BoK Reports Rs. 6.016 Billion Profit

BoK Reports Rs. 6.016 Billion Profit (before tax) for First 9 Months-2024

PESHAWAR: Bank of Khyber (BoK) held its 195th Board of Directors meeting on October 29, 2024, at the Bank’s Head Office in Peshawar, where members reviewed and approved the financial results for the nine-month period ending September 30, 2024. The meeting was presided over by Ikramullah Khan, Additional Chief Secretary of the Government of Khyber…

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ABL Posts Rs. 35.69 Billion Profit

ABL Posts Rs. 35.69 Billion Profit (After Tax) in First 9 Months-2024

KARACHI – Allied Bank Limited (ABL) has reinforced its position as a leader in digitally integrated banking solutions in Pakistan, demonstrating robust financial growth and ongoing commitment to innovation and community support. The bank announced notable achievements for the nine-month period ending September 30, 2024, with substantial improvements in assets, equity, and profit. ABL’s assets…

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MCB Bank Reports Massive Rs. 95.1 Billion Profit

MCB Bank Reports Massive Rs. 95.1 Billion Profit before Tax for First 9 Months-2024

Board declares Rs. 9.00 per share dividend; Total dividend reaches Rs. 27.00 per share for the nine months. MCB Bank Limited (MCB) has announced its financial results for the nine-month period ending September 30, 2024, demonstrating strong performance across all key financial indicators. The Bank’s Board of Directors, chaired by Mian Mohammad Mansha, approved the…

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UBL Reports Record Quarterly Earnings of Rs. 18.3 Billion for 3Q-2024

UBL Reports Record Quarterly Earnings of Rs. 18.3 Billion for 3Q-2024

KARACHI – United Bank Limited (UBL) has announced its financial results for the third quarter of 2024, posting a record profit of Rs. 18.3 billion, translating to earnings per share (EPS) of Rs. 14.96. This marks a significant 24 percent year-on-year (YoY) and quarter-on-quarter (QoQ) growth. According to Topline Securities, this is the highest-ever quarterly…

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Meezan Bank Reports Massive Rs. 78.3 Billion Profit

Meezan Bank Reports Massive Rs. 78.3 Billion Profit for First 9 Months-2024

Meezan Bank Limited (PSX: MEBL) reported strong financial results for the nine months ending September 30, 2024 (9MCY24), with earnings reaching Rs. 78.3 billion, marking an impressive 34% year-on-year (YoY) growth. The rise in profitability was driven by a significant increase in total income, as highlighted by Arif Habib Limited. For the third quarter of…

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Soneri Bank Reports Rs 9.6 Billion Profit

Soneri Bank Reports Rs 9.6 Billion Profit Before Tax for First 9 Months-2024

Karachi, October 16, 2024 – Soneri Bank Limited’s Board of Directors, in their 207th meeting held in Karachi, approved the Bank’s condensed interim financial statements for the nine-month period ending September 30, 2024. The results underscore consistent and sustained growth across all areas of the Bank’s operations. Soneri Bank reported a profit before tax (PBT)…

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Soneri Bank Limited Posts Rs. 1.76 Billion Profit

Soneri Bank Limited Posts Rs. 1.76 Billion Profit in 3 Months (Q1-2024)

Soneri Bank Limited (PSX: SNBL) Reports 18.2% YoY Rise in Quarterly Profit Soneri Bank Limited (SNBL) has released its financial statement for the quarter ending March 31, 2024, indicating a notable upturn in profits. The bank disclosed a profit of Rs1.76 billion, reflecting an impressive 18.2% Year-over-Year (YoY) increase compared to the same period last…

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Standard Chartered Bank Pakistan Posts Rs. 11.23 Billion Profit

Standard Chartered Bank Pakistan Posts Rs. 11.23 Billion Profit (after tax) in 3 Months (Q1-2024)

Standard Chartered Bank Pakistan Limited Reports Impressive Q1 2024 Performance In a notable display of financial prowess, Standard Chartered Bank Pakistan Limited (SCBPL) has announced a substantial surge in its first-quarter profits for 2024. The bank reported a staggering 53 percent growth in profit before tax, reaching Rs. 24.7 billion. After-tax profits also experienced a…

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BankIslami Pakistan Posts Rs. 3.2 Billion Profit

BankIslami Pakistan Posts Rs. 3.2 Billion Profit (after tax) in 3 Months (Q1-2024)

BankIslami Reports Impressive Financial Performance in Q1 2024 In a testament to its financial resilience and strategic prowess, BankIslami has announced stellar financial results for the first quarter of 2024, with a remarkable surge in profit before tax. Despite facing challenging market conditions, the bank achieved a profit before tax of PKR 6.3 billion, marking…

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JS Bank Limited Posts Rs. 4.2 Billion Profit

JS Bank Limited Posts Rs. 4.2 Billion Profit in 3 Months (Q1-2024)

According to a notice submitted to the Pakistan Stock Exchange (PSX) on Friday, JSBL reported a consolidated profit of Rs4.2 billion during the three months ended March 31, 2024, soaring from Rs883.27 million in the first quarter of the previous year. The surge in profit is attributed to a substantial rise in both interest and…

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