Dutch-Bangla Bank makes Tk 566 crore profit in 2022

The Dutch-Bangla Bank Ltd made a Tk 566.34 crore profit in the year that ended on December 31, up 1.85 per cent year-on-year.

The private commercial bank posted a profit of Tk 555.90 crore in 2021.

Thus, the company reported earnings per share of Tk 8.14 for 2022 compared to Tk 7.99 in 2021.

The net asset value per share rose to Tk 59.85 in the last financial year from Tk 53.13 in 2021 and the net operating cash flow per share jumped to Tk 30.50 from Tk 19.66 during the period.

The board of directors has recommended a 17.50 per cent cash and a 7.50 per cent stock dividend for 2022.

Shares of Dutch-Bangla Bank closed unchanged at Tk 62.60 on the Dhaka Stock Exchange today.