ArmInfo.At the Annual General Meeting of Shareholders held on June 24, 2026, AraratBank OJSC decided to allocate 4 billion AMD ($10.5 million) of its 11.7 billion AMD ($30.7 million) net profit from 2025 toward dividend payments. The remaining 7.7 billion AMD ($20.2 million) will be retained by the bank to support its ongoing development. Dividend distributions are scheduled to begin on June 29.
As the bank explained to ArmInfo, the approved dividend payout is 42.7% per common registered share. This maintains the same rate as in 2024, reflecting a significant increase from 26.7% in 2023 and 4.65% in 2012. After a seven-year hiatus in dividend payments—following the final payout for 2013 at a rate of 4.7%—AraratBank resumed distributions based on its 2021 results using accumulated profits.
The bank further reported that earnings per share (EPS) for 2025 reached 6,248 AMD, compared to 6,508 AMD in 2024, 5,779 AMD in 2023, and 2,762 AMD in 2012. Due to the bank's capital growth, which has increased nearly 4.8 times between 2012 and 2025, the book value of a single share has also risen significantly (by a factor of 3.3). As of the end of 2025, the book value per share stood at 42,028 AMD, up from 37,275 AMD in 2024, 31,657 AMD in 2023, and 12,883 AMD in 2012. The share capital of AraratBank consists of 1,873,345 common registered shares, each with a nominal value of 5,000 AMD, maintaining consistency with 2024 figures. The bank did not issue new shares in 2025, continuing the trend observed throughout 2023 and 2024. Prior to this period, in the fourth quarter of 2022, a share issuance totaling 2.8 billion AMD increased the bank's authorized capital from 16.8 billion to 19.6 billion AMD by 2023.
Following a 39% surge in 2022, the bank's total capital has continued to grow at double-digit, albeit more moderate, rates: 2023: 13%, 2024: 18.5% and 2025- 12.8%. By 2026, the bank's total capital exceeded 78.7 billion AMD. AraratBank successfully maintained the high profitability levels first achieved in 2022 throughout the 2025 fiscal year. Beyond the 15.5% double-digit increase in profit, the capital growth in 2025 was further bolstered by a threefold increase in securities revaluation reserves.
"We have recorded quite encouraging results and sustained growth during the year. Greater emphasis is placed on the Bank's vision for the coming years, particularly in terms of delivering new, high-quality services to our customers. In this regard, I would particularly highlight AraratBank's continued enhancement of its digital banking offerings, and our clients can expect the Bank to introduce a number of new products and solutions in the near future," said Vakhtang Abrahamyan, Chairman of the Executive Board and Chief Executive Officer at AraratBank.
Speaking about AraratBank's new vision, Abrahamyan noted: "In the coming years, the Bank's activities will focus on several strategic priorities, including delivering sustainable financial performance, continuously enhancing the customer experience, advancing digital transformation, further strengthening risk management, compliance, cybersecurity, and operational resilience, as well as supporting the professional development of our emplyees." These priorities will guide AraratBank's future development as it continues its transformation into a more efficient, technology-driven, and customer-centric financialm institution.
According to the Financial Ranking of Armenian Banks prepared by ArmInfo Informational Company, as of December 31, 2025, AraratBank maintained strong performance metrics, positioning itself just outside the top five industry leaders. The bank achieved a Return on Equity (ROE) of 17.51% and a Return on Assets (ROA) of 2.81%. AraratBank remains a significant player in the lending sector: Interbank Lending- the bank ranks among the top five, with interbank loans accounting for 10% of its total credit portfolio; SME lending- loans to small and medium-sized enterprises constitute over 23% of the portfolio, totaling approximately 70 billion AMD and mortgage lending- the mortgage portfolio grew by 8% year-over-year to nearly 38 billion AMD, representing a 43.2% increase over a three-year period. The ownership structure of AraratBank remained stable throughout 2025, consistent with the levels established following the additional share issuance in the fourth quarter of 2022. The major shareholders are: Flash LLC (a leading Armenian oil trader): 68.35%; Barsegh Beglaryan (entrepreneur and head of Flash): 21.37% and Sanasar Beglaryan (indirect holder): 9.94%. The bank's authorized capital is held by 73 shareholders, all residents of the Republic of Armenia, 72 of whom are private individuals.
Recall, in 2024, AraratBank reported a net profit of 12.2 billion AMD ($31.6 million). Of that amount, 4 billion AMD ($10.4 million) was distributed as dividends, while 8.2 billion AMD ($21.2 million) was reinvested into the bank's development. No new shares were issued during the 2024 fiscal year.
