City Bank held its Earnings Disclosure event over digital platforms announcing its Q3, 2023 results. Existing and potential investors from across the globe and researchers, analysts and many individuals involved in the capital market joined the event.
The bank reported Tk379 crore consolidated profit after tax in nine months, ie, January to September 2023, which shows a growth of 15% from last year’s same period when the bank posted Tk331 crore profit after tax.
Due to this result, the consolidated Earnings Per Share (EPS) of the bank was recorded at Tk3.09 against that of Tk2.70 during the same period of last year.
The event started with a presentation by Md Mahbubur Rahman, AMD and CFO, followed by a speech from Mashrur Arefin, MD and CEO, who briefly discussed the current strategic priorities of the bank.
Sheikh Mohammad Maroof, AMD and Chief Business Officer, Mesbaul Asif Siddiqui, DMD and Chief Risk Officer, AKM Saif Ullah Kowchar, DMD and HoICC were also present in the event.
The bank attracted much attention from investor communities across the globe in recent years through its noticeable growth in all business lines including its mission of embracing sustainable and green objectives.
