Tourism Bank's Retained Earnings to Capital Ratio Rises From 11 Percent in 1400 to 114 Percent in 1404
9 August 2026 · 2 months ago
According to Bourse News, published Sunday, 18 Mordad 1405 (August 9, 2026), Tourism Bank (ticker Vgardesh) has posted a marked improvement in key financial indicators in recent years. The bank's ratio of retained earnings to capital, which stood at just 11 percent in 1400, has climbed through substantial year on year gains to reach 114 percent in 1404, reflecting a strong build up of retained profit and a stronger balance sheet. Sahmino's own live price data recorded the Vgardesh ticker closing Sunday's session at 1,552 rials, down 3 percent on the day.
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