KARACHI – April 24, 2025: Bank AL Habib Limited (PSX: BAHL) has reported a 4.59% year-on-year increase in its profit after tax for the quarter ended March 31, 2025, reaching Rs10.72 billion, up from Rs10.25 billion in the corresponding period last year.
The bank also announced an interim cash dividend of 35%, translating to Rs3.5 per share.
Earnings per share (EPS) for the quarter climbed to Rs9.65, reflecting a 4.66% growth from Rs9.22 recorded in the same period last year.
Despite a 9.38% decline in net interest income to Rs33.64 billion—driven by a 22.39% drop in mark-up income and a 28.23% reduction in interest expenses—non-mark-up income provided support, growing 7.45% to Rs8.6 billion. This was largely fueled by a robust 31.97% rise in fee and commission income, alongside modest growth in other income segments.
However, the bank reported a loss of Rs244 million from derivatives during the quarter, while its share of profit from associates declined by 31.08%.
Operating expenses surged by 19.23% to Rs21.63 billion, pushing total non-mark-up expenses up 18.04% to Rs22.07 billion.
A key highlight was the bank’s significant turnaround in credit performance, with a net reversal of Rs1.16 billion in credit loss allowances, compared to a charge of Rs6.87 billion in the same period last year.
Consequently, profit before taxation rose by 9.06% to Rs21.34 billion. However, the tax expense increased by 13.98% year-on-year to Rs10.61 billion.v
