City Bank recorded a significant surge in profitability for the first half of 2026, posting a consolidated profit after tax of Tk 526.69 crore for the six months ended June 2026, according to a press release issued on Sunday.
The half-yearly net profit marks a substantial growth from Tk 301.11 crore reported in the corresponding period of the previous year.
The bank’s Consolidated Earnings Per Share (EPS) for the half-year ended June 2026 rose to Tk 3.01, up from Tk 1.72 in H1 2025.
The performance figures were disclosed during the bank's digital Earnings Disclosure webcast held on Sunday to present its Q2 2026 financial results. The event drew participation from local and international investors, equity researchers, capital market analysts, and financial sector stakeholders.
Mashrur Arefin, Managing Director and CEO of City Bank, presented the bank's strategic initiatives and future growth plans. Md. Mahbubur Rahman, Additional Managing Director and Chief Financial Officer, delivered a detailed breakdown of the financial metrics.
The management team—including Deputy Managing Director (DMD) and Head of Wholesale Banking Mesbaul Asif Siddiqui, DMD and Head of Internal Control and Compliance AKM Saif Ullah Kowchar, and Chief Risk Officer Mohammad Firoz Alam—addressed questions from global participants during an interactive Q&A session.