The ex-dividend date is the day on which all shares bought and sold no longer come attached with the right to receive the most recently declared dividend.
Thus, Banca Transilvania shares could be adjusted with the value of the record dividend paid by the bank for 2015, namely RON0.396 per share.
Banca Transilvania reported a net profit of RON2.42 billion (EUR544 million) last year, fivefold and a half higher than in 2014, including the gain from the acquisition of Volksbank Romania, worth RON 1.65 billion.
Last year, its assets rose 32.6% to RON47.24 billion, including an over 10% organic growth, while the loan portfolio balance was 43.3% higher at the end of 2015