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Fundamental analysis by بورس24 | Bourse24 about Stock وشهر on 7/22/2025

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The #and city assembly For the third consecutive year, the accumulated losses of the City Bank were fully compensated and converted to accumulated profit of 4 trillion rials. This success led to the definitive departure of the City Bank from Article 5 of the Commercial Code after eight years. By complying with the Central Bank's criteria, the bank's capital adequacy ratio was upgraded from negative 2 % per year to 2 % in year 2. Also, the bank's capital increased from 1.2 billion riyals at the beginning of its establishment to 2.5 billion riyals per year and then with a 3.5 percent increase to 4.3 billion riyals per year. The City Bank resources have grown dramatically to more than 5 efforts, indicating that customers are upgraded to the bank. Also, maintaining a positive liquidity balance of the year 2 and not borrowing from the central bank and receiving a goodwill award are among the important achievements of the bank. By modifying the composition of resources and reducing operational costs, the cost of resources was reduced. All public and administrative costs of the bank were covered in year 6 from the cost of paying. The Bank of City had more than 5 % return for shareholders in the year. @Bourse24ir

Translated from: Farsi
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