Mutual Trust Bank (MTB) plans to acquire three bighas (60 khata) of land in Beraid, Dhaka, for constructing its own head office. The bank has applied to Bangladesh Bank for necessary approvals. Financially, MTB reported a consolidated earnings per share (EPS) of Tk 2.91 for the fiscal year 2023, marking a 20.75% increase from the previous year’s revised figure of Tk 2.41. The bank’s consolidated net asset value per share (NAVPS) stood at Tk 24.52 as of December 31, 2023, up from Tk 21.70 (revalued) in the prior year. MTB distributed a 10% cash dividend for the year, continuing its dividend payout tradition.
MTB’s capital structure includes an authorized capital of Tk 1,000 crore with a paid-up capital of Tk 983 crore and 12 lakh. The bank holds reserves totaling Tk 1,317 crore and has a shareholder base comprising entrepreneurial managers (33.07%), institutional investors (31.33%), and general investors (35.60%). Over the past year, MTB shares traded between Tk 12.20 and Tk 17.
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