Company · Analysis · 30 Oct 2026
Mutual Trust Bank: deposit costs have nearly erased net interest income, bond gains and tax credits now carry profit, and capital headroom is thin
MTB's net interest income fell from BDT 7,867m in 2024 to 2,654m in 2025 and to BDT 677m in H1 2026 as interest expense reached 95% of interest income. Investment income is now 72% of operating income, gross NPL is 5.77% after an BDT 8.0bn write-off, CRAR is 13.55%, and paid-up capital of Tk1,211 crore after the 12% bonus bars cash dividends under SPCD Circular 06.
Mutual Trust Bank PLC (MTB) is a third-generation private commercial bank licensed in October 1999. At 30 June 2026 it ran 122 branches, 14 SME/agri branches, 58 sub-branches, 180 agent banking centres and 8 airport lounges, with an offshore banking unit and an Islamic banking…