KARACHI: Bank AL Habib Limited (PSX: BAHL) announced its financial results for the half year ended June 30, 2025, reporting a profit after tax (PAT) of Rs19.79 billion, reflecting an 8.66% decline compared to Rs21.66 billion in the same period last year.
Earnings per share (EPS) stood at Rs17.8, down from Rs19.49 in H1 2024, marking a decrease of 8.67%.
The bank’s total income dropped by 7.54% to Rs83.12 billion, largely due to a 26.91% fall in mark-up/interest earned, which amounted to Rs178.13 billion. On the other hand, non-markup income posted growth of 9.74%, reaching Rs16.61 billion, supported by a 17.29% rise in fee and commission income and a 2.59% increase in foreign exchange earnings.
Operating expenses rose by 12.28% to Rs44.93 billion, pushing up total non-markup expenses by 11.46%. However, the bank booked a reversal of Rs2.65 billion in credit loss allowances and write-offs, compared to a provision of Rs7.39 billion in the same period last year.
As a result, profit before taxation stood at Rs39.98 billion, down 3.50% from Rs41.43 billion in H1 2024. After accounting for taxation of Rs20.19 billion, the profit attributable to equity holders came in at Rs19.78 billion, representing an 8.68% year-on-year decline.
The Board of Directors announced an interim cash dividend of Rs3.5 per share, maintaining the same payout as last year.
Despite the overall negative trend in the banking sector, BAHL’s stock remained relatively stable, closing just 0.7% below its opening price, reflecting investor confidence in the bank’s fundamentals.
