Mutual Trust Bank Limited declared 25 percent stock dividend for its shareholders for the year 2015.
The announcement came at the 17th Annual General Meeting (AGM) of the bank held at the International Convention City, Bashundhara in the city on Monday, said a press release.
MTB Chairman MA Rouf, presided over the meeting.
Directors, Syed Manzur Elahi, Rashed A. Chowdhury, Dr. Arif Dowla, Md. Abdul Malek, Md. Wakiluddin, Khwaja Nargis Hossain, Anjan Chowdhury, QAFM Serajul Islam, directors of MTB and Independent Directors, Anwarul Amin, Dr. Sultan Hafeez Rahman, Managing Director and CEO, Anis A. Khan, Additional Managing Director, Md. Hashem Chowdhury, Deputy Managing Directors of the bank were present.
A large number of shareholders also attended the AGM.
In 2015, MTB earned net profit after tax of Tk 1,366 million which was 42.08 percent higher than that of 2014.
Earnings per share (EPS) grew to Tk 3.70 from Tk 2.60.