City Bank’s profit jumps 18% in 9 months - News Summed Up

City Bank’s profit jumps 18% in 9 months


The bank organized an earnings disclosure webcast on Monday, on its third quarter 2020 financial performances, based on its un-audited financial statements for the period ended on September 30. Consolidated earnings per share (EPS) of the bank were recorded at Tk3 for the same period against Tk2.6 during the same period last year. Consolidated the net asset value (NAV) per share was Tk26.9 as on September 30 and Tk24.1as on December 31, 2019. Md Mahbubur Rahman, chief financial officer (CFO) of the bank, announced the financial performances, followed by the bank's chief executive officer (CEO) Mashrur Arefin, who discussed about their current strategic positioning. Each share of the bank closed at Tk25.10 on Monday, up by 3.25% from the previous day.


Source: Dhaka Tribune November 02, 2020 15:33 UTC



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