City Bank (CITYBANK) Q3 2025 earnings summary

Executive summary

• 9M consolidated profit after tax rose 60.2% to Tk 7.22bn from Tk 4.51bn; solo net profit was BDT 7.2bn, up 16.2%.

• 9M consolidated revenue rose 26.4% to Tk 36,226m and operating profit increased 26.4% to Tk 20,898m; solo revenue grew 27.4% to Tk 35,480m.

• Loan and deposit growth and higher investment income supported results, while rising funding costs, provisions and NPLs remained pressures.

Financial highlights

• 9M consolidated operating costs rose 26.3% to Tk 15,328m; profit before tax grew 19.0% to Tk 12,042m, while tax expense fell 14.1% to Tk 4,820m.

• Adjusted net interest income increased 33.4% to Tk 29,250m; investment income rose 172.1% to Tk 27,753m, while reported net interest income was Tk 1,497m as interest expense rose 86.1% to Tk 38,762m.

• Provision charges rose 38.1% to Tk 8,856m.

• Consolidated assets reached Tk 848.73bn at 30 Sep 2025, up from Tk 711.29bn at 31 Dec 2024.

• Higher government-securities holdings and treasury earnings supported investment income; lending income benefited from loan growth, higher average volumes and improved yields.

Outlook and guidance

• Bangladesh Bank aimed to maintain tight monetary policy through H1 FY26 until inflation falls below 7%; management expects rates to ease as repo rates decline, subject to liquidity and market conditions.

• Planned expansion included roughly 50 new branches or sub-branches by year-end, with stronger future growth expected across retail and SME alongside wholesale.

• Strategy emphasized sustainable lending, prudent SME credit and continued digital and infrastructure investment; plans included a green bond and expanded climate-risk assessment.

• Provision coverage was intended to remain above 100%; Q3 bank-only coverage was 104.6%.