National Credit and Commerce Bank PLC (NCC Bank) witnessed a sharp rally in its share price, surging as much as 21% on April 28, following the announcement of record profitability and a decade-high dividend for 2025.
According to data from the Dhaka Stock Exchange (DSE), the stock jumped beyond the typical 10% daily circuit limit—relaxed after price-sensitive disclosures—adding more than Tk333 crore to the bank’s market capitalisation. During early trading, the share price rose 12.59% to Tk16.10 and later closed at Tk17.30, up Tk3 from its adjusted opening price of Tk14.30. The stock also ranked among the day’s most actively traded, with transactions totaling Tk83.73 crore.
Highest Dividend in Years
Following its strong financial performance, NCC Bank’s board recommended a 21% dividend for 2025, comprising 17% cash and 4% stock, a notable increase from the 13% cash dividend declared in 2024. The proposed cash payout marks the bank’s highest since 2011, signaling robust earnings strength and improved financial stability.
Record Profit and Steady Growth
According to the bank’s financial disclosures, NCC Bank reported a net profit of Tk476 crore in 2025, up from Tk438 crore in the previous year, reflecting a year-on-year growth of 8.67%. Earnings per share (EPS) stood at Tk4.29.
The growth was primarily driven by higher interest income from government securities and reduced tax expenses linked to written-off loans, strengthening the bank’s bottom line.
Improved Financial Health
The bank also demonstrated notable improvement in key financial indicators. Its non-performing loan (NPL) ratio declined significantly to 4.12%, down from 7.50% a year earlier, reflecting better asset quality and recovery performance.
Consolidated net assets rose to Tk3,020.16 crore from Tk2,700.59 crore, while net operating cash flow per share increased to Tk14.15, supported by strong deposit inflows and enhanced depositor confidence.
Management Insights
NCC Bank’s Chief Financial Officer, Mohammed Mizanur Rahman, highlighted that the bank achieved strong performance across core banking operations, including loan recovery and interest income growth. He noted that while the bank delivered a historic profit and high dividend, it has also retained a portion of earnings to support long-term sustainability and future growth.
AGM and Record Date
The bank has scheduled its Annual General Meeting (AGM) for June 24, to be held via a digital platform. The record date is set for May 21, determining shareholder eligibility for the dividend.
With record profitability, improved asset quality, and a significantly higher dividend payout, National Credit and Commerce Bank PLC has reinforced investor confidence and strengthened its position in Bangladesh’s banking sector, as reflected in the strong market reaction.
