• Thursday, Dec 02, 2021
  • Last Update : 02:22 pm

City Bank bags 316.5C profit in first nine months of 2021

  • Published at 07:16 pm October 26th, 2021
City Bank Q3 2021 earning disclosure
Courtesy

Consolidated EPS of the bank was Tk2.97 for the same period

City Bank reported a Tk316.5 crore consolidated profit after tax during the period January to September this year, up from Tk308.6 crore during the same period of last year.

The bank revealed this during a virtual earnings disclosure event, to declare announcing its third quarter financial results for 2021 on Tuesday, said a press release.

Consolidated earnings per share (EPS) of the bank was recorded at Tk2.97 for the period from January to September 2021 against that of Tk2.89 during the same period last year.

The event started with the presentation on the financial performance of the bank by Md Mahbubur Rahman, DMD & chief financial officer, followed by a speech from Mashrur Arefin, managing director & CEO of the bank, briefly discussing current strategic priorities.

After that, the event was opened for a Q&A session, where participants shared their concerns and queries.

The bank attracted much attention from investment communities across the globe in recent years through its noticeable presence & growth in the private commercial banking industry in Bangladesh.

This event was one of those continuous efforts by the bank to scale up investor relation initiatives to cater more to the need of the community.

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