City Bank PLC. announcements
537 Dhaka Stock Exchange announcements for City Bank PLC. (CITYBANK) since 2007: results, dividends, board meetings, AGMs, record dates and other price-sensitive information. Showing 2025 (31).
- Confirmation of share transmission of Late Mr. Deen Mohammad
Ms. Meherun Haque, daughter of Late Mr. Deen Mohammad and a General Shareholder of the company, has informed that she has received 1,758,014 shares as her entitled portion of the 2024 stock dividend, as per the earlier news disseminated by DSE on 19.11.2025.
- Confirmation of share transmission of Late Mr. Deen Mohammad
The successors of Late Mr. Deen Mohammad have confirmed that 6,278,623 shares out of total 8,036,638 bonus shares from the 2024 stock dividend of Late Mr. Deen Mohammad have been transmitted among the three successors (Mst. Rokshana Begum, Mr. Mohammed Shoeb and Mrs. Evana Fahmida Mohammad) as per news disseminated by DSE on 26.10.2025.
- Transmission of Deceased Sponsor's Bonus Shares to Successors
Referring to their earlier news disseminated by DSE on 26.10.2025, the company has now informed that it has received request from Ms. Meherun Haque, one of the four legal heirs, for the transmission of her entitled portion of the 2024 stock dividend. As such, Ms. Meherun Haque, daughter of Late Mr. Deen Mohammad and a General Shareholder of the company, will receive 1,758,014 shares as per Succession Certificate of the Honorable Court.
- Event on Earnings disclosure Q3 2025
The Company has informed that they will organize an earnings disclosure program on its Third Quarter (Q3) Financial Statements of 2025 on November 03, 2025 at 3:30 pm. Existing and potential investors across the globe, researchers and analysts and many other individuals involved in capital market activities are invited to join the event through: https://meetbd.live/citybank2025Q3. User Name: citybankq3, Password: citybank2025.
- Q3 Financials
(Q3 Un-audited): Consolidated EPS was Tk. 2.77 for July-September 2025 as against Tk. 1.32 for July-September 2024; Consolidated EPS was Tk. 4.75 for January-September 2025 as against Tk. 2.96 for January-September 2024. Consolidated NOCFPS was Tk. 37.82 for January-September 2025 as against Tk. 37.53 for January-September 2024. Consolidated NAV per share was Tk. 38.09 as on September 30, 2025 and Tk. 30.45 as on December 31, 2024. (cont.) (Cont. News of CITYBANK): Reasons for deviation in NAVPS: As of September 30, 2025, the Net Asset Value (NAV) was higher than at the end of 2024, primarily due to the Increase of net profit generated during the period as well as increase in revaluation reserve against government securities. (end)
- Transmission of Deceased Sponsor's Bonus Shares to Successors
Late Mr. Deen Mohammad, a Sponsor of City Bank PLC, held 72,329,749 shares of the company (current holding). He passed away on April 27, 2021. The company has informed that 6,278,623 shares out of total 8,036,638 bonus shares from the 2024 stock dividend of Late Mr. Deen Mohammad will be transmitted to the accounts of his legal successors as per Succession Certificate of the Honorable Court. The company has further informed that since Mrs. Meherun Haque, one of the four (cont.) (Continuation news of CITYBANK): legal heirs, did not apply for the transmission, her portion of the shares will not be transmitted at this time. As such, Mst. Rokshana Begum, wife of the deceased and a Sponsor, will receive 1,004,580 shares. Mr. Mohammed Shoeb, son of the deceased and a Sponsor, will receive 3,516,029 shares. Mrs. Evana Fahmida Mohammad, daughter of the deceased and a General Shareholder, will receive 1,758,014 shares. (end)
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on October 28, 2025 at 3:00 PM to consider, among others, Un-audited financial statements of the Company for the Third Quarter (Q3) period ended September 30, 2025.
- Board approves the establishment of a new subsidiary
The Board of Directors of City Bank PLC in its meeting held on September 25, 2025 has approved the establishment of a new subsidiary under the proposed name "City Credit Bureau". This initiative aims to support the Bank's continuous business growth.
- Updated Bond features & approval of Tk. 1,200 Crore Subordinated Debt
In reference to the PSI circulated on 9th February, 2025 (disseminated by DSE on 10th February, 2025), the Board of Directors in their 676th Meeting, among others, decided to issue Subordinated Debt (Bond) worth taka 800.00 (Eight Hundred) Crore of Purchase Value. However, considering current market conditions and recommendations, few features of the bond have been modified. Accordingly, by circular resolution dated 11th September 2025, the Board of Directors (cont.) (Cont. news of CITYBANK): consented to the updated features and approved the issuance of Subordinated Debt (Bond) worth taka 1,200.00 (Twelve Hundred) Crore of Face Value to meet capital requirements under Basel-III and to support the bank's continued business growth, subject to approval from the Bangladesh Securities and Exchange Commission, Bangladesh Bank, and other relevant regulatory authorities. (end)
- Buy confirmation of a Director
Mr. Hossain Khaled, a Director of the Company, has further informed that he has completed his buying of 2,25,000 shares of the company at prevailing market price through Dhaka Stock Exchange PLC. as per declaration disseminated by DSE on 01.09.2025.
