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 […]
Breaking News: Askari Bank Limited (PSX: AKBL) Reports Decline in 1QCY24 Earnings Askari Bank Limited (PSX: AKBL) has announced its financial results for the first quarter of 2024 (1QCY24) today, revealing a notable decrease in profitability compared to the same period last year. The bank’s Profit After Tax (PAT) for 1QCY24 stands at Rs. 3.7 […]
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 […]
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 […]
BANK OF PUNJAB’S FIRST QUARTER PERFORMANCE UNDERSCORES REMARKABLE GROWTH Lahore, April 26, 2024 – The Board of Directors of The Bank of Punjab convened on Friday to deliberate on the un-audited Financial Statements for the 1st quarter ending March 31, 2024. The session saw a thorough review of the Bank’s performance against its strategic business […]
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 […]
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 […]