Recent Financial News in the 'comm-banks' category
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Thursday, April 30 2026
JS Bank reports profit after tax of Rs1.045bn in Q1 2026
JS Bank Limited on Wednesday announced its financial results for the quarter ended March 31, 2026, reporting a profit before tax of Rs 2.175 billion and profit after tax of Rs 1.045 billion, translating into earnings per share (EPS) of Rs 0.51.
JS Bank’s balance sheet showed moderate growth, with total assets reported at Rs 682.877 billion, reflecting a 4 percent increase over December 2025. The growth in total assets was primarily driven by investments, which increased by Rs 89.076 billion on a net basis from December 2025. The Bank’s deposit base remained stable at Rs 544.898 billion. More importantly, the Bank’s non-remunerative deposit mix continued to remain over 40 percent.
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Quarter ending Mar 31st: Allied Bank posts Rs16.867bn PBT
Allied Bank’s strategic emphasis on sound risk management, balanced portfolio diversification, and prudent capital allocation is strengthening its resilience. Coupled with a strong focus on digitalization and operational efficiency, this approach is enhancing customer value and sustainable growth.
The Bank recorded markup up/interest income of Rs. 83,699 million for the quarter ended March 31, 2026, compared to Rs. 71,647 million during the same period last year, reflecting an increase of 17 percent. This increase primarily stems on account of higher average volumes of mark-up bearing assets.
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SCP delivers profit before tax of Rs11.7bn
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 by a decrease in cost of funds.
Total expenses declined by 2 percent despite a high inflationary environment and continuous investments in our infrastructure. Operating expenses were well managed through efficiencies and disciplined spending. Moreover, a prudent risk approach coupled with strong recoveries of bad debts led to a net release of PKR 0.7 billion during the period.
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Tuesday, April 28 2026
Soneri Bank posts Rs1.339bn PAT in Q126
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 environment and inflationary trends, alongside the planned capital expenditure for expanding our branch footprint.
The Bank posted Profit before tax (PBT) of Rs 2.795 billion and Profit after tax (PAT) of Rs 1.339 billion for the period ended 31 March 2026, as compared to Rs. 3.337 billion and Rs 1.147 billion respectively for the comparative period. The bottom-line growth resulted in an improved earnings per share of Rs 1.2146, up from Rs 1.0406. This reflects a period-on-period growth of 16.72 percent in shareholder returns.
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Bank AL Habib declares 45pc final cash dividend
The Annual General Meeting of Bank AL Habib Limited was held at the Bank’s premises located at 128-C, Old Bahawalpur Road, Multan on March 30, 2026.
The shareholders approved the Annual Accounts for the year ended December 31, 2025, and a 45 percent Final Cash Dividend. This is in addition to 105 percent Interim Cash Dividends paid earlier, thus, making a total of 150 percent i.e., Rs 15.00 per share.
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