- Buy Declaration of a Director
Mr. Hossain Khaled, a Director of the Company, has expressed his intention to buy 2,25,000 shares of the company at prevailing market price in the Public Market within next 30 (thirty) working days.
- Dividend Disbursement
The Company has informed that it has credited the Bonus Shares to the respective shareholders' BO Accounts and it has also disbursed the Cash Dividend to the respective shareholders for the year ended December 31, 2024.
- Election of Chairman
The Company has informed that the Board of Directors has elected Mr. Hossain Khaled as the Chairman of the Board of Directors of the company with immediate effect.
- Q2 Financials
(Q2 Un-audited): Consolidated EPS was Tk. 1.55 for April-June 2025 as against Tk. 1.16 for April-June 2024; Consolidated EPS was Tk. 2.23 for January-June 2025 as against Tk. 1.85 for January-June 2024. Consolidated NOCFPS was Tk. 18.04 for January-June 2025 as against Tk. 2.87 for January-June 2024. Consolidated NAV per share was Tk. 35.60 as on June 30, 2025 and Tk. 34.26 as on December 31, 2024. The reason for deviations between the quarterly/considered periods are as follows: (cont.1) (Cont. news of CITYBANK): which outweighed increased outflows for loan disbursements and growth in other assets. This resulted in a higher positive operating cash flow compared to the same period of the previous year. iii. As of June 30, 2025, the Net Asset Value (NAV) was higher than at the end of 2024, primarily due to the increased net profit generated during the period. (end) (Cont. news of CITYBANK): i. As a strategic initiative, the Bank's substantial investment in government securities led to a marked increase in investment income, effectively offsetting the decline in net interest income and supporting the coverage of escalating operational expenses. ii. Operating cash flows for the period from January 1, 2025, to June 30, 2025, improved significantly due to higher inflows from customer deposits and borrowings, (cont.2)
- Event on Earnings disclosure Q2 2025
The Company has informed that they will organize an earnings disclosure program on its Second Quarter (Q2) Financial Statements of 2025 on July 31, 2025 at 4:00 pm. Existing and potential investors across the globe, researchers and analysts and many other individuals involved in capital market activities are invited to join the event through: https://meetbd.live/citybank2025Q2. User Name: citybankq2, Password: citybank2025.
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on July 27, 2025 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the Second Quarter (Q2) period ended June 30, 2025.
- Credit Rating Result
Credit Rating Agency of Bangladesh Limited (CRAB) has announced the Surveillance rating of the Company as "AAA" in the long term and "ST-1" in the short term along with Stable outlook based on audited financial statements up to December 31, 2024 and other relevant quantitative as well as qualitative information up to the date of rating declaration.
- Resumption after record date
Trading of the shares of the company will resume on 24.05.2025.
- Suspension for Record Date
Trading of the shares of the company will remain suspended on record date i.e., 22.05.2025.
- Spot News
Trading of the shares of the company will be allowed only in the Spot Market and Block transaction will also be settled as per spot settlement cycle with cum benefit from 20.05.2025 to 21.05.2025 and trading of the shares will remain suspended on record date i.e., 22.05.2025.
- Change of AGM Date
Referring to their earlier news disseminated 30.04.2025 regarding Dividend Declaration, the company has informed that due to unavoidable circumstances the date of the ensuing AGM, previously scheduled to be held on June 19, 2025, has been changed. The Board of Directors of the Bank, in its Board Meeting held on May 12, 2025, has resolved to reschedule the AGM to the following date, time, and venue: New Date: June 29, 2025, Time and Venue: Will be notified later. All other information will remain unchanged.
- Q1 Financials
(Q1 Un-audited): Consolidated EPS was Tk. 0.68 for January-March 2025 as against Tk. 0.68 for January-March 2024. Consolidated NOCFPS was Tk. 10.59 for January-March 2025 as against Tk. 10.61 for January-March 2024. Consolidated NAV per share was Tk. 35.33 as on March 31, 2025 and Tk. 34.26 as on December 31, 2024. Operating profit increased as a result of significant increase in investment income, which helped offset de-growth in net interest income and pay for rising operational costs. (cont.) (Cont. news of CITYBANK): Operating cash flows from January 1, 2025, to March 31, 2025 were impacted by higher cash outflows for loan disbursement and other assets compared to inflows for deposit acquisition and borrowings. This led to lower operating cash flows compared to the same period previous year. As of March 31, 2025, the NAV was higher than it was at the end of 2024 due to the period's net profit and an increase in unrealized gain against government securities. (end)
- Board Meeting schedule under LR 16(1)
As per Regulation 16(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on May 12, 2025 at 3:00 PM to consider, among others, un-audited financial statements of the Company for the First Quarter (Q1) period ended March 31, 2025.
