City Bank profit more than doubles in Q3

City Bank posted a 110 percent year-on-year profit surge in the third quarter of 2025, driven by higher investment income from government securities.

The bank reported consolidated earnings per share of Tk 2.77 for July-September, up from Tk 1.32 in the same period last year, according to a price-sensitive disclosure today.

The private commercial lender said strategic investments in government securities boosted returns, offsetting weaker net interest income and helping cover rising operating expenses.

For the first nine months of 2025, consolidated net operating cash flow per share stood at Tk 37.82, compared with Tk 37.53 a year earlier.

The bank said its net asset value rose from end-2024 levels, supported by higher profits and an increase in the revaluation reserve against government securities.

As of September 30, 2025, sponsor-directors held 30.37 percent of shares, public 42.56 percent and the rest by institutions and foreign investors, according to Dhaka Stock Exchange data.

City Bank, founded in 1983, is one of Bangladesh's leading private commercial banks with 134 branches, 67 sub-branches nationwide.