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Southeast Bank approves 10% stock dividend

by BIZDATA INSIGHTS
June 24, 2019
in Financial
0
Southeast Bank approves 10% stock dividend

Southeast Bank Ltd. approved 10 per cent Stock Dividend to the shareholders for the year of 2018. The Bank earned operating profit of BDT 9,782 million in 2018 (consolidated).

As on 31st December, 2018 Bank’s total deposits amounted to BDT 2,98,334 million and its total assets reached BDT 3,81,575 million, Earning Per Share (EPS) was BDT 2.35 (consolidated), Net Asset Value per share was BDT 26.66 (consolidated) and Net Operating Cash Flow per share was BDT 3.37 (consolidated). The Price Earning Ratio of the Bank was 6.72 times in 2018.

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The Capital and Reserves of the Bank soared to a record high of BDT 38,860 million as on 31st December 2018. The Bank maintained a Capital to Risk-Weighted Asset Ratio (CRAR) at 12.38 percent (consolidated) as on 31st December, 2018 against requirement of 11.875 per cent set by the Bangladesh Bank.

BIZDATA INSIGHTS
Author: BIZDATA INSIGHTS

Tags: DividendSoutheast Bank
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