Dhaka, April 30 -- Local banking leader City Bank PLC reports 162% net profit growth in Q1 2026 (31 March 2026), demonstrating sustained growth across key areas compared to the same period of the previous year.

The bank's profit after tax (PAT) stood at BDT 241 crore, compared to BDT 92 crore in Q1 2025. This represents a growth of over 162%. Earnings per share (EPS) also increased to BDT 1.6 from BDT 0.6, reflecting enhanced shareholder value, according to a media release.

The bank's MD & CEO Mashrur Arefin was, however, cautious in expressing his happiness.

He said, 'While I am happy with such a strong increase in profit, I am equally concerned about the sharp slowdown in credit growth in the first quarter. The direction in which cre...