Friday, April 24 2026

FBL earns Rs10.8bn PBT in Q126
Faysal Bank Limited (FBL) delivered a sound and resilient financial performance in the first quarter of 2026, reporting Profit Before Tax (PBT) of Rs 10.8 billion and net profit of Rs 5.2 billion, translating into Earnings Per Share (EPS) of Rs 3.40. The Bank also declared an interim cash dividend of Rs 1.5 per share (15 percent), reflecting confidence in its performance and outlook. FBL maintained a strong balance sheet footing, with total assets reaching Rs 1.7 trillion. The Bank remained focused on optimizing its deposit mix, with a strategic emphasis on core current accounts, driven by trade and transactional flows across its expanding customer base, leveraging its wide and growing branch network.
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Related symbols: fabl (news stock)

MCB Bank reports resilient performance for Q1 with 90pc dividend payout
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 approved the Bank’s financial statements for the quarter ended March 31, 2026. The Board declared a first interim cash dividend of Rs 9.00 per share, i.e. 90 percent, re-affirming Bank’s commitment to delivering consistent shareholder returns. MCB reported a Profit Before Tax (PBT) of Rs 26.7 billion and a Profit After Tax (PAT) of Rs 12.8 billion, translating into Earnings Per Share (EPS) of Rs 10.80. On a consolidated basis, PBT stood at Rs 27.9 billion.
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Related symbols: mcb (news stock)

Monday, April 20 2026

HBL posts Q1’26 PBT of Rs33.7bn
HBL declared a consolidated profit before tax of Rs 33.7 billion, and a profit after tax of Rs 16.2 billion for the quarter ended March 31, 2026. EPS for Q1’26 was Rs 11.0. Along with the results, the Bank declared an interim dividend of Rs 6.00 per share for the quarter. HBL’s balance sheet increased to Rs 8.1 trillion, with domestic deposits closing at Rs 4.6 trillion and total deposits at Rs 5.4 trillion. Current account remained a priority for the Bank, as a result the domestic CA mix improved to 38.6 percent in March 2026. HBL’s total advances stood north of Rs 2.0 trillion. The Bank’s flagship Consumer portfolio continued its stellar growth trajectory, reaching Rs 180 billion, while the Group’s agriculture financing increased to over Rs 100 billion.
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Related symbols: hbl (news stock)

Business activities: ‘Banks must introduce maximum facilitation’
The business community and the banking sector are closely interconnected, and commercial banks must introduce maximum facilitation to support business activities. This was stated by Syed Salman Ali, Convener of the Standing Committee on Banking Affairs at the Lahore Chamber of Commerce and Industry (LCCI), while presiding over a committee meeting. Former LCCI Senior Vice President Ali Hissam Asghar, Syed Mardan Ali Zaidi, and LCCI Executive Committee Members Aamir Ali, Karamat Ali Awan, and Waqas Aslam also addressed the meeting. Other participants included Hammad Khalid, Ramzan Ahmed Raja Shakeel, Muhammad Shahid, Imran Khan, Muhammad Yaseen, Sheikh Aamir Habib, Syed Fahad, Najeeb Chughtai, Imran Asghar, and Kashif Bhatti.
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Friday, April 10 2026

Pakistan’s Supernet secures multi-million-dollar cybersecurity contract from major bank
Supernet Technologies Limited secured a multi-million-dollar cybersecurity contract through its subsidiary, Supernet Secure Solutions Pvt Limited, further strengthening its footprint in Pakistan’s financial services sector. The five-year contract was awarded by one of Pakistan’s largest banks, the company said in a statement. It said that this was the second consecutive mandate, following the successful execution of an earlier five-year contract awarded in 2021. “Under the renewed agreement, Super Secure will deploy an upgraded and more advanced cybersecurity solution aimed at strengthening the bank’s digital infrastructure. The project includes the implementation of endpoint security systems designed to protect more than 10,000 employees nationwide, addressing one of the most critical areas of cyber risk for financial institutions.” Supernet said that the contract value falls in the multi-million US dollar range, indicating a significant addition to its cybersecurity revenue pipeline over the next five years.
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Related symbols: stl (news stock)