Attijari Bank Announces 2025 Financial Results and Dividend Distribution
In a press release, Attijari Bank announced that its board of directors has approved the individual and consolidated financial statements for the 2025 fiscal year, which have been submitted to the auditors.
2025 Financial Performance
The year 2025 was closed with a profit of 232,101 million Tunisian dinars (Mtnd), compared to 232,388 Mtnd the previous year. The board of directors has decided to convene an ordinary general meeting on Friday, April 10, 2026, and to propose to shareholders the distribution of a dividend of 4,200 Tunisian dinars (Tnd) per share, for a total of 50 million shares, compared to 5 Tnd per share the previous year for 42 million shares. Adjusted for this, the dividend is stable.
Analysis of the Results
The decline is not surprising and does not reflect an operational underperformance specific to Attijari Bank. The entire banking environment is such that few banks will be able to escape this trend this year. In parallel, operating costs remain high, and we believe that the sector will post one of the highest average operating expense ratios in its recent history. Adding tax pressure, this can only lead to a decline in profits.
Outlook and Investment Advice
Should you buy or hold bank stocks in your portfolio? The answer is yes. These are entities that will continue to distribute dividends. Moreover, the sector still has growth potential, especially in digitalization and the offer of high-value-added services. Historically, banks have always resisted changes, even if the cocktail of recent years seems more complex to manage.
