Earnings of The City Bank rose significantly for July-September (Q3), 2020 compared to same period of the previous year.
The bank has reported its consolidated EPS (earnings per share) of Tk 1.99 for July-September 2020 as against Tk. 0.76 for July-September 2019.
The company's consolidated EPS was Tk. 3.04 for January-September, 2020 as against Tk. 2.58 for January-September, 2019.
The first generation PCB has also reported its consolidated NOCFPS (net operating cash flow per share) of Tk 0.96 for January-September 2020 as against Tk. (3.67), a negative value, for January-September 2019.
The company's consolidated NAV (net asset value) per share was Tk. 26.91 as on September 30, 2020 and Tk. 24.14 as on December 31, 2019.
The City Bank, presently an 'A' category company, was listed on the stock exchange in 1986.
The company's sponsor-directors hold 27.92 per cent shares, institutes 23.38 per cent, foreigners 9.16 per cent and general investors 39.54 per cent as on September 30, 2020.
The bank's share price closed at Tk 25.10 each on Monday with a rise of 3.25 per cent or Tk 0.8 on the Dhaka Stock Exchange (DSE).
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