KARACHI: Standard Chartered Bank Pakistan Limited (SCBPL) delivered a resilient financial performance with a Profit Before Tax of PKR 11.7 billion in Q1 2026 compared to PKR 17.0 billion last period. Revenue was lower year on year primarily due to sharp reduction in interest rates. The impact of margin compression on revenue was partially offset […]
KARACHI: The Board of Directors of Soneri Bank Limited, in their 216th meeting held in Karachi on Monday, approved the Bank’s financial statements of the first quarter ended 31 March 2026. The Bank’s stable performance across all functional areas underscores its operational robustness. This was achieved despite the dual challenges of a declining interest rate […]
Askari Bank Limited (AKBL) reported a profit after tax of Rs. 6.6 billion (EPS: Rs. 4.54) for 1QCY26, down 8 percent year-on-year (YoY) but up 37 percent quarter-on-quarter (QoQ). Alongside the results, the bank announced a dividend of Rs. 2 per share, bringing the payout ratio to 44 percent for the quarter. According to Arif […]
LAHORE: The Bank of Punjab (BOP), one of Pakistan’s leading public sector commercial banks, has announced its financial results for the first quarter of 2026, posting exceptional growth across key performance indicators. The Bank’s Board of Directors approved the unaudited financial statements for the period ended March 31, 2026, highlighting robust financial performance driven by […]
KARACHI: The Board of Directors of Bank Alfalah Limited (BAFL), in its meeting held on April 23, 2026, approved the Bank’s financial results for the quarter ended March 31, 2026. The Board of the Bank also approved an interim cash dividend of PKR 1.5 per share (30 percent) [Mar 25 (restated): PKR 1.25 per share […]
[Lahore: April 23, 2026] MCB Bank Limited is pleased to announce its financial results for the quarter ended March 31, 2026, reflecting resilient performance supported by strong fundamentals, disciplined execution, and balance sheet strength amid a challenging macroeconomic environment. The Board of Directors of MCB Bank, under the Chairmanship of Mian Mohammad Mansha, reviewed and […]
Meezan Bank (MEBL) announced its 1Q2026 result today, where the bank recorded unconsolidated earnings of Rs. 23.4 billion (earnings per share of Rs. 13.0), up by 6 percent year-on-year (YoY) and 7 percent quarter-on-quarter (QoQ) The high profit was due to stronger-than-expected non-operating income, according to Topline Securities. Net spread slightly declined by 1 percent […]
United Bank Limited posted its highest-ever quarterly profit in the first quarter of 2026, reporting a consolidated profit after tax of Rs. 48.42 billion, while earnings per share rose to Rs. 19.33, according to the bank’s financial results and research snapshot shared by Arif Habib Limited. The latest quarterly result marks a 34 percent increase […]
The Bank of Punjab (BOP) has announced that its Board of Directors has approved a one-year extension in the employment contract of its President and Chief Executive Officer, Zafar Masud. The decision was taken during the bank’s 330th emergent Board meeting held on April 13, 2026, according to a notice submitted to the Pakistan Stock […]
Appoints Two Deputy CEOs to Lead Treasury and Investment, and Digital Transformation and Operations Kuwait: In a strategic move aimed at strengthening its journey towards leadership, innovation and sustainable growth, Warba Bank announced a management restructuring at its executive level to align with its vision to deliver integrated banking solutions in compliance with Sharia principles, while […]