National Credit and Commerce (NCC) Bank PLC has recommended a 21 percent dividend for the year ending on December 31, 2025, comprising 17 percent cash and 4 percent stock.

The announcement came through a disclosure published by the Dhaka Stock Exchange (DSE) on Tuesday.

The bank also reported consolidated earnings per share (EPS) of Tk 4.29 for 2025, up from Tk 3.94 (restated) in the previous year.

Central bank allows banks to grant incentive bonuses for special achievements

Its consolidated net asset value (NAV) per share stood at Tk 27.20, compared to Tk 24.32 (restated) a year earlier, while consolidated net operating cash flow per share (NOCFPS) rose sharply to Tk 14.15 from Tk 2.83.

The board said the stock dividend was recommended to strengthen the bank’s capital base, support future business expansion, improve regulatory ratios and facilitate profitable reinvestment.

It also clarified that the stock dividend has been declared from current year’s profit and not from capital reserve, revaluation reserve or any unrealised gain.

The annual general meeting (AGM) will be held on June 24, 2026 via a digital platform. The record date has been fixed for May 21, 2026.

Following the dividend declaration, NCC Bank shares witnessed a sharp rally on the bourse.

The stock, which opened at Tk 15.40 on Tuesday, closed at Tk 17.30, registering a gain of nearly 21 percent during the session.

There was no price limit on the day’s trading following the corporate declaration. In the previous year, the bank declared a 13 percent cash dividend.