IFIC’s 2021 earnings zoom 122%

IFIC Bank has registered a 122 per cent rise in its earnings year-on-year.

It reported that its EPS (earnings per share) stood at Tk 1.49 in 2021 against Tk 0.67 in 2020. Its consolidated NAV per share was Tk 17.78 against Tk 16.35 during the period.

The bank announced to pay a 5 per cent stock dividend to its shareholders for the year. It disbursed the same dividend in the previous year.

For the distribution of the declared dividend among the shareholders, the record date is scheduled for April 12, 2022. The AGM will be held on May 12, 2022.

Its share price dropped 1.2 per cent to Tk 14.50 on Sunday.

Shahjalal Islami Bank

Shahjalal Islami Bank (SIBL) has recommended a total of 15 per cent dividend for its shareholders for the year ended on December 31, 2021. The dividend included 5 per cent cash and 10 per cent stock dividends.

Its AGM is slated for April 28, 2022 while the record date has been set as April 6, 2022.

SIBL’s EPS rose 35 per cent to Tk 2.52 in 2021 from Tk 1.86 recorded in 2020. Its consolidated NAV per share was Tk 19.27.

Its share price fell 0.1 per cent to Tk 23 on Sunday.