City Bank has reported a substantial increase in profitability for the first quarter of the current year, recording a 162 per cent rise in net profit compared with the same period last year.
According to a press release issued on Thursday, the bank’s post-tax profit reached Tk 241 crore in the first quarter, up from Tk 92 crore in the corresponding period of 2025. This sharp increase also translated into improved earnings per share (EPS), which rose from Tk 0.6 to Tk 1.6 over the same period.
The bank attributed this strong financial performance primarily to significant growth in its core banking income. In particular, interest income from loans registered a 14 per cent increase, rising from Tk 1,143 crore to Tk 1,306 crore. This indicates a steady expansion in the bank’s lending-related revenue stream, despite broader concerns about loan growth in the sector.
In addition to interest income, the bank recorded a notable rise in investment income. According to the statement, investment earnings increased from Tk 603 crore to Tk 1,014 crore during the first quarter. This segment accounted for 32 per cent of the bank’s total operating income, highlighting its growing importance in overall revenue composition.
A summary of the key financial indicators is presented below:
| Indicator | Q1 Current Year | Q1 2025 | Growth |
|---|---|---|---|
| Net Profit (Tk crore) | 241 | 92 | 162% |
| Earnings Per Share (Tk) | 1.6 | 0.6 | — |
| Interest Income from Loans (Tk cr) | 1,306 | 1,143 | 14% |
| Investment Income (Tk crore) | 1,014 | 603 | — |
Commenting on the results, Managing Director and Chief Executive Officer Masrur Arefin said he was encouraged by the pace of profit growth but expressed concern over the slowdown in loan expansion during the first quarter.
“I am as pleased with the rate of profit growth as I am concerned about the sharp decline in loan growth in the first quarter. The direction in which loan growth in this sector is heading is a matter of real concern,” he stated.
The bank’s performance reflects a combination of increased income from both lending and investment activities, although its leadership has flagged subdued credit growth as a potential challenge going forward.