, April 30 -- City Bank, a leading private commercial bank in Bangladesh, recorded a staggering 162 percent growth in its net profit for the first quarter (Q1) ending March 31, 2026.
According to a press release issued by the bank on Thursday, its Profit After Tax (PAT) surged to Tk 241 crore in Q1 2026, up from Tk 92 crore during the same period last year.
Consequently, the bank's Earnings Per Share (EPS) rose significantly to Tk 1.6, compared to Tk 0.6 in the previous year.
The strong financial performance was largely driven by robust core banking income. Interest income from loans grew by 14 percent, reaching Tk 1,306 crore, up from Tk 1,143 crore. Investment income also saw a sharp rise, jumping from Tk 603 crore to Tk 1,014 crore,...
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