Faysal Bank Limited (FBL) Records Remarkable 103% Profit Surge in Q1 2024 Faysal Bank Limited (FBL) has announced an exceptional financial performance for the first quarter of 2024, showcasing a staggering 103% growth in profits. The bank’s profits soared to Rs 6.5 billion in comparison to the previous year’s Rs. 3.2 billion for the same […]
MCB Bank Limited Declares Impressive First Quarter Results In a recent board meeting chaired by Mian Mohammad Mansha, MCB Bank Limited (MCB) reviewed its performance for the first quarter ending March 31, 2024, and approved condensed interim financial statements. The board declared a first interim cash dividend of Rs. 9.0 per share, reflecting a robust […]
Bank Alfalah Limited Reports Strong Financial Performance for Quarter Ended March 31, 2024 In a recent meeting held on April 24, 2024, the Board of Directors of Bank Alfalah Limited (BAFL) approved the bank’s financial results for the quarter ended March 31, 2024, showcasing robust growth and strategic resilience in challenging market conditions. The bank […]
Allied Bank Limited Reports 1QCY24 Earnings: Profit Up 51% YoY, Down 5% QoQ Allied Bank Limited (PSX: ABL) unveiled its financial results for the first quarter of the calendar year 2024 (1QCY24) today, showcasing a robust performance with a Profit After Tax (PAT) of Rs. 11.6 billion. This figure represents a noteworthy increase of 51 […]
In an announcement today, Habib Bank Limited (HBL) disclosed its impressive financial performance for the first quarter ended March 31, 2024. The bank’s consolidated profit before tax marked a notable surge, reaching Rs. 30.1 billion, representing a substantial 40 percent increase compared to the corresponding period last year. Moreover, profit after tax witnessed a commendable […]
Meezan Bank Limited (PSX: MEBL) has disclosed a robust financial performance for the quarter ending March 31st, 2024 (1Q2024), with a profit after tax (PAT) reaching Rs. 25 billion, marking a substantial 65 percent increase year-on-year (YoY). According to Arif Habib Limited, the bank’s earnings were propelled by a YoY uptick in income. However, a […]
In a recent board meeting, the management team of PMIC received commendations from the Board for their exceptional financial performance despite the prevailing challenging macroeconomic conditions. The company’s resilience in navigating through the economic turmoil highlights its commitment to sustaining financial inclusion and fostering responsible lending practices for sustainable economic growth. PMIC, operating through a […]