City Bank earns post-tax profit of Tk 3.16b in Q3

FE Team | Published: October 26, 2021 22:02:52

City Bank held its earnings disclosure event over digital platform announcing its 3rd Quarter, 2021 financial results on Tuesday, said a statement.
Existing & potential investors from across the globe, researchers, analysts and other individuals involved in capital market joined the event.
Consolidated Earnings Per Share (EPS) of the bank was recorded at BDT 2.97 for the period from January to September 2021 against that of BDT 2.89 during the same period last year.
The bank also reported BDT 3.16 billion Consolidated Profit After Tax (PAT) during the period January to September 2021, which was BDT 3.08 billion during the same period of 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 and 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.