Eastern Bank PLC (EBL) saw its profit rise in 2024 as its earnings per share (EPS) grew year-on-year. 

The bank's consolidated EPS stood at Tk 4.86 for the year ended December 31, 2024, up over 7 percent from Tk 4.51 (restated) in the previous year, according to a disclosure on the Dhaka Stock Exchange (DSE) website today. 

Its consolidated net operating cash flow per share surged to Tk 17.74, compared to Tk 6.95 (restated) in 2023.  

EBL's board has recommended a 17.50 percent cash dividend and a 17.50 percent stock dividend, marking its highest payout since 2021. 

The bank said the stock dividend aims to strengthen the bank's capital base, support projected business growth, and enhance regulatory ratios. It has been declared from the bank's accumulated profit.  

Following the announcement, EBL shares closed 1.92 percent higher at Tk 26.5 on the DSE.