Economy

City Bank Posts 20% Profit Growth to Tk867cr in Jan-Sep

The bank's consolidated net profit rises from Tk722 crore a year ago, while earnings per share increase to Tk4.96.

Written by The Banking Post


City Bank reported a 20% year-on-year increase in consolidated net profit after tax to Tk867.38 crore in the first nine months of 2026, up from Tk722.19 crore in the same period last year.

The bank’s consolidated earnings per share (EPS) also rose to Tk4.96 during January-September, compared with diluted EPS of Tk4.13 in the corresponding period of 2025.

The bank disclosed the financial results at an online event on Wednesday, held to present its third-quarter financial performance for 2026. Investors, equity analysts and media representatives attended the event.

Mahbubur Rahman, additional managing director and chief financial officer of City Bank, presented an overview of the bank’s financial performance.

Managing Director and Chief Executive Officer Masrur Arefin discussed the bank’s recent strategic position and future plans.

The event was also attended by Mesbaul Asif Siddiqui, deputy managing director and head of wholesale banking, and Mohammad Firoz Alam, chief risk officer.

During the concluding question-and-answer session, investors and analysts raised queries about the bank’s financial performance and future business strategy. Senior bank officials responded to their questions.

City Bank said its operational progress and achievements over the past few years had attracted attention from international investors.

The bank expects such engagements to further strengthen communication and relationships with investors.


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