City Bank PLC, one of Bangladesh’s leading private banks, recorded a 162% year-on-year increase in net profit for the first quarter of 2026, ending on March 31. The bank’s post-tax profit rose to Tk 2.41 billion from Tk 920 million in the same period of 2025, while earnings per share increased from Tk 0.6 to Tk 1.6. Managing Director and CEO Mashrur Arefin noted that despite the strong profit growth, he was concerned about the slowdown in credit growth across the sector.
The bank’s strong performance was driven mainly by higher core banking income. Interest income from loans rose 14% to Tk 13.06 billion, while investment income surged from Tk 6.03 billion to Tk 10.14 billion, accounting for 32% of total operating income. Fee and commission income also grew by 27% due to higher foreign exchange earnings, card-related fees, and trade commissions.
Total income increased by 38% to Tk 13.38 billion, while expenses were contained at Tk 5.95 billion, improving the cost-to-income ratio from 52% to 44%. Operating profit rose 61% to Tk 7.43 billion, supported by improved asset quality and reduced provisioning requirements.
আমার দেশ অনলাইন প্রকাশ : ০২ মে ২০২৬, ১৮: ৫৫ দেশের অন্যতম শীর্ষস্থানীয় ব্যাংক সিটি ব্যাংক পিএলসি ২০২৬ সালের প্রথম প্রান্তিকে (৩১ মার্চ ২০২৬ পর্যন্ত) গত বছরের একই প্রান্তিকের নিট মুনাফা থেকে ১৬২% বেশি প্রবৃদ্ধি অর্জন করেছে। ব্যাংকের কর-পরবর্তী মুনাফা দ
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