HomeNewsTunisia: STB Bank proposes first dividend in 16 years despite profit decline

Tunisia: STB Bank proposes first dividend in 16 years despite profit decline

Meeting on April 6, 2026, the Board of Directors of STB Bank approved the financial statements for the year ended December 31, 2025. The activity report, now submitted to the statutory auditors, reveals a transitional year for the public banking giant.

The 2025 fiscal year closed with positive profitability, though lower than 2024’s performance. Net individual profit stood at 65.9 million dinars, compared to 82.5 million dinars a year earlier.

Consolidated net profit for the group came in at 58.7 million dinars, marking a sharper decline from the 91.1 million dinars recorded in 2024.

The major announcement from the meeting concerns dividend policy. The Board of Directors has decided to propose a dividend of 0.200 dinar per share at the upcoming General Assembly. The last dividend distributed was 0.450 dinar per share, paid in June 2010.

If approved, this proposal would represent a total payout of 31 million dinars. However, the distribution remains conditional on the green light from the Central Bank of Tunisia (BCT), in accordance with current prudential regulations.

To finalize these figures and vote on the dividends, shareholders are convened for an Ordinary General Assembly on April 30, 2026.

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