
Mutual Trust Bank PLC (MTB) has rescheduled its 27th annual general meeting (AGM) and re-fixed the record date for its shareholders.
The decision was taken at a board meeting held on 24 May following the receipt of regulatory approval for its dividend payout, according to a disclosure filed on the Dhaka Stock Exchange on 25 May.
According to the bank's disclosure, the revised AGM is now scheduled for 16 July at 11:30am. To determine the eligibility of shareholders for the dividend and participation in the meeting, the bank has set 18 June as the re-fixed record date.
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The bank had originally planned to hold its AGM on 28 June with a record date of 20 May. However, the timeline was adjusted after the Bangladesh Securities and Exchange Commission (BSEC) recently accorded its formal consent for the bank to issue a 12% stock dividend for the year ended 31 December 2025.
MTB's board had recommended the stock dividend to strengthen the bank's capital base in line with regulatory requirements and to support future business expansion.
In terms of financial performance, the bank reported a solid growth trajectory in 2025. Its consolidated earnings per share (EPS) rose to Tk3.14, up from a restated Tk2.93 in the previous year. The consolidated net asset value (NAV) per share improved to Tk28.11 from a restated Tk23.58.
Furthermore, the bank's consolidated net operating cash flow per share (NOCFPS) stood at Tk22.64 for the year. Shareholders will vote on the audited financial statements and the dividend recommendation at the upcoming virtual AGM.