- Dividend Declaration
The Board of Directors has recommended 12.50% Cash Dividend and 12.50% Stock Dividend for the year ended December 31, 2024. Date of AGM: 19.06.2025, Time and Venue: Will be notified later, Record Date: 22.05.2025. The Company has also reported Consolidated EPS of Tk. 7.53, Consolidated NAV per share of Tk. 34.39 and Consolidated NOCFPS of Tk. 66.44 for the year ended December 31, 2024 (cont.1) (Cont. news of CITYBANK): for supporting future business growth and also to improve certain regulatory ratios. ii. Stock Dividend is recommended out of accumulated profit or retained earnings; and iii. Stock Dividend is not recommended from capital reserve or revaluation reserve or any unrealized gain or out of profit earned prior to incorporation of the Bank or through reducing paid up capital or through doing anything so that the post dividend retained earnings become negative or a debit balance. (end) (Cont. news of CITYBANK): as against Tk. 4.74, Tk. 28.56 and Tk. 2.90 respectively for the year ended December 31, 2023. Previous year NAVPS, EPS and NOCFPS were adjusted due to consideration of 10.00% Stock dividend for 2023. Higher operating profit led to higher profit after tax resulted significant increase in EPS for 2024 from last year. Reason for recommending Stock Dividend: i. Stock dividend has been recommended to strengthen capital base of the Bank (cont.2)
- Price Limit Open
There will be no price limit on the trading of the shares of the Company today (30.04.2025) following its corporate declaration.
- Conference on Earnings disclosure Q4 2024
The Company has informed that they are arranging earnings disclosure event on Financial information of 2024 on May 06, 2025 at 4.00 PM virtually. Existing and potential investors across the globe, researchers and analysts and many other individuals involved in capital market activities are invited to join the event through the web link: https://meetbd.live/citybank2024Q4. User Name: citybankq4 and Password: citybank2024.
- Board Meeting schedule under LR 19(1)
As per Regulation 19(1) of the Dhaka Stock Exchange (Listing) Regulations, 2015, the Company has informed that a meeting of the Board of Directors will be held on April 29, 2025 at 3:00 PM to consider, among others, audited financial statements of the Company for the year ended December 31, 2024.
- Transmission completion of deceased sponsor's shares to nominees
Refer to their earlier news disseminated by DSE on 02.02.2025 regarding Transmission of deceased sponsor's shares to nominees, City Brokerage Limited has informed that it has completed the transmission of 25,848,566 shares of the company to the Nominees, Ms. Shakiba Shabnam Dona and Ms. Faria Shabnam Diana (Nominees of Late Md. Ali Hossain).
- Board decision to issue Subordinated Debt (Bond)
The company has informed that the Board of Directors has decided to issue Subordinated Debt (Bond) worth taka 800.00 (Eight Hundred) Crore of Purchase Value to meet capital requirements under Basel-III to support the bank's continuous business growth, subject to approval from Bangladesh Securities and Exchange Commission, Bangladesh Bank and other relevant regulatory authorities.
- Transmission of deceased sponsor's shares to nominees
The company has informed that total holding of 25,848,566 shares of Md. Ali Hossain, a sponsor of the company who passed away on 02.01.2024, will be transmitted to his nominees i.e., Ms. Shakiba Shabnam Dona and Ms. Faria Shabnam Diana, in equal proportions, with each receiving 50% of the shares.
- Regarding issuance of shares to one of the shareholders
City Bank PLC. has informed that the Bank offered 1:1 right share during the year 2010. During the course of right exercise, the Hon'ble High Court Division issued an injunction order against 3,927,780 shares of Tk. 10 each. The verdict of the Court was to restrain exercise of right shares against the said 3,927,780 shares and also asked to maintain provision for future dividend, which may be declared on the aforementioned shares. (cont.1) (Cont. news of CITYBANK): Order dated 05.09.2024 passed in Contempt Petition No. 05 of 2019 (arising out of Company Matter No. 112 of 2005). Upon issuance of 5,116,631 shares (1,554,740 right shares and 3,561,891 bonus shares), bank's outstanding no. of issued shares will increase to 1,352,197,395 from 1,347,080,764. (end) (Cont. news of CITYBANK): the Board of Directors of the bank in its 675th meeting held on January 23, 2025, after detailed discussion, out of 3,927,780 sub-judice shares has authorized the issuing 1,554,740 right shares at a price of Tk. 20 each, which includes a premium of Tk. 10 and also issuing 3,561,891 bonus shares arising out of that sub-judice shares to one of our Shareholders in pursuant to the (cont.3) (Cont. news of CITYBANK): Accordingly, the Bank maintained required provision for subsequent declared stock and cash dividend for the prejudice shares. As per court order, Bangladesh Securities and Exchange Commission accorded permission to issue 1,554,740 rights shares along with 3,561,891 bonus shares to one of the Shareholders. In light of the aforementioned court's decision and subsequent permission accorded by the Bangladesh Securities and Exchange Commission, (cont.2)
Source: Dhaka Stock Exchange announcements. Some posts before 2014 have no title, and 2014–2020 coverage is incomplete